NOT LISTED FOR SALE

8518 S Yates Blvd Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $229,201 - $325,000

3 Beds
2 Baths
1,241 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $53,200 $43 Per Sq Ft

Est. 418% increase in value since last sale

Current estimated payment $1,621/month

35 Days on Market

Highlights

  • Fenced Yard
  • Dry Bar
  • Central Air
  • Detached Garage
  • Property is near bus stop
  • East or West Exposure

About This Home

As of July 2014

THIS IS AN EXCEPTIONAL VALUE EITHER AS AN OCCUPANT OR AS AN INVESTOR

Last Agent to Sell the Property

Paul Ferrara

USA Real Estate Ltd. License #475155464 Listed on: 04/24/2014

Last Buyer's Agent

Donald Armsbury

Charles Rutenberg Realty of IL License #475145324

Charles Rutenberg Realty of IL

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Partially Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Dry Bar
  • Property is near bus stop

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

5,009 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1950
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Property Features: Bar-Dry
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Attic: Unfinished
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Windows: None
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 11X8, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 40X125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 20364210920000

Tax Info

  • Taxes: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2015
Sold by
Melnyk Michael and Melnyk Pamela
Bought by
Ramsey Tanya
Current Estimated Value
$275,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,369
Outstanding Balance
$148,080
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$127,470

Purchase Details

Listed on
Apr 24, 2014
Closed on
Aug 11, 2014
Sold by
Banks Brenda and Banks Thurman
Bought by
Melnyk Michael
Seller's Agent
Paul Ferrara
USA Real Estate Ltd.
Buyer's Agent
Donald Armsbury
Charles Rutenberg Realty of IL
List Price
$70,000
Sold Price
$53,200
Premium/Discount to List
-$16,800
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramsey Tanya $195,000 Fidelity National Title
Melnyk Michael $53,500 --
Melnyk Michael $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Tanya $191,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $53,200 -5.0% $43 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/20/2014 05/20/14 Price Changed $56,000 -20.0% $45 / Sq Ft
04/24/2014 04/24/14 For Sale $70,000 -- $56 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $2,254 $14,500 $3,750 $10,750
2024 $2,254 $14,500 $3,750 $10,750
2023 $2,176 $14,000 $6,250 $7,750
2022 $2,176 $14,000 $6,250 $7,750
2021 $2,146 $14,000 $6,250 $7,750
2020 $2,488 $14,272 $4,500 $9,772
2019 $2,497 $15,858 $4,500 $11,358
2018 $2,454 $15,858 $4,500 $11,358
2017 $2,541 $15,178 $4,000 $11,178
2016 $2,540 $15,178 $4,000 $11,178
2015 $2,781 $15,178 $4,000 $11,178
2014 $2,051 $13,622 $3,500 $10,122
2013 $1,999 $13,622 $3,500 $10,122
Source: Public Records

Agents Affiliated with this Home

  • Paul Ferrara

    Seller's Agent in 2014

    Paul Ferrara

    USA Real Estate Ltd.

    (630) 835-7940

    5 Total Sales

    Paul Ferrara
    Section Image

  • D

    Buyer's Agent in 2014

    Donald Armsbury

    Charles Rutenberg Realty of IL

    (708) 692-7232

    1 in this area

    3 Total Sales

    Donald Armsbury
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08594732

Midwest Real Estate Data (MRED)

APN: 20-36-421-092-0000

Illinois Cook County Chicago 60617 South Chicago

8518 S Yates Blvd, Chicago, IL

Not Listed for Sale

Detached

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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