NOT LISTED FOR SALE

Estimated Value: $110,000 - $263,000

2 Beds
1 Bath
632 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 8318 S Colfax Ave, Chicago, IL 60617 and is currently estimated at $168,799, approximately $267 per square foot. 8318 S Colfax Ave is a home located in Cook County with nearby schools including Coles Elementary Language Academy, Great Lakes Academy, and Epic Academy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Patton Johnny L
Bought by
Patton Johnny L
Current Estimated Value
$168,799

Purchase Details

Closed on
May 24, 2004
Sold by
Carter Keith B
Bought by
Patton Johnny L and Patton Denise D Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2001
Sold by
Hud
Bought by
Carter Keith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,175
Interest Rate
6.95%

Purchase Details

Closed on
Feb 8, 2000
Sold by
Roberison
Bought by
Hud
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
Patton Johnny L -- None Listed On Document
Patton Johnny L $125,000 --
Carter Keith B -- Stewart Title
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patton Johnny L $122,400
Previous Owner Patton Johnny L $31,000
Previous Owner Patton Johnny L $125,000
Previous Owner Carter Keith B $98,500
Previous Owner Carter Keith B $25,175
Closed Carter Keith B $24,500
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 $988 $10,000 $5,000 $5,000
2023 $942 $8,000 $6,250 $1,750
2022 $942 $8,000 $6,250 $1,750
2021 $939 $8,000 $6,250 $1,750
2020 $1,144 $8,236 $6,250 $1,986
2019 $1,150 $9,152 $6,250 $2,902
2018 $1,129 $9,152 $6,250 $2,902
2017 $1,294 $9,388 $5,625 $3,763
2016 $1,380 $9,388 $5,625 $3,763
2015 $1,240 $9,388 $5,625 $3,763
2014 $969 $7,791 $4,375 $3,416
2013 $939 $7,791 $4,375 $3,416
Source: Public Records

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