NOT LISTED FOR SALE

8247 W Forest Preserve Ave Chicago, IL 60634

Belmont Terrace Neighborhood

Estimated Value: $235,000 - $305,000

2 Beds
1 Bath
700 Sq Ft
$400/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $177,000 $253 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,809/month

44 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Forced Air Heating System
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of November 2019

This charming home in a desirable neighborhood is ready for you! Fenced back yard with 2 car garage. Hardwood flooring throughout. Large full basement. Close to Public Transportation, Shopping, Schools, Parks and Expressway.

Last Agent to Sell the Property

Dustin Mayes

Z Team License #471019731 Listed on: 08/20/2019

Last Buyer's Agent

Xavier Ruiz

Kale Realty License #475111555

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,801

Year Built

  • 1949

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,801

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1949
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 700
  • Family Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Acreage: 0.0859

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 700

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3743
  • Parcel Identification Number: 12234180460000

Tax Info

  • Taxes: 4279.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Nov 11, 2019
Sold by
The Secretary Of Veterans Afiairs
Bought by
Ruiz Otto and Ruiz Jeny
Seller's Agent
Dustin Mayes
Z Team
Buyer's Agent
Xavier Ruiz
Kale Realty
List Price
$189,000
Sold Price
$177,000
Premium/Discount to List
-$12,000
-6.35%
Current Estimated Value
$280,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,028
Avg. Annual Appreciation
7.98%
Original Mortgage
$180,982
Outstanding Balance
$161,370
Interest Rate
3.75%
Mortgage Type
VA
Estimated Equity
$116,038

Purchase Details

Closed on
Apr 15, 2019
Sold by
Pinkowski Edward
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 18, 2013
Sold by
Zwengel Glenn L
Bought by
Pinkowski Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,117
Interest Rate
4.24%
Mortgage Type
VA
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
Ruiz Otto $177,000 None Available
Secretary Of Veterans Affairs -- Attorney
Pinkowski Robert F $145,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Otto $180,982
Previous Owner Pinkowski Robert F $148,117
Previous Owner Zwengel Glenn L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $177,000 -1.1% $253 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/24/2019 09/24/19 Price Changed $179,000 -5.3% $256 / Sq Ft
08/20/2019 08/20/19 For Sale $189,000 -- $270 / 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 $3,801 $21,001 $9,358 $11,643
2023 $3,705 $18,000 $7,486 $10,514
2022 $3,705 $18,000 $7,486 $10,514
2021 $3,622 $18,003 $7,489 $10,514
2020 $3,586 $16,088 $4,678 $11,410
2019 $3,594 $17,876 $4,678 $13,198
2018 $3,533 $17,876 $4,678 $13,198
2017 $4,280 $19,870 $4,117 $15,753
2016 $2,217 $19,870 $4,117 $15,753
2015 $2,131 $19,870 $4,117 $15,753
2014 $2,113 $15,783 $3,743 $12,040
2013 $2,394 $15,783 $3,743 $12,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10491378

Midwest Real Estate Data (MRED)

APN: 12-23-418-046-0000