NOT LISTED FOR SALE

7742 S Colfax Ave Unit 2 Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $75,000 - $173,000

-- Bed
-- Bath
6,484 Sq Ft
$20/Sq Ft Est. Value

About This Home

This home is located at 7742 S Colfax Ave Unit 2, Chicago, IL 60649 and is currently estimated at $129,667, approximately $19 per square foot. 7742 S Colfax Ave Unit 2 is a home located in Cook County with nearby schools including Bradwell Community Arts & Sci Elementary School and Great Lakes Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Jones William E
Bought by
Harris Tyrone P
Current Estimated Value
$129,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Outstanding Balance
$457,800
Interest Rate
2.44%
Mortgage Type
FHA
Estimated Equity
-$328,133

Purchase Details

Closed on
Jul 13, 2019
Sold by
Oliver Property Management Llc
Bought by
Jones William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2018
Sold by
Res Il Dmh Llc
Bought by
Oliver Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2017
Sold by
Howard Diane M
Bought by
Res Il Dmh Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Tyrone P $520,000 Chicago Title
Jones William E $291,000 Ata National Title Group Llc
Oliver Property Management Llc $225,000 Attorney
Res Il Dmh Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Tyrone P $510,581
Previous Owner Jones William E $232,800
Previous Owner Oliver Property Management Llc $133,000
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
2024 $529 $14,560 $783 $13,777
2023 $514 $2,500 $1,250 $1,250
2022 $514 $2,500 $1,250 $1,250
2021 $503 $2,499 $1,250 $1,249
2020 $2,642 $11,860 $939 $10,921
2019 $2,637 $13,126 $939 $12,187
2018 $2,593 $13,126 $939 $12,187
2017 $1,927 $8,950 $834 $8,116
2016 $1,793 $8,950 $834 $8,116
2015 $2,050 $11,188 $834 $10,354
2014 $1,695 $9,136 $704 $8,432
2013 $1,662 $9,136 $704 $8,432
Source: Public Records

Map

Illinois Cook County Chicago 60649 South Shore

7742 S Colfax Ave Unit 2, Chicago, IL

This home is located at 7742 S Colfax Ave Unit 2, Chicago, IL 60649 and is currently estimated at $129,667, approximately $19 per square foot. 7742 S Colfax Ave Unit 2 is a home located in Cook County with nearby schools including Bradwell Community Arts & Sci Elementary School and Great Lakes Academy.

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.

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