NOT LISTED FOR SALE

8147 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $169,000 - $268,000

3 Beds
3 Baths
1,156 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 08, 2015

Last sale price $90,000 $78 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,510/month

6 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Central Air
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Step Ranch

About This Home

As of April 2015

THIS IS A DIAMOND IN THE ROUGH; A RAISED RANCH W/ 3 BEDRMS, LOCATED IN THE HEART OF CHATHAM ON A TREE LINED STREET W/ GREAT POTENTIAL & FEATURES: LARGE LIVING ROOM/FORMAL DINING ROOM/NEWER WINDOWS, UPDATED BATHS, H-WOOD FLOORS, FULL FINISHED BASEMENT W/FULL JACUZZI BATH, BAR W/ GLASS BLOCK WINDOWS. IT IS IN NEED OF WORK & IS BEING SOLD AS IS W/ 100% TAX PRORATIONS. THIS IS A SHORT SALE SUBJECT TO LENDER'S APPROVAL

Last Agent to Sell the Property

Lynne Harris

Coldwell Banker Realty License #475127750 Listed on: 08/13/2014

Coldwell Banker Realty

Last Buyer's Agent

John Jamison

Coldwell Banker Residential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,731

Year Built

  • 1955

Lot Details

  • 4,792

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Step Ranch
  • Brick Exterior Construction

Flooring

  • Wood Flooring

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,700 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,731

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Step Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level
  • Estimated Sq Ft: 1156

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1102

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4800
  • Parcel Identification Number: 20341140070000

Tax Info

  • Taxes: 1978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Apr 6, 2015
Sold by
Williams Melissa A
Bought by
Kelly Denise I
Seller's Agent
Lynne Harris
Coldwell Banker Realty
Buyer's Agent
John Jamison
Coldwell Banker Residential
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Current Estimated Value
$226,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,007
Avg. Annual Appreciation
9.14%
Original Mortgage
$88,369
Outstanding Balance
$69,621
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$156,386

Purchase Details

Closed on
Mar 2, 1995
Sold by
Wallace Melba
Bought by
Williams Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
8.82%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 1995
Sold by
Norris Linda
Bought by
Williams Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
8.82%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 1995
Sold by
Harris John
Bought by
Williams Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
8.82%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 1995
Sold by
Winston Anthony
Bought by
Williams Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
8.82%
Mortgage Type
FHA
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
Kelly Denise I $90,000 Stewart Title
Williams Melissa A -- Intercounty Title
Williams Melissa A -- Intercounty Title
Williams Melissa A $86,000 Intercounty Title
Williams Melissa A -- Intercounty Title
Williams Melissa A -- Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Denise I $88,369
Previous Owner Williams Melissa A $86,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2015 04/08/15 Sold $90,000 +0.1% $78 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $89,900 -- $78 / 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 $3,731 $13,600 $3,600 $10,000
2023 $3,616 $21,000 $4,800 $16,200
2022 $3,616 $21,000 $4,800 $16,200
2021 $3,553 $21,000 $4,800 $16,200
2020 $1,871 $11,501 $3,840 $7,661
2019 $1,850 $12,639 $3,840 $8,799
2018 $1,818 $12,639 $3,840 $8,799
2017 $2,430 $14,662 $3,360 $11,302
2016 $2,437 $14,662 $3,360 $11,302
2015 $2,206 $14,662 $3,360 $11,302
2014 $2,032 $13,520 $2,880 $10,640
2013 $1,981 $13,520 $2,880 $10,640
Source: Public Records

Agents Affiliated with this Home

  • Lynne Harris

    Seller's Agent in 2015

    Lynne Harris

    Coldwell Banker Realty

    (773) 407-4729

    2 in this area

    22 Total Sales

    Lynne Harris
    Section Image

  • J

    Buyer's Agent in 2015

    John Jamison

    Coldwell Banker Residential

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08700726

Midwest Real Estate Data (MRED)

APN: 20-34-114-007-0000

Illinois Cook County Chicago 60619 Chatham

8147 S Michigan Ave, Chicago, IL

This home is located at 8147 S Michigan Ave, Chicago, IL 60619 since 13 August 2014 and is currently estimated at $226,007, approximately $195 per square foot. This property was built in 1955. 8147 S Michigan Ave is a home located in Cook County with nearby schools including Ruggles Elementary School and Rescue Missionary Christian School.

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