NOT LISTED FOR SALE

8440 S Vernon Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $139,000 - $297,000

2 Beds
2 Baths
1,233 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2016

Last sale price $80,000 $65 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,311 / mo

15 Days on Market

Highlights

  • Bonus Room
  • 2.5 Car Detached Garage
  • Laundry Room
  • Formal Dining Room
  • Living Room
  • 5-minute walk to Nat King Cole Park

About This Home

As of August 2016

Beautiful Chatham home with large living room, formal dining room, modern kitchen and much more. the home has a full finished basement with additional bedrooms and bath. The enclosed rear porch makes a perfect office space. Home has newer, roof, furnace and central air. a must see home. MULTIPLE OFFERS

Last Agent to Sell the Property

Vadie Reese

Serene Realty, Inc. License #475155216 Listed on: 07/06/2016

Last Buyer's Agent

Elijah Reese

Serene Realty, Inc. License #471019825

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $467

Year Built

  • Built in 1922

Lot Details

  • 5,040 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,233 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$467

Year Built

Built in 1922

Lot Details

5,040 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1233
  • Room Type: Bonus Room
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.1157
  • Lot Dimensions: 5040
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 466.76
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 15, 2016
Sold by
Bought by
Seller's Agent
Vadie Reese
Serene Realty, Inc.
Buyer's Agent
Elijah Reese
Serene Realty, Inc.
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$211,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,395
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Oct 3, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
10.62%

Purchase Details

Closed on
Apr 11, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,800
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,100
Interest Rate
6.95%

Purchase Details

Closed on
Nov 16, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,100
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$80,000 Attorney
$60,000 --
$82,000 --
$20,000 --
$666 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $96,300
Previous Owner $81,800
Previous Owner $48,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $80,000 0.0% $65 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $80,000 -- $65 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,043 $11,900 $3,780 $8,120
2024 $2,043 $11,900 $3,780 $8,120
2023 $1,970 $13,000 $6,300 $6,700
2022 $1,970 $13,000 $6,300 $6,700
2021 $1,944 $13,000 $6,300 $6,700
2020 $1,862 $11,461 $4,536 $6,925
2019 $1,870 $12,735 $4,536 $8,199
2018 $1,837 $12,735 $4,536 $8,199
2017 $2,165 $13,431 $4,032 $9,399
2016 $2,690 $13,431 $4,032 $9,399
2015 $1,637 $13,431 $4,032 $9,399
2014 $2,134 $11,503 $3,528 $7,975
2013 $468 $11,503 $3,528 $7,975
Source: Public Records

Agents Affiliated with this Home

  • Vadie Reese

    Seller's Agent in 2016

    Vadie Reese

    Serene Realty, Inc.

    (312) 560-0208

    5 in this area

    141 Total Sales

    Vadie Reese
    Section Image
  • Elijah Reese

    Buyer's Agent in 2016

    Elijah Reese

    Serene Realty, Inc.

    (312) 848-2947

    4 in this area

    152 Total Sales

    Elijah Reese
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09278141

Midwest Real Estate Data (MRED)

APN: 20-34-403-034-0000

Illinois Cook County Chicago 60619 Chatham

8440 S Vernon Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.