NOT LISTED FOR SALE

2862 E 98th St Chicago, IL 60617

Slag Valley Neighborhood

Estimated Value: $107,000 - $183,000

3 Beds
2 Baths
1,008 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $105,000 $104 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $884/month

Highlights

  • 2.5 Car Detached Garage
  • Heating System Uses Steam
  • 2-minute walk to Veterans Memorial Park
  • Combination Dining and Living Room

About This Home

As of May 2022

Property being sold "AS IS" and being sold with all furniture and personal belongings in the property. Buyer will be resposible for cleaning/trashing all item he/she do not wish to keep. Propety was sold prior to listing.

Last Agent to Sell the Property

Veronica Magana

Cruz-Magana Realty, LLC License #471021729 Listed on: 05/03/2022

Last Buyer's Agent

Veronica Magana

Cruz-Magana Realty, LLC License #471021729 Listed on: 05/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Lot Details

  • 3,276 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Lot Details

3,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1008
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Attic: Dormer,Finished,Full

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0752
  • Lot Dimensions: 3275
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1362.18
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 17, 2022
Sold by
Vasquez Denise M
Bought by
Medina Jose L and Castaneda Villa
Seller's Agent
Veronica Magana
Cruz-Magana Realty, LLC
Buyer's Agent
Veronica Magana
Cruz-Magana Realty, LLC
List Price
$130,000
Sold Price
$105,000
Premium/Discount to List
-$25,000
-19.23%
Current Estimated Value
$151,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,272
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Vasquez Denise and Vasquez Fidel
Bought by
Vasquez Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
9.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 1993
Sold by
Vasquez Fidel and Vasquez Denise M
Bought by
Vasquez Fidel and Vasquez Denise M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Medina Jose L $105,000 None Listed On Document
Vasquez Denise -- --
Vasquez Fidel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Denise $88,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $105,000 -19.2% $104 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $130,000 -- $129 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,163 $4,400 $2,456 $1,944
2024 $1,163 $4,400 $2,456 $1,944
2023 $429 $5,500 $4,094 $1,406
2022 $429 $5,500 $4,094 $1,406
2021 $437 $5,499 $4,093 $1,406
2020 $1,362 $9,202 $2,947 $6,255
2019 $1,346 $10,113 $2,947 $7,166
2018 $1,322 $10,113 $2,947 $7,166
2017 $1,463 $10,156 $2,620 $7,536
2016 $1,538 $10,156 $2,620 $7,536
2015 $1,384 $10,156 $2,620 $7,536
2014 $1,607 $11,206 $1,965 $9,241
2013 $1,563 $11,206 $1,965 $9,241
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Veronica Magana

    Cruz-Magana Realty, LLC

    (773) 726-1152

    2 in this area

    29 Total Sales

    Veronica Magana
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11392923

Midwest Real Estate Data (MRED)

APN: 26-06-128-035-0000

Illinois Cook County Chicago 60617 Slag Valley

2862 E 98th St, Chicago, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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