NOT LISTED FOR SALE

8531 S Colfax Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $83,000 - $123,198

2 Beds
1 Bath
756 Sq Ft
$143/Sq Ft Est. Value

About This Home

This home is located at 8531 S Colfax Ave, Chicago, IL 60617 and is currently estimated at $108,300, approximately $143 per square foot. 8531 S Colfax Ave is a home located in Cook County with nearby schools including Coles Elementary Language Academy, Great Lakes Academy, and Noble - Baker College Preparatory High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2005
Sold by
Robinson David L
Bought by
Patel Urmelaben
Current Estimated Value
$108,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Outstanding Balance
$44,768
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$63,532

Purchase Details

Closed on
Apr 11, 2003
Sold by
Robinson David L
Bought by
Robinson David L
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.

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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.

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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.

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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.

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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
Patel Urmelaben $95,000 First American Title
Robinson David L -- --
Robinson David L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Urmelaben $76,000
Source: Public Records

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 $1,371 $10,001 $5,000 $5,001
2023 $1,337 $6,500 $4,125 $2,375
2022 $1,337 $6,500 $4,125 $2,375
2021 $1,307 $6,500 $4,125 $2,375
2020 $1,836 $8,242 $4,125 $4,117
2019 $1,840 $9,158 $4,125 $5,033
2018 $1,809 $9,158 $4,125 $5,033
2017 $2,057 $9,556 $3,712 $5,844
2016 $1,914 $9,556 $3,712 $5,844
2015 $1,751 $9,556 $3,712 $5,844
2014 $1,503 $8,100 $2,887 $5,213
2013 $1,473 $8,100 $2,887 $5,213
Source: Public Records

Map

Illinois Cook County Chicago 60617 South Chicago

8531 S Colfax Ave, Chicago, IL

This home is located at 8531 S Colfax Ave, Chicago, IL 60617 and is currently estimated at $108,300, approximately $143 per square foot. 8531 S Colfax Ave is a home located in Cook County with nearby schools including Coles Elementary Language Academy, Great Lakes Academy, and Noble - Baker College Preparatory High School.

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.

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