NOT LISTED FOR SALE

8123 S King Dr Unit 1C Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $47,000 - $119,000

2 Beds
2 Baths
900 Sq Ft
$330/mo HOA Fee

Last Sold May 25, 2016

Last sale price $25,001 $28 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $780/month

78 Days on Market

About This Home

As of May 2016

SPACIOUS CONDO IN WELL MAINTAINED BUILDING IN THE HEART OF CHATHAM. 2 BEDROOMS, 2 BATHS, LARGE KITCHEN WITH TABLE SPACE, HARDWOOD FLOORS, WALK IN CLOSET IN 2ND BEDROOM. GREAT BUY!

Last Agent to Sell the Property

Kirby Pearson

Pearson Realty Group License #471002409 Listed on: 02/09/2016

Pearson Realty Group

Co-Listed By

Parker Pearson

Pearson Realty Group License #475143969

Last Buyer's Agent

Parker Pearson

Pearson Realty Group License #475143969

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $422

Year Built

  • 1963

Lot Details

  • 0.31

HOA Fees

  • $330 per month

Home Design

  • Brick Exterior Construction

Home Security

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Primary Bathroom is a Full Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$422

Year Built

1963

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1963
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1963

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X8, On Level: Main Level
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Common Area Amenities: Storage
  • Assessment Includes: Heat, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 330
  • Management Contact Name: Property Manager
  • Management Phone: 111-111-1111

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20342160411003

Multi Family

  • Total Number Unitsin Building: 15
  • Number Stories: 3

Tax Info

  • Taxes: 1205.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2017
Sold by
Cheryl Condominium Assn
Bought by
Davidson James and Davidson Beverly
Current Estimated Value
$79,088

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 2, 2016
Sold by
Us Bank N A
Bought by
Cheryl Condominium Assn
Seller's Agent
Kirby Pearson
Pearson Realty Group
Buyer's Agent
Parker Pearson
Pearson Realty Group
List Price
$19,900
Sold Price
$25,001
Premium/Discount to List
$5,101
25.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%

Purchase Details

Closed on
Sep 17, 2015
Sold by
Agobonifo Joseph and Agbonifo Joseph O E
Bought by
U S Bank Na

Purchase Details

Closed on
Aug 17, 2005
Sold by
Foster James
Bought by
Agbonifo Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Davidson James $32,000 Chicago Title
Cheryl Condominium Assn $25,500 First American Title Insuran
U S Bank Na -- None Available
Agbonifo Joseph $89,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agbonifo Joseph $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $25,001 0.0% $28 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/19/2016 04/19/16 Off Market $25,001 -- --
03/09/2016 03/09/16 For Sale $19,900 0.0% $22 / Sq Ft
03/09/2016 03/09/16 Price Changed $19,900 -20.4% $22 / Sq Ft
02/11/2016 02/11/16 Off Market $25,001 -- --
02/09/2016 02/09/16 For Sale $23,000 -- $26 / 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 $422 $3,900 $669 $3,231
2023 $411 $2,000 $1,000 $1,000
2022 $411 $2,000 $1,000 $1,000
2021 $402 $1,999 $1,000 $999
2020 $1,434 $6,436 $802 $5,634
2019 $1,431 $7,122 $802 $6,320
2018 $1,758 $8,902 $802 $8,100
2017 $1,736 $8,063 $713 $7,350
2016 $1,115 $8,063 $713 $7,350
2015 $997 $8,063 $713 $7,350
2014 $1,205 $9,064 $668 $8,396
2013 $1,170 $9,064 $668 $8,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09135496

Midwest Real Estate Data (MRED)

APN: 20-34-216-041-1003