NOT LISTED FOR SALE

8435 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $218,421 - $339,000

3 Beds
2 Baths
2,700 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $175,000 $65 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,590/month

11 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Stainless Steel Appliances
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Detached Garage

About This Home

As of October 2019

Beautiful tri-level home. Three bedrooms one on each floor. Home is handicap accessible with a lift in the front that can be removed upon request.

Last Agent to Sell the Property

Valerie Wright

RE/MAX Premier License #475148965 Listed on: 07/29/2019

RE/MAX Premier

Last Buyer's Agent

Carolyn Barnes

Real People Realty License #471019533

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built | Renovated

  • 1953 | 2019

Lot Details

  • 4,835

Parking

  • Detached Garage
  • Side Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Electric Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks

Finished Basement

  • English Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Landscaped Professionally
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built | Renovated

1953 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Interstate Access
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1953
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances, Range Hood
  • Fireplace Details: Electric
  • Fireplace Location: Living Room
  • Basement: English
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X4, On Level: Lower, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: Lower, Flooring: Hardwood
  • Estimated Sq Ft: 2700
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 16X12, On Level: Lower, Flooring: Ceramic Tile

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Side Drive
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4830
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 20343080120000

Tax Info

  • Taxes: 542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Sep 25, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Lawrence Angela
Seller's Agent
Valerie Wright
RE/MAX Premier
Buyer's Agent
Carolyn Barnes
Real People Realty
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%
Current Estimated Value
$266,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,605
Avg. Annual Appreciation
7.15%
Original Mortgage
$171,830
Outstanding Balance
$153,182
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$113,423

Purchase Details

Closed on
May 16, 2019
Sold by
Williams Vivian
Bought by
Trust Number 8002380822 and Chicago Title Land Trust Company
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lawrence Angela $175,000 Citywide Title Corporation
Trust Number 8002380822 -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Angela $171,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2019 10/01/19 Sold $175,000 -7.4% $65 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $189,000 -- $70 / 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 $2,254 $13,855 $3,623 $10,232
2023 $2,176 $14,000 $4,830 $9,170
2022 $2,176 $14,000 $4,830 $9,170
2021 $2,815 $14,000 $4,830 $9,170
2020 $2,544 $11,419 $3,864 $7,555
2019 $2,521 $12,549 $3,864 $8,685
2018 $2,479 $12,549 $3,864 $8,685
2017 $542 $16,829 $3,381 $13,448
2016 $961 $16,829 $3,381 $13,448
2015 $924 $16,829 $3,381 $13,448
2014 $916 $13,002 $2,898 $10,104
2013 $919 $13,002 $2,898 $10,104
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10469317

Midwest Real Estate Data (MRED)

APN: 20-34-308-012-0000