NOT LISTED FOR SALE

7216 S Ridgeland Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $108,000 - $198,894

2 Beds
1 Bath
1,392 Sq Ft
$110/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $55,000 $40 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $988/month

31 Days on Market

About This Home

As of February 2020

SPACIOUS BRICK BUNGALOW WITH FULL BASEMENT AND 2 CAR GARAGE / BEING SOLD IN AS IS CONDITION / NO SURVEY NOR DISCLOSURES / TAXES PRO RATED AT 100% / SEE AGENT REMARKS FOR OFFER SUBMISSION INSTRUCTIONS.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 12/23/2019

Last Buyer's Agent

Artis Simpson

Artis L. Simpson License #471016606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • 1918

Lot Details

  • 3,920

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1918
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1918

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X14, On Level: Main Level
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 16X14, On Level: Main Level
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X9, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level
  • Estimated Sq Ft: 1392

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.094

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4095
  • Parcel Identification Number: 20251140260000

Tax Info

  • Taxes: 2579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Feb 5, 2020
Sold by
Wells Fargo Bank Na
Bought by
Harris Richard
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Artis Simpson
Artis L. Simpson
List Price
$46,800
Sold Price
$55,000
Premium/Discount to List
$8,200
17.52%
Current Estimated Value
$153,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,724
Avg. Annual Appreciation
23.03%

Purchase Details

Closed on
Sep 5, 2019
Sold by
Fitts Adrienne and Wilkins Gregory Neal
Bought by
Wells Fargo Bank N A and Park Place Securities Inc Asset Backed P

Purchase Details

Closed on
Jun 14, 1994
Sold by
Shepard Linda
Bought by
Fitts Adrienne

Purchase Details

Closed on
Oct 8, 1993
Sold by
Mccune Woodie
Bought by
Shepard Linda
Source: Public Records

Range of Values:

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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
Harris Richard $55,000 Fidelity National Title
Wells Fargo Bank N A -- Attorney
Fitts Adrienne -- --
Shepard Linda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Richard $136,000
Previous Owner Fitts Adrienne $125,000
Previous Owner Fitts Adrienne $87,511
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $55,000 +17.5% $40 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $46,800 -- $34 / 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 $1,800 $11,900 $3,071 $8,829
2023 $1,748 $8,500 $5,119 $3,381
2022 $1,748 $8,500 $5,119 $3,381
2021 $1,709 $8,499 $5,118 $3,381
2020 $2,200 $12,979 $3,685 $9,294
2019 $2,209 $14,422 $3,685 $10,737
2018 $0 $14,422 $3,685 $10,737
2017 $2,579 $15,354 $3,276 $12,078
2016 $0 $15,354 $3,276 $12,078
2015 $0 $15,354 $3,276 $12,078
2014 $1,912 $13,610 $2,866 $10,744
2013 $1,860 $13,610 $2,866 $10,744
Source: Public Records

Agents Affiliated with this Home

  • Michael Olszewski

    Seller's Agent in 2020

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    5 in this area

    581 Total Sales

    Michael Olszewski
    Section Image

  • A

    Buyer's Agent in 2020

    Artis Simpson

    Artis L. Simpson

    37 Total Sales

    Artis Simpson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10597212

Midwest Real Estate Data (MRED)

APN: 20-25-114-026-0000

Illinois Cook County Chicago 60649 South Shore

7216 S Ridgeland Ave, Chicago, IL

This home is located at 7216 S Ridgeland Ave, Chicago, IL 60649 since 23 December 2019 and is currently estimated at $153,724, approximately $110 per square foot. This property was built in 1918. 7216 S Ridgeland Ave is a home located in Cook County with nearby schools including Bouchet Elementary Math & Science Academy, Muhammad University, and St Philip Neri Elementary School.

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