550 W 116th St Chicago, IL 60628
West Pullman NeighborhoodEstimated Value: $213,000 - $226,052
2
Beds
1
Bath
963
Sq Ft
$228/Sq Ft
Est. Value
About This Home
This home is located at 550 W 116th St, Chicago, IL 60628 and is currently estimated at $219,526, approximately $227 per square foot. 550 W 116th St is a home located in Cook County with nearby schools including Alex Haley Elementary Academy and Fenger Academy High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 4, 1996
Sold by
B & V Development Inc
Bought by
Myles Darnell V and Banks Janice M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,851
Outstanding Balance
$387
Interest Rate
7.28%
Mortgage Type
FHA
Estimated Equity
$219,139
Purchase Details
Closed on
Oct 28, 1994
Sold by
Mockus Robert A
Bought by
B & V Development Inc
Purchase Details
Closed on
Aug 30, 1994
Sold by
American Housing Trust Xi
Bought by
Mockus Robert A
Purchase Details
Closed on
Nov 12, 1993
Sold by
Keys Olive R
Bought by
Lewis Rodney
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Myles Darnell V | $57,000 | Intercounty Title | |
| B & V Development Inc | $27,000 | First American Title | |
| Mockus Robert A | $12,000 | 1St American Title | |
| Lewis Rodney | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Myles Darnell V | $56,851 |
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 | $349 | $2,475 | $2,475 | -- |
| 2024 | $349 | $2,475 | $2,475 | -- |
| 2023 | $340 | $1,650 | $1,650 | -- |
| 2022 | $340 | $1,650 | $1,650 | $0 |
| 2021 | $333 | $1,650 | $1,650 | $0 |
| 2020 | $507 | $2,268 | $2,268 | $0 |
| 2019 | $457 | $2,268 | $2,268 | $0 |
| 2018 | $449 | $2,268 | $2,268 | $0 |
| 2017 | $445 | $2,062 | $2,062 | $0 |
| 2016 | $1,668 | $8,306 | $2,062 | $6,244 |
| 2015 | $1,526 | $8,306 | $2,062 | $6,244 |
| 2014 | $1,475 | $7,932 | $1,856 | $6,076 |
| 2013 | $1,446 | $7,932 | $1,856 | $6,076 |
Source: Public Records
Map
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