NOT LISTED FOR SALE

8048 S Colfax Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $133,000 - $150,000

3 Beds
2 Baths
1,407 Sq Ft
$98/Sq Ft Est. Value

About This Home

This home is located at 8048 S Colfax Ave, Chicago, IL 60617 and is currently estimated at $138,459, approximately $98 per square foot. 8048 S Colfax Ave is a home located in Cook County with nearby schools including Bradwell Community Arts & Sci Elementary School, Great Lakes Academy, and Epic Academy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2005
Sold by
Blue Sky Investment Properties Llc
Bought by
Wayne Hummer Trust Co Na and Trust #Bev-1980
Current Estimated Value
$138,459

Purchase Details

Closed on
Jan 24, 2005
Sold by
Jarrett Arthur A
Bought by
Blue Sky Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
6.12%
Mortgage Type
Unknown
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
Wayne Hummer Trust Co Na -- Oconnor Title Services Inc
Blue Sky Investment Properties Llc $118,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed The Chicago Trust Company Na $761,371
Closed Wayne Hummer Trust Company $109,913
Previous Owner Blue Sky Investment Properties Llc $117,800
Previous Owner Jarrett Arthur A $93,000
Previous Owner Jarrett Arthur A $74,375
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 $2,110 $11,901 $1,526 $10,375
2023 $2,057 $10,000 $2,034 $7,966
2022 $2,057 $10,000 $2,034 $7,966
2021 $2,011 $10,000 $2,034 $7,966
2020 $2,710 $12,167 $2,034 $10,133
2019 $2,716 $13,519 $2,034 $11,485
2018 $2,670 $13,519 $2,034 $11,485
2017 $2,640 $12,266 $1,830 $10,436
2016 $2,457 $12,266 $1,830 $10,436
2015 $2,248 $12,266 $1,830 $10,436
2014 $1,944 $10,477 $1,423 $9,054
2013 $1,906 $10,477 $1,423 $9,054
Source: Public Records

Map

Illinois Cook County Chicago 60617 South Chicago

8048 S Colfax Ave, Chicago, IL

This home is located at 8048 S Colfax Ave, Chicago, IL 60617 and is currently estimated at $138,459, approximately $98 per square foot. 8048 S Colfax Ave is a home located in Cook County with nearby schools including Bradwell Community Arts & Sci Elementary School, Great Lakes Academy, and Epic Academy High School.

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