NOT LISTED FOR SALE

7939 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $176,000 - $217,000

4 Beds
3 Baths
1,012 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $136,000 $134 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,221/month

117 Days on Market

Highlights

  • Second Kitchen
  • Detached Garage
  • Senior Tax Exemptions
  • Sun or Florida Room
  • Central Air

About This Home

As of November 2020

Nice 4 bedroom 2.5 baths brick bungalow

Last Agent to Sell the Property

Robert Wilson JR

It's Real Estate Inc License #471010888 Listed on: 04/24/2020

Last Buyer's Agent

Shauntell Lawrence

NextHome Dream Big Realty License #471021211

NextHome Dream Big Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,043

Year Built

  • 1920

Lot Details

  • 4,792

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Sun or Florida Room
  • Second Kitchen

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $6,358 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,043

Year Built

1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1920
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 11X21, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X16, On Level: Basement
  • Dining Room: Dimensions: 12X14, On Level: Main Level
  • Kitchen Type: Dimensions: 11X15, On Level: Main Level
  • Additional Rooms: 2nd Kitchen, Sun/Florida Room
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 15X11, On Level: Basement
  • Additional Room 2 Name: Sunroom, Dimensions: 17X8, On Level: Main Level
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level
  • Bedroom 3: Dimensions: 25X10, On Level: 2nd Level
  • Bedroom 4: Dimensions: 17X10, On Level: 2nd Level
  • Estimated Sq Ft: 1012
  • Family Room: Dimensions: 27X21, On Level: Basement

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1102

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X162
  • Parcel Identification Number: 20341020190000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Nov 5, 2020
Sold by
Bynum Veronica and Estate Of Augustine Garnett
Bought by
Smith Clayton Lawrence
Seller's Agent
Robert Wilson JR
It's Real Estate Inc
Buyer's Agent
Shauntell Lawrence
NextHome Dream Big Realty
List Price
$132,999
Sold Price
$136,000
Premium/Discount to List
$3,001
2.26%
Current Estimated Value
$199,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,714
Avg. Annual Appreciation
8.07%
Original Mortgage
$133,536
Outstanding Balance
$119,771
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$79,943
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Clayton Lawrence $136,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Clayton Lawrence $133,536
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $136,000 +2.3% $134 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $132,999 +2.3% $131 / Sq Ft
08/12/2020 08/12/20 Price Changed $129,995 -2.3% $128 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/02/2020 07/02/20 Price Changed $132,999 -5.0% $131 / Sq Ft
05/26/2020 05/26/20 Price Changed $139,999 -20.0% $138 / Sq Ft
04/24/2020 04/24/20 For Sale $175,000 -- $173 / 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 $2,043 $14,600 $3,600 $11,000
2023 $1,970 $13,000 $4,800 $8,200
2022 $1,970 $13,000 $4,800 $8,200
2021 $1,944 $13,000 $4,800 $8,200
2020 $2,459 $11,039 $3,840 $7,199
2019 $0 $12,131 $3,840 $8,291
2018 $0 $12,131 $3,840 $8,291
2017 $0 $13,350 $3,360 $9,990
2016 $130 $13,350 $3,360 $9,990
2015 $125 $13,350 $3,360 $9,990
2014 $124 $12,658 $2,880 $9,778
2013 $124 $12,658 $2,880 $9,778
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10698410

Midwest Real Estate Data (MRED)

APN: 20-34-102-019-0000