NOT LISTED FOR SALE

7029 W 74th St Chicago, IL 60638

Estimated Value: $212,000 - $252,078

2 Beds
1 Bath
976 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $90,000 $92 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,660/month

116 Days on Market

Highlights

  • Bonus Room
  • Property is near a bus stop
  • Senior Tax Exemptions
  • Attached Garage
  • Central Air

About This Home

As of November 2016

I need you to transform my bones into your next home. I have 2 garages, one with a second level to store all your toys. I would be a great investment property, too. Chicago mailing address with Burbank schools. Easy access to mass transportation in case you have too many toys in your garages. Priced to sell right now. Make an offer and come home today. I am not a foreclosure or short sale. I can close quickly if you want.

Last Agent to Sell the Property

James Katula

HomeSmart Realty Group License #475140610 Listed on: 05/23/2016

HomeSmart Realty Group

Last Buyer's Agent

Erika Villegas

Re/Max In The Village License #471020421

Re/Max In The Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,231

Year Built

  • 1947

Lot Details

  • 6,534

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Bonus Room
  • Oven or Range

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,231

Year Built

1947

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1947
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X20, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range
  • Attic: Finished, Interior Stair
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 4X9, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 7X8, On Level: Main Level, Windows: None
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level
  • Additional Room 1 Name: Bonus, Dimensions: 8X30, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 976
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.1538

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 220
  • High School: REAVIS HIGH SCHOOL
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 6700 SQ FT
  • Parcel Identification Number: 19301130050000

Tax Info

  • Taxes: 1548.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Nov 9, 2016
Sold by
Mattes Ann M
Bought by
Vazquez Luis J
Seller's Agent
James Katula
HomeSmart Realty Group
Buyer's Agent
Erika Villegas
Re/Max In The Village
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Current Estimated Value
$224,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,520
Avg. Annual Appreciation
10.80%
Original Mortgage
$82,417
Outstanding Balance
$67,702
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$153,305

Purchase Details

Closed on
Feb 22, 1994
Sold by
Singh Malkit and Singh Jaswinder
Bought by
Mattes Neil and Mattes Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Vazquez Luis J $90,000 North American Title Co
Mattes Neil $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Luis J $82,417
Previous Owner Mattes Neil $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $90,000 -9.1% $92 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $99,000 0.0% $101 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $99,000 0.0% $101 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/21/2016 06/21/16 Price Changed $99,000 -23.8% $101 / Sq Ft
06/11/2016 06/11/16 For Sale $130,000 0.0% $133 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $130,000 -- $133 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,231 $19,001 $3,518 $15,483
2023 $4,770 $19,001 $3,518 $15,483
2022 $4,770 $14,089 $3,015 $11,074
2021 $4,530 $14,088 $3,015 $11,073
2020 $4,384 $14,088 $3,015 $11,073
2019 $3,893 $12,401 $2,680 $9,721
2018 $3,797 $12,401 $2,680 $9,721
2017 $3,699 $12,401 $2,680 $9,721
2016 $3,025 $9,695 $2,177 $7,518
2015 $1,565 $9,695 $2,177 $7,518
2014 $1,548 $9,695 $2,177 $7,518
2013 $1,898 $11,569 $2,177 $9,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09235982

Midwest Real Estate Data (MRED)

APN: 19-30-113-005-0000