NOT LISTED FOR SALE

7318 S May St Chicago, IL 60621

Englewood Neighborhood

Estimated Value: $137,000 - $251,000

3 Beds
2 Baths
1,050 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $230,000 $219 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $934/month

26 Days on Market

Highlights

  • Sun or Florida Room
  • Bungalow
  • Forced Air Heating System
  • Formal Dining Room

About This Home

As of January 2024

TAKE A LOOK AT THIS BEAUTIFULLY UPDATED BRICK BUNGALOW WITH 3 BEDROOMS AND TWO FULL BATHS. UPON ENTERING THE PROPERTY, YOU WILL BE GREETED WITH NEW HARDWOOD FLOORS (AND FLOOR ART) THAT JUST CATCHES YOUR ATTENTION. A LARGE LIVING ROOM WITH A FORMAL DINING ROOM. THE KITCHEN HAS BEEN UPDATED WITH WHITE SHAKER CABINETS AND GRANITE COUNTER TOP. ON GOOD SIZE BEDROOM IN THE MAIN LEVEL. THE OTHER TWO BEDROOMS ARE ON THE SECOND FLOOR. LOTS OF STORAGE SPACE. THE FINISHED BASEMENT WITH A BAR AREA AND A FULL BATH. IT ALSO FEATURES A FAMILY ROOM AND A SEPARATE LAUNDRY ROOM. THE PROPERTY WAS UPGRADED WITH NEW WINDOWS, DOORS AND TRIM. NEW HARDWOOD FLOORING THROUGHOUT THE ENTIRE HOME. THE TWO BATHROOMS WERE UPGRADED WITH STYLISH CERAMIC AND VANITIES. NEW PRIVACY FENCE AND A SMALL DECK JUST OUTSIDE REAR SUN ROOM.

Last Agent to Sell the Property

Leopoldo Saucedo

Citywide Realty LLC License #471014363 Listed on: 09/26/2023

Co-Listed By

German Tovalin

Citywide Realty LLC License #475149693

Last Buyer's Agent

Karen Flores

Luna Realty Group License #475182345

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 25x125

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Bungalow

Home Details

Home Type

Single Family

Est. Annual Taxes

$15

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1050
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6.26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Jan 10, 2024
Sold by
Cazares Property Investments Corp
Bought by
Guerra Miguel Alejandro Lu and Diaz Erika Roxana
Seller's Agent
Leopoldo Saucedo
Citywide Realty LLC
Buyer's Agent
Karen Flores
Luna Realty Group
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Views
151
Current Estimated Value
$178,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,765
Avg. Annual Appreciation
-13.07%
Original Mortgage
$161,000
Outstanding Balance
$159,203
Interest Rate
9.25%
Mortgage Type
New Conventional
Estimated Equity
$19,032

Purchase Details

Closed on
Apr 14, 2023
Sold by
Hope Everlyn
Bought by
Cazares Propert Investments Corp

Purchase Details

Closed on
Jul 16, 1997
Sold by
Dukes Ervin
Bought by
Hope Everlyn
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
Guerra Miguel Alejandro Lu $230,000 Old Republic Title
Cazares Propert Investments Corp $32,000 Fidelity National Title
Hope Everlyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Miguel Alejandro Lu $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $230,000 0.0% $219 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $229,900 -2.1% $219 / Sq Ft
10/09/2023 10/09/23 Price Changed $234,900 -1.9% $224 / Sq Ft
10/04/2023 10/04/23 Price Changed $239,400 -0.2% $228 / Sq Ft
09/26/2023 09/26/23 For Sale $239,900 -- $228 / 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 $15 $3,001 $938 $2,063
2023 -- $3,388 $2,031 $1,357
2022 $0 $3,388 $2,031 $1,357
2021 $11 $3,387 $2,031 $1,356
2020 $386 $4,834 $2,343 $2,491
2019 $390 $5,372 $2,343 $3,029
2018 $383 $5,372 $2,343 $3,029
2017 $726 $6,746 $2,031 $4,715
2016 $851 $6,746 $2,031 $4,715
2015 $756 $6,746 $2,031 $4,715
2014 $589 $5,741 $1,875 $3,866
2013 $566 $5,741 $1,875 $3,866
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Leopoldo Saucedo

    Citywide Realty LLC

    Section Image

  • G

    Seller Co-Listing Agent in 2024

    German Tovalin

    Citywide Realty LLC

    Section Image

  • K

    Buyer's Agent in 2024

    Karen Flores

    Luna Realty Group

    (773) 879-2110

    12 in this area

    152 Total Sales

    Karen Flores
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11894330

Midwest Real Estate Data (MRED)

APN: 20-29-216-030-0000

Illinois Cook County Chicago 60621 Englewood

7318 S May St, Chicago, IL

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