NOT LISTED FOR SALE

8042 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $193,000 - $229,000

3 Beds
1 Bath
1,020 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 8042 S Michigan Ave, Chicago, IL 60619 and is currently estimated at $207,933, approximately $203 per square foot. 8042 S Michigan Ave is a home located in Cook County with nearby schools including Ruggles Elementary School and Rescue Missionary Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
P & D Holdings Group Llc
Bought by
Pearce Jawaune
Current Estimated Value
$207,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,729
Outstanding Balance
$282,407
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
-$74,474

Purchase Details

Closed on
Jan 12, 2004
Sold by
State Bank Of Countryside
Bought by
Brooks Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.62%
Mortgage Type
New Conventional
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
Pearce Jawaune $291,000 First American Title
Brooks Glen $168,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearce Jawaune $285,729
Previous Owner Brooks Glen $168,000
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 $1,666 $7,151 $2,691 $4,460
2023 $1,272 $7,896 $3,588 $4,308
2022 $1,272 $7,896 $3,588 $4,308
2021 $1,253 $7,896 $3,588 $4,308
2020 $1,074 $6,372 $2,870 $3,502
2019 $1,048 $6,931 $2,870 $4,061
2018 $1,030 $6,931 $2,870 $4,061
2017 $1,177 $7,153 $2,511 $4,642
2016 $1,183 $7,153 $2,511 $4,642
2015 $1,070 $7,153 $2,511 $4,642
2014 $932 $6,306 $2,152 $4,154
2013 $908 $6,306 $2,152 $4,154
Source: Public Records

Map

Illinois Cook County Chicago 60619 Chatham

8042 S Michigan Ave, 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.

Nearby Homes