NOT LISTED FOR SALE

3550 S Dr Martin l King jr Dr Unit 2 Chicago, IL 60653

Bronzeville Neighborhood

Estimated Value: $231,000 - $291,000

3 Beds
2 Baths
1,400 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 3550 S Dr Martin l King jr Dr Unit 2, Chicago, IL 60653 and is currently estimated at $266,098, approximately $190 per square foot. 3550 S Dr Martin l King jr Dr Unit 2 is a home located in Cook County with nearby schools including Wells Preparatory Elementary Academy, Wendell Phillips Academy High School, and Urban Prep Charter South Shore High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Ilinkgo Llc
Bought by
Murphy Jaslynn
Current Estimated Value
$266,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,530
Outstanding Balance
$232,559
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$42,594

Purchase Details

Closed on
Oct 8, 2018
Sold by
Promptly Properties Corporation
Bought by
Ilinkgo Llc

Purchase Details

Closed on
Dec 29, 2016
Sold by
Capital Service
Bought by
Prompt Property Solutions

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 24, 2016
Sold by
Pnc Bank Na
Bought by
S V Capital Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 28, 2014
Sold by
Brewer Naukya and Brewer Naukya V
Bought by
Pnc Bank Na

Purchase Details

Closed on
May 27, 2004
Sold by
State Bank Of Countryside
Bought by
Brewer Naukya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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

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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
Murphy Jaslynn $249,000 Acuity Title
Ilinkgo Llc $175,000 Stewart Title Company
Promptly Properties -- Stewart Title
Prompt Property Solutions $105,000 Lakeland Title Services
S V Capital Services $64,500 None Available
Pnc Bank Na -- None Available
Brewer Naukya $239,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Jaslynn $241,530
Closed Murphy Jaslynn $241,530
Previous Owner Prompt Property Solutions $25,000
Previous Owner Promptly Properties $25,000
Previous Owner Promptly Properties $110,000
Previous Owner S V Capital Services $25,000
Previous Owner Brewer Naukya $143,400
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 $2,963 $25,032 $3,318 $21,714
2023 $2,888 $14,000 $2,669 $11,331
2022 $2,888 $14,000 $2,669 $11,331
2021 $2,823 $13,999 $2,669 $11,330
2020 $3,045 $13,668 $2,288 $11,380
2019 $3,031 $15,084 $2,288 $12,796
2018 $2,301 $15,084 $2,288 $12,796
2017 $2,228 $13,726 $1,906 $11,820
2016 $2,249 $13,726 $1,906 $11,820
2015 $2,035 $13,726 $1,906 $11,820
2014 $2,063 $13,688 $1,620 $12,068
2013 $2,011 $13,688 $1,620 $12,068
Source: Public Records

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