NOT LISTED FOR SALE

7408 S May St Chicago, IL 60621

Englewood Neighborhood

Estimated Value: $71,000 - $132,000

3 Beds
1 Bath
1,200 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: May 4, 2016

Last sale price $15,000 $12 Per Sq Ft

Est. 572% increase in value since last sale

Current estimated payment $608 / mo

44 Days on Market

About This Home

As of May 2016

REO - BANK-OWNED! PERFECT INVESTMENT PROPERTY IS LOCATED IN AN UPCOMING AREA. TWO FLOORS OF FINISHED LIVING SPACE AND A FULL UNFINISHED BASEMENT FOR THOSE GREAT EXPANSION IDEAS. PROPERTY WILL SELL AS-IS CONDITION. NO SURVEY OR SELLER-PAID INSPECTIONS. 100% TAX PRORATIONS. CURRENTLY OCCUPIED WITH GREAT TENANTS.

Last Agent to Sell the Property

The Galarza Team

Century 21 New Beginnings License #475113749 Listed on: 02/09/2016

Century 21 New Beginnings

Last Buyer's Agent

Edrick Salomon

Select a Fee RE System License #475138651

Home Details

Home Type

  • Single Family

Year Built

  • 1903

Lot Details

  • 3,136

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Frame Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

1903

Lot Details

3,136 Sq Ft Lot

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: Raised Ranch
  • Estimated Year Built: 1903
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1903

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 11X13, On Level: Main Level
  • Attic: Finished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X10, On Level: Basement
  • Dining Room: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Dimensions: 12X14, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X9, On Level: Main Level
  • Bedroom 2: Dimensions: 10X9, On Level: Main Level
  • Bedroom 3: Dimensions: 13X14, On Level: 2nd Level
  • Estimated Sq Ft: 1200

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 20292240210000

Tax Info

  • Taxes: 1445

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 3, 2016
Sold by
Bought by
Seller's Agent
The Galarza Team
Century 21 New Beginnings
Buyer's Agent
Edrick Salomon
Select a Fee RE System
List Price
$15,900
Sold Price
$15,000
Premium/Discount to List
-$900
-5.66%
Current Estimated Value
$100,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,863
Avg. Annual Appreciation
20.68%

Purchase Details

Closed on
Jul 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$15,000 None Available
-- Attorney
$10,000 First American Title
-- None Available
$65,000 Stewart Title Of Illinois
$30,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $52,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/04/2016 05/04/16 Sold $15,000 -5.7% $13 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $15,900 0.0% $13 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $15,900 -- $13 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $781 $4,301 $938 $3,363
2024 $781 $4,301 $938 $3,363
2023 $761 $3,700 $2,031 $1,669
2022 $761 $3,700 $2,031 $1,669
2021 $744 $3,700 $2,031 $1,669
2020 $1,269 $5,697 $2,343 $3,354
2019 $1,272 $6,331 $2,343 $3,988
2018 $1,251 $6,331 $2,343 $3,988
2017 $1,782 $8,278 $2,031 $6,247
2016 $1,658 $8,278 $2,031 $6,247
2015 $1,517 $8,278 $2,031 $6,247
2014 $1,446 $7,791 $1,875 $5,916
2013 $1,417 $7,791 $1,875 $5,916
Source: Public Records

Agents Affiliated with this Home

  • The Galarza Team

    Seller's Agent in 2016

    The Galarza Team

    Century 21 New Beginnings

    (773) 245-3445

    25 in this area

    543 Total Sales

    The Galarza Team
    Section Image

  • E

    Buyer's Agent in 2016

    Edrick Salomon

    Select a Fee RE System

    (773) 203-0018

    13 in this area

    179 Total Sales

    Edrick Salomon
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09135042

Midwest Real Estate Data (MRED)

APN: 20-29-224-021-0000

Illinois Cook County Chicago 60621 Englewood

7408 S May St, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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