NOT LISTED FOR SALE

8518 S University Ave Chicago, IL 60619

Calumet Heights Neighborhood

Estimated Value: $151,000 - $219,000

3 Beds
1 Bath
1,176 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $49,000 $42 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $1,248/month

13 Days on Market

About This Home

As of October 2014

SOLID 3 BED, 1 BATH BRICK RANCH. TENANT OCCUPIED. ***BANK OWNED REO*** SOLD AS-IS/WHERE IS. NO SURVEY/DISCLOSURES AVAILABLE. PROOF OF FUNDS REQUIRED WITH ALL OFFERS. BUYER TO VERIFY ZONING. ***THIS PROPERTY CAN BE PURCHASED SEPARATELY OR BUNDLED IN A PACKAGE FOR BULK BUYERS*** MIN 48 HR NOTICE FOR SHOWINGS

Last Agent to Sell the Property

Anthony Disano

Parkvue Realty Corporation License #471010606 Listed on: 08/07/2014

Co-Listed By

Bill Volpe

Parkvue Realty Corporation

Last Buyer's Agent

Jasmine Baynes

EXIT Strategy Realty License #475159710

EXIT Strategy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,954

Year Built

  • 1958

Lot Details

  • 5,576

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,954

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1958
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X16, On Level: Main Level
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 8X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X12, On Level: Main Level
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 1176

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 5580
  • Parcel Identification Number: 20353190160000

Tax Info

  • Taxes: 2120.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Sep 29, 2014
Sold by
Jeff Bv Commercial Llc
Bought by
Young Investment Group Llc
Seller's Agent
Anthony Disano
Parkvue Realty Corporation
Buyer's Agent
Jasmine Baynes
EXIT Strategy Realty
List Price
$49,000
Sold Price
$49,000
Current Estimated Value
$184,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,066
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Jun 17, 2014
Sold by
Lott Anthony
Bought by
Jeff Bv Commercial Llc

Purchase Details

Closed on
Jul 29, 2010
Sold by
Chicago Title Land Trust Company
Bought by
Lott Anthony V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$786,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2008
Sold by
Equicredit Corp Of America
Bought by
Chicago Title Land Trust Co and Trust #1112425

Purchase Details

Closed on
Jan 31, 2008
Sold by
Brown
Bought by
Equicredit Corp Of America and Nationscredit Financial Services Corp

Purchase Details

Closed on
Mar 3, 1995
Sold by
Brown Rufus D
Bought by
Brown Melvyne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
12.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Young Investment Group Llc $49,000 Bankers Title Agency Inc
Jeff Bv Commercial Llc -- None Available
Lott Anthony V -- Chicago Title Land Trust Co
Chicago Title Land Trust Co $68,500 Multiple
Equicredit Corp Of America -- None Available
Brown Melvyne S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lott Anthony V $786,250
Previous Owner Brown Melvyne $96,475
Previous Owner Brown Melvyne S $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $49,000 0.0% $42 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $49,000 -- $42 / 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 $2,954 $16,000 $7,996 $8,004
2023 $2,880 $14,000 $6,975 $7,025
2022 $2,880 $14,000 $6,975 $7,025
2021 $2,815 $14,000 $6,975 $7,025
2020 $2,859 $12,832 $5,022 $7,810
2019 $2,865 $14,258 $5,022 $9,236
2018 $2,816 $14,258 $5,022 $9,236
2017 $3,201 $14,872 $4,464 $10,408
2016 $2,979 $14,872 $4,464 $10,408
2015 $2,725 $14,872 $4,464 $10,408
2014 $2,164 $11,662 $3,348 $8,314
2013 $2,121 $11,662 $3,348 $8,314
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Anthony Disano

    Parkvue Realty Corporation

    (888) 998-4758

    6 in this area

    695 Total Sales

    Anthony Disano
    Section Image
  • Bill Volpe

    Seller Co-Listing Agent in 2014

    Bill Volpe

    Parkvue Realty Corporation

    (312) 493-4548

    6 in this area

    578 Total Sales

    Bill Volpe
    Section Image
  • Jasmine Baynes

    Buyer's Agent in 2014

    Jasmine Baynes

    EXIT Strategy Realty

    (708) 912-0775

    5 in this area

    122 Total Sales

    Jasmine Baynes
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08694973

Midwest Real Estate Data (MRED)

APN: 20-35-319-016-0000

Illinois Cook County Chicago 60619 Calumet Heights

8518 S University Ave, Chicago, IL

This home is located at 8518 S University Ave, Chicago, IL 60619 since 07 August 2014 and is currently estimated at $184,066, approximately $156 per square foot. This property was built in 1958. 8518 S University Ave is a home located in Cook County with nearby schools including CICS Avalon and St Ailbe Catholic School.

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