NOT LISTED FOR SALE

8434 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $169,000 - $305,000

2 Beds
2 Baths
1,374 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $77,000 $56 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,464/month

58 Days on Market

Highlights

  • Georgian Architecture
  • Property is near a bus stop
  • East or West Exposure
  • Detached Garage
  • Senior Tax Exemptions

About This Home

As of March 2017

This is a diamond in the rough! Conveniently located in Chatham. Excellent curb appeal. Close to public transportation. Home needs work but has excellent potential. Deal fell through. Back on market.

Last Agent to Sell the Property

Andrea Patton

Real People Realty License #475137953 Listed on: 05/10/2016

Real People Realty

Last Buyer's Agent

Curtis Brady

CCB Realty Group, LLC License #471018880

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,043

Year Built

  • 1936

Lot Details

  • 4,792

Parking

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

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,043

Year Built

1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1936
  • Tax Exemptions: Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level, Flooring: Vinyl, Windows: Shades
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X15, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 10X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1374
  • Family Room: Dimensions: 8X9, On Level: Main Level

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)
  • Acreage: 0.1109

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4830
  • Parcel Identification Number: 20343070320000

Tax Info

  • Taxes: 1513.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Mar 3, 2017
Sold by
Chicago Title Land Trust Co
Bought by
Gilmore Quandra and Gilmore Dorothy
Seller's Agent
Andrea Patton
Real People Realty
Buyer's Agent
Curtis Brady
CCB Realty Group, LLC
List Price
$62,500
Sold Price
$77,000
Premium/Discount to List
$14,500
23.2%
Current Estimated Value
$247,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,202
Avg. Annual Appreciation
14.42%
Original Mortgage
$108,939
Outstanding Balance
$90,836
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$156,366

Purchase Details

Closed on
Jul 21, 2015
Sold by
Hales Beulah
Bought by
Chicago Title Land Trust Company and Trust #8002368719
Source: Public Records

Range of Values:

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Average Value
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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
Gilmore Quandra $77,000 Chicago Title
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilmore Quandra $108,939
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $77,000 +23.2% $56 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $62,500 0.0% $45 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $62,500 -- $45 / 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 $2,043 $13,501 $3,623 $9,878
2023 $1,970 $13,000 $4,830 $8,170
2022 $1,970 $13,000 $4,830 $8,170
2021 $1,944 $13,000 $4,830 $8,170
2020 $1,967 $11,931 $3,864 $8,067
2019 $1,945 $13,111 $3,864 $9,247
2018 $2,590 $13,111 $3,864 $9,247
2017 $3,316 $15,403 $3,381 $12,022
2016 $3,085 $15,403 $3,381 $12,022
2015 $1,527 $15,403 $3,381 $12,022
2014 $1,514 $12,859 $2,898 $9,961
2013 $2,339 $12,859 $2,898 $9,961
Source: Public Records

Agents Affiliated with this Home

  • Andrea Patton

    Seller's Agent in 2017

    Andrea Patton

    Real People Realty

    (708) 261-4722

    Andrea Patton
    Section Image
  • Curtis Brady

    Buyer's Agent in 2017

    Curtis Brady

    CCB Realty Group, LLC

    (773) 457-9887

    20 Total Sales

    Curtis Brady
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09222335

Midwest Real Estate Data (MRED)

APN: 20-34-307-032-0000

Illinois Cook County Chicago 60619 Chatham

8434 S Michigan Ave, Chicago, IL

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