NOT LISTED FOR SALE

8022 S Exchange Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $207,000 - $255,000

4 Beds
3 Baths
2,200 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $109,000 $50 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,443/month

16 Days on Market

About This Home

As of November 2012

Pursuant to Short Sale. Buyer responsible for survey & inspection. 100% tax proration. Prop. sold "as-is" Cash deal only. Appliances not included.

Last Agent to Sell the Property

Karla Mina

MPower Residential Brokerage LLC License #471006190 Listed on: 05/17/2012

Last Buyer's Agent

Jose Campoverde

Chicagoland Brokers, Inc. License #475130449

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,743

Year Built

  • 2004

Lot Details

  • 3,006

Parking

  • Off Alley Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Combination Dining and Living Room

Finished Basement

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

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$2,743

Year Built

2004

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 8
  • Equipment: CO Detectors
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 16X15
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X15
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 10X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: Lower
  • Fourth Bedroom Size: 15X16
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 25X18
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: COMBO
  • Dining Room Flooring: Hardwood
  • Family Room Level: Lower
  • Family Room Size: 25X18
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 16X14
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Driveway: Off Alley

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2012
Closed on
Nov 21, 2012
Sold by
Torres Jayson and Ochaita Daphne Y
Bought by
Wells Terrell Mary Alice
Seller's Agent
Karla Mina
MPower Residential Brokerage LLC
Buyer's Agent
Jose Campoverde
Chicagoland Brokers, Inc.
List Price
$99,900
Sold Price
$109,000
Premium/Discount to List
$9,100
9.11%
Current Estimated Value
$231,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,528
Avg. Annual Appreciation
6.00%
Original Mortgage
$93,279
Outstanding Balance
$64,396
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$167,132

Purchase Details

Closed on
Apr 26, 2007
Sold by
Goldenvale Homes Inc
Bought by
Torres Jayson and Ochaita Daphne Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,875
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2005
Sold by
Ryan Martin and Ryan Joan
Bought by
Goldenvale Homes Inc

Purchase Details

Closed on
Apr 12, 2004
Sold by
Real Gifts Fund Llc
Bought by
Ryan Martin and Ryan Joan

Purchase Details

Closed on
Feb 17, 2004
Sold by
Lasalle Bank Na
Bought by
Real Gifts Fund Llc
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
Wells Terrell Mary Alice $109,000 Alliance Title Corporation
Torres Jayson $242,500 Cti
Goldenvale Homes Inc -- --
Ryan Martin $27,000 First American Title
Real Gifts Fund Llc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Terrell Mary Alice $93,279
Previous Owner Torres Jayson $181,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2012 11/29/12 Sold $109,000 +9.1% $50 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $99,900 -- $45 / 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 $2,743 $21,400 $2,269 $19,131
2023 $2,674 $13,000 $3,025 $9,975
2022 $2,674 $13,000 $3,025 $9,975
2021 $1,409 $13,000 $3,025 $9,975
2020 $2,303 $15,923 $3,025 $12,898
2019 $2,315 $17,693 $3,025 $14,668
2018 $2,138 $17,693 $3,025 $14,668
2017 $2,753 $23,044 $2,722 $20,322
2016 $3,136 $23,044 $2,722 $20,322
2015 $3,014 $23,044 $2,722 $20,322
2014 $2,988 $20,995 $2,117 $18,878
2013 $2,999 $20,995 $2,117 $18,878
Source: Public Records

Agents Affiliated with this Home

  • Karla Mina

    Seller's Agent in 2012

    Karla Mina

    MPower Residential Brokerage LLC

    (312) 498-8473

    1 in this area

    107 Total Sales

    Karla Mina
    Section Image
  • Jose Campoverde

    Buyer's Agent in 2012

    Jose Campoverde

    Chicagoland Brokers, Inc.

    (773) 991-7794

    32 Total Sales

    Jose Campoverde
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08069913

Midwest Real Estate Data (MRED)

APN: 21-31-210-026-0000

Illinois Cook County Chicago 60617 South Chicago

8022 S Exchange Ave, Chicago, IL

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