NOT LISTED FOR SALE

2942 W Fargo Ave Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $590,000 - $765,000

3 Beds
2 Baths
1,877 Sq Ft
$341/Sq Ft Est. Value

About This Home

This home is located at 2942 W Fargo Ave, Chicago, IL 60645 and is currently estimated at $640,723, approximately $341 per square foot. 2942 W Fargo Ave is a home located in Cook County with nearby schools including Rogers Elementary School, Mather High School, and St Margaret Mary Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2005
Sold by
Yuen Kenneth and Yuen Minfang
Bought by
Khan Mohammad and Khatoon Naseeb
Current Estimated Value
$640,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Outstanding Balance
$271,257
Interest Rate
7.4%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$369,466
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Khan Mohammad $418,000 Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Mohammad $334,400
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2024 $7,951 $48,000 $13,950 $34,050
2023 $7,730 $41,000 $11,160 $29,840
2022 $7,730 $41,000 $11,160 $29,840
2021 $7,575 $41,000 $11,160 $29,840
2020 $6,678 $33,080 $8,091 $24,989
2019 $6,688 $36,715 $8,091 $28,624
2018 $6,574 $36,715 $8,091 $28,624
2017 $6,574 $33,914 $7,254 $26,660
2016 $6,292 $33,914 $7,254 $26,660
2015 $5,734 $33,914 $7,254 $26,660
2014 $5,296 $31,114 $6,696 $24,418
2013 $5,181 $31,114 $6,696 $24,418
Source: Public Records

Map

Illinois Cook County Chicago 60645 West Ridge

2942 W Fargo Ave, Chicago, IL

Not Listed for Sale

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