NOT LISTED FOR SALE

3042 S Wallace St Chicago, IL 60616

Bridgeport Neighborhood

Estimated Value: $474,000 - $557,000

3 Beds
2 Baths
1,170 Sq Ft
$442/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2020

Last sale price $400,000 $342 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,472 / mo

15 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Soaking Tub
  • Ranch Style House
  • Detached Garage
  • 1-minute walk to Humbert Park

About This Home

As of November 2020

All-brick & nicely-maintained custom-built ranch home in prime Bridgeport location. Open floorplan. Spacious & bright living room with hardwood flooring. Kitchen with vent-out exhaust hood. All 3 bedrooms on the 1st floor with closets. Full bathroom on 1st floor & basement. Full finished basement with new flooring. Walk to Healy School.

Last Agent to Sell the Property

Yee Ng

Century 21 S.G.R., Inc. License #475158840 Listed on: 08/03/2020

Century 21 S.G.R., Inc.

Last Buyer's Agent

Qizhong Guan

Century 21 S.G.R., Inc. License #475154447

Century 21 S.G.R., Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1983

Lot Details

  • 3,049

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Soaking Tub
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1983

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1983
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 9X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Dimensions: 9X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Recreation Rm, Dimensions: 56X18, On Level: Basement, Flooring: Vinyl, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1170
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.075

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Parcel Identification Number: 17283290400000

Tax Info

  • Taxes: 1416.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Nov 9, 2020
Sold by
Lau Man Ying and Man Ying Lau Revocable Trust
Bought by
Liang Zhenhong and Huang Wanhong
Seller's Agent
Yee Ng
Century 21 S.G.R., Inc.
Buyer's Agent
Qizhong Guan
Century 21 S.G.R., Inc.
List Price
$398,000
Sold Price
$400,000
Premium/Discount to List
$2,000
0.5%
Current Estimated Value
$511,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,242
Avg. Annual Appreciation
4.72%
Original Mortgage
$250,000
Outstanding Balance
$220,936
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$295,765

Purchase Details

Closed on
Aug 9, 2013
Sold by
Lau Man Ying
Bought by
Lau Man Ying and Man Ying Lau Revocable Trust
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Liang Zhenhong $400,000 Chicago Title
Lau Man Ying -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Liang Zhenhong $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $400,000 +0.5% $342 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $398,000 -- $340 / 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 $8,398 $44,001 $17,713 $26,288
2024 $8,398 $44,001 $17,713 $26,288
2023 $9,126 $43,117 $14,300 $28,817
2022 $9,126 $47,791 $14,300 $33,491
2021 $10,055 $50,000 $14,300 $35,700
2020 $1,442 $32,960 $14,300 $18,660
2019 $1,438 $37,034 $14,300 $22,734
2018 $1,416 $37,034 $14,300 $22,734
2017 $1,516 $33,918 $11,375 $22,543
2016 $1,920 $33,918 $11,375 $22,543
2015 $1,845 $33,918 $11,375 $22,543
2014 $1,829 $31,921 $9,750 $22,171
2013 $1,836 $31,921 $9,750 $22,171
Source: Public Records

Agents Affiliated with this Home

  • Yee Ng

    Seller's Agent in 2020

    Yee Ng

    Century 21 S.G.R., Inc.

    (312) 375-7655

    3 in this area

    53 Total Sales

    Yee Ng
    Section Image
  • Qizhong Guan

    Buyer's Agent in 2020

    Qizhong Guan

    Century 21 S.G.R., Inc.

    (312) 730-8319

    37 in this area

    173 Total Sales

    Qizhong Guan
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10804877

Midwest Real Estate Data (MRED)

APN: 17-28-329-040-0000

Illinois Cook County Chicago 60616 Bridgeport

3042 S Wallace St, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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