NOT LISTED FOR SALE

Estimated Value: $458,022 - $547,000

3 Beds
4 Baths
3,000 Sq Ft
$169/Sq Ft Est. Value

About This Home

This home is located at 4505 S Drake Ave, Chicago, IL 60632 and is currently estimated at $506,756, approximately $168 per square foot. 4505 S Drake Ave is a home located in Cook County with nearby schools including Davis N Elementary School, Curie Metropolitan High School, and Mansueto High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2008
Sold by
Im Development Corp
Bought by
Tso Wai Hung and Shih Wai
Current Estimated Value
$506,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2006
Sold by
Chung Chun Pong and Wong Moon Fong
Bought by
Im Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Dunleavy Stephen

Purchase Details

Closed on
Nov 4, 2004
Sold by
Standard Bank & Trust Co
Bought by
Chung Chun Pong and Wong Moon Fong
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
Tso Wai Hung $403,000 Git
Im Development Corp $400,000 Cti
Dunleavy Stephen $390,000 Multiple
Chung Chun Pong $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tso Wai Hung $14,000
Open Tao Wai Hung $254,000
Closed Shih Wai $265,000
Closed Tso Wai Hung $270,000
Previous Owner Im Development Corp $320,000
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 $5,874 $39,000 $4,625 $34,375
2023 $6,701 $31,156 $3,700 $27,456
2022 $6,701 $36,000 $3,700 $32,300
2021 $6,570 $36,000 $3,700 $32,300
2020 $4,764 $24,488 $3,700 $20,788
2019 $4,902 $27,828 $3,700 $24,128
2018 $4,818 $27,828 $3,700 $24,128
2017 $4,777 $25,565 $3,330 $22,235
2016 $4,986 $27,390 $3,330 $24,060
2015 $4,538 $27,390 $3,330 $24,060
2014 $4,024 $24,255 $3,145 $21,110
2013 $3,933 $24,255 $3,145 $21,110
Source: Public Records

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