NOT LISTED FOR SALE

7240 S May St Chicago, IL 60621

Englewood Neighborhood

Estimated Value: $81,000 - $109,000

4 Beds
2 Baths
882 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $10,000 $11 Per Sq Ft

Est. 814% increase in value since last sale

Current estimated payment $563/month

23 Days on Market

About This Home

As of February 2012

MUST SEE!!!! 4 BEDROOM 2 BATH HOME. WITH SPACIOUS LIVING ROOM SPACE. HAS GREAT POTENTIAL! This is a Homepath property,Owner occupant offers considered first 15 days prior to investor offers Buyer is responsible for survey and taxes prorated at 100%

Last Agent to Sell the Property

Coya Smith

RE/MAX Premier License #471000671 Listed on: 01/03/2012

RE/MAX Premier

Last Buyer's Agent

Olabode Oladipupo

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $776

Year Built

  • 1908

Lot Details

  • 3,136

Home Design

  • Aluminum Siding

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$776

Year Built

1908

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 2 Stories
  • Special Features: 20
  • Year Built: 1908

Interior Features

  • Number Of Rooms: 7
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X8
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X9
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X15
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 16X8
  • Living Room Level: Main Level
  • Living Room Size: 12X10
  • Dining Room Level: Main Level
  • Dining Room Size: 12X10
  • Kitchen Level: Main Level
  • Kitchen Size: 11X11
  • Additional Rooms: No additional rooms

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding

Utilities

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

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 20, 2012
Sold by
Fannie Mae
Bought by
Royster Dennis
Seller's Agent
Coya Smith
RE/MAX Premier
Buyer's Agent
Olabode Oladipupo
List Price
$11,400
Sold Price
$10,000
Premium/Discount to List
-$1,400
-12.28%
Current Estimated Value
$91,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,407
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Jackon
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 30, 2005
Sold by
Devermann Heather
Bought by
Jackson Tilden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2004
Sold by
Johnson John A and Johnson Mildred G
Bought by
Devermann Heather
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
Royster Dennis $10,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Jackson Tilden $143,000 Residential Title Services
Devermann Heather $35,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Tilden $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $10,000 -12.3% $11 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $11,400 -- $13 / 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 $776 $4,301 $938 $3,363
2023 $757 $3,681 $2,031 $1,650
2022 $757 $3,681 $2,031 $1,650
2021 $740 $3,680 $2,031 $1,649
2020 $1,215 $5,452 $2,343 $3,109
2019 $1,217 $6,058 $2,343 $3,715
2018 $1,197 $6,058 $2,343 $3,715
2017 $1,639 $7,614 $2,031 $5,583
2016 $1,025 $7,614 $2,031 $5,583
2015 $915 $7,614 $2,031 $5,583
2014 $862 $7,212 $1,875 $5,337
2013 $833 $7,212 $1,875 $5,337
Source: Public Records

Agents Affiliated with this Home

  • Coya Smith

    Seller's Agent in 2012

    Coya Smith

    RE/MAX Premier

    (708) 903-5110

    166 Total Sales

    Coya Smith
    Section Image

  • O

    Buyer's Agent in 2012

    Olabode Oladipupo

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07967670

Midwest Real Estate Data (MRED)

APN: 20-29-208-038-0000

Illinois Cook County Chicago 60621 Englewood

7240 S May St, Chicago, IL

This home is located at 7240 S May St, Chicago, IL 60621 since 03 January 2012 and is currently estimated at $91,407, approximately $103 per square foot. This property was built in 1908. 7240 S May St is a home located in Cook County with nearby schools including Stagg Elementary School and St Sabina Academy.

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