NOT LISTED FOR SALE

71 E 16th St Unit 713 Chicago, IL 60616

South Loop Neighborhood

Estimated Value: $424,000 - $453,000

2 Beds
2 Baths
1,600 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 71 E 16th St Unit 713, Chicago, IL 60616 and is currently estimated at $437,866, approximately $273 per square foot. 71 E 16th St Unit 713 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Perspectives Chtr - Joslin Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Cody Ross and Kane Rachel
Bought by
Carmichael Joshua
Current Estimated Value
$439,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,150
Outstanding Balance
$371,515
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$66,351

Purchase Details

Closed on
Nov 21, 2022
Sold by
Mcphearson Anthony L
Bought by
Cody Ross and Kane Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
7.63%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2013
Sold by
Mcphearson Cheryl R
Bought by
Mcphearson Anthony L

Purchase Details

Closed on
Jun 1, 2007
Sold by
Newsome James
Bought by
Mcphearson Anthony and Mcphearson Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 2006
Sold by
Hsbc Bank Usa Na
Bought by
Newsome James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2006
Sold by
Ramos Noe
Bought by
Hsbc Bank Usa Na and The Registered Holders Of Ace Securities

Purchase Details

Closed on
Jun 13, 2005
Sold by
Ramos Noe
Bought by
A T Sterling Properties

Purchase Details

Closed on
Sep 15, 2004
Sold by
Rhymes Doris
Bought by
Ramos Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 2004
Sold by
Northside Community Bank
Bought by
Rhymes Doris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Carmichael Joshua $397,000 Chicago Title
Cody Ross $370,000 Citywide Title
Cody Ross $370,000 Citywide Title
Mcphearson Anthony L -- None Available
Mcphearson Anthony $359,000 Ctic
Newsome James -- None Available
Hsbc Bank Usa Na -- None Available
A T Sterling Properties -- --
Ramos Noe $420,000 Exeter Title Company
Rhymes Doris $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael Joshua $377,150
Previous Owner Cody Ross $277,500
Previous Owner Mcphearson Anthony $359,000
Previous Owner Newsome James $310,000
Previous Owner Ramos Noe $336,000
Closed Ramos Noe $84,000
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
2025 $6,985 $38,149 $12,393 $25,756
2024 $6,985 $38,149 $12,393 $25,756
2023 $6,809 $33,000 $11,731 $21,269
2022 $6,809 $33,000 $11,731 $21,269
2021 $6,656 $32,999 $11,731 $21,268
2020 $6,962 $31,250 $8,190 $23,060
2019 $6,836 $34,026 $8,190 $25,836
2018 $6,721 $34,026 $8,190 $25,836
2017 $6,666 $30,964 $6,766 $24,198
2016 $6,202 $30,964 $6,766 $24,198
2015 $5,674 $30,964 $6,766 $24,198
2014 $5,445 $29,347 $6,054 $23,293
2013 $5,338 $29,347 $6,054 $23,293
Source: Public Records

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