NOT LISTED FOR SALE

2954 S Michigan Ave Chicago, IL 60616

Dearborn Neighborhood

Estimated Value: $330,000 - $447,000

3 Beds
2 Baths
1,620 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 2954 S Michigan Ave, Chicago, IL 60616 and is currently estimated at $406,309, approximately $250 per square foot. 2954 S Michigan Ave is a home located in Cook County with nearby schools including Drake Elementary School, Wendell Phillips Academy High School, and St. Jerome School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2018
Sold by
Brown Preston and Brown Judith
Bought by
Keys Antonio
Current Estimated Value
$406,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Outstanding Balance
$290,491
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$115,818

Purchase Details

Closed on
Apr 6, 2007
Sold by
Palmer David A and Palmer Cora I
Bought by
Brown Preston and Brown Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1997
Sold by
The Chicago Trust Company
Bought by
Palmer David A and Palmer Cora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
7.38%

Purchase Details

Closed on
May 9, 1996
Sold by
The Chicago Trust Company
Bought by
The Chicago Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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Quantarium

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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
Keys Antonio $340,000 Chicago Title
Brown Preston $319,000 First American Title Ins Co
Palmer David A $200,000 --
The Chicago Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keys Antonio $333,841
Previous Owner Brown Preston $255,200
Previous Owner Palmer David A $189,600
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
2025 $6,284 $34,000 $7,935 $26,065
2024 $6,284 $34,000 $7,935 $26,065
2023 $6,103 $33,000 $6,406 $26,594
2022 $6,103 $33,000 $6,406 $26,594
2021 $5,984 $32,999 $6,406 $26,593
2020 $5,364 $27,179 $5,241 $21,938
2019 $5,312 $29,868 $5,241 $24,627
2018 $5,221 $29,868 $5,241 $24,627
2017 $4,851 $25,909 $4,368 $21,541
2016 $4,689 $25,909 $4,368 $21,541
2015 $4,267 $25,909 $4,368 $21,541
2014 $4,580 $27,251 $3,640 $23,611
2013 $4,478 $27,251 $3,640 $23,611
Source: Public Records

Map

Illinois Cook County Chicago 60616 Dearborn

2954 S Michigan Ave, Chicago, IL

Not Listed for Sale

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