NOT LISTED FOR SALE

801 E 87th Place Unit 3W Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $62,000 - $96,394

2 Beds
1 Bath
800 Sq Ft
$240/mo HOA Fee

Last Sold May 12, 2014

Last sale price $14,000 $18 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $670/month

103 Days on Market

About This Home

As of May 2014

VERY GOOD INVESTMENT CONDO WITH 2 BEDS AND 1 BATH. MOVE IN READY, HARDWOOD FLRS, VERY NICE KITCHEN. THIS IS A FANNIE MAE HOMEPATH FINANCING AND RENOVATION MORTGAGE APPROVED PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 5% DOWN!

Last Agent to Sell the Property

Albert Diaz

Century 21 NuVision Real Estate License #471010575 Listed on: 11/14/2013

Century 21 NuVision Real Estate

Co-Listed By

Jose De La Torre

Century 21 NuVision Real Estate License #471013785

Last Buyer's Agent

Charlotte Miles

RE/MAX 10 License #471010237

RE/MAX 10

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $392

Lot Details

  • 7,492

HOA Fees

  • $240 per month

Home Design

  • Frame Construction

Utilities

  • Heating System Uses Gas

Property Details

Home Type

Condominium

Est. Annual Taxes

$392

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 11X18, On Level: Main Level, Windows: None
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 15X18, On Level: Main Level, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Windows: None
  • Bedroom 2: Dimensions: 13X14, On Level: Main Level, Windows: None
  • Estimated Sq Ft: 800

Exterior Features

  • Exterior Building Type: Frame

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: No Pets
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 240
  • Management Contact Name: MANAGER
  • Management Phone: 773-229-9006

Fee Information

  • Management Company: SELF MANAGED

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 25021030451003

Multi Family

  • Total Number Unitsin Building: 9
  • Number Stories: 3

Tax Info

  • Taxes: 1425.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2013
Closed on
May 7, 2014
Sold by
Fannie Mae
Bought by
Nayr Construction & Management
Seller's Agent
Albert Diaz
Century 21 NuVision Real Estate
Buyer's Agent
Charlotte Miles
RE/MAX 10
List Price
$19,000
Sold Price
$14,000
Premium/Discount to List
-$5,000
-26.32%
Current Estimated Value
$74,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,849
Avg. Annual Appreciation
15.60%

Purchase Details

Closed on
Aug 22, 2013
Sold by
Clark Frank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 28, 2006
Sold by
Luckey Richard R and Luckey Richard
Bought by
Clark Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1999
Sold by
Tate Mary and Tate Diane M
Bought by
Luckey Edith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,550
Interest Rate
7.68%
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
Nayr Construction & Management -- Central Illinois Title Co
Federal National Mortgage Association -- Attorneys Title Guaranty Fun
Clark Frank -- None Available
Luckey Edith L $42,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Frank $67,500
Previous Owner Luckey Edith L $37,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2014 05/12/14 Sold $14,000 -2.8% $18 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/22/2014 02/22/14 Price Changed $14,400 -14.8% $18 / Sq Ft
01/16/2014 01/16/14 Price Changed $16,900 -5.6% $21 / Sq Ft
12/16/2013 12/16/13 Price Changed $17,900 -5.8% $22 / Sq Ft
11/14/2013 11/14/13 For Sale $19,000 -- $24 / 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 $392 $5,325 $675 $4,650
2023 $379 $1,500 $750 $750
2022 $379 $1,500 $750 $750
2021 $373 $1,499 $749 $750
2020 $2,040 $7,569 $720 $6,849
2019 $2,042 $8,417 $720 $7,697
2018 $2,015 $8,417 $720 $7,697
2017 $2,027 $7,913 $630 $7,283
2016 $1,894 $7,913 $630 $7,283
2015 $1,753 $7,913 $630 $7,283
2014 $1,490 $6,630 $540 $6,090
2013 $1,460 $6,630 $540 $6,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08488523

Midwest Real Estate Data (MRED)

APN: 25-02-103-045-1003