NOT LISTED FOR SALE

8623 S Emerald Ave Chicago, IL 60620

Auburn Gresham Neighborhood

Estimated Value: $218,000 - $279,000

6 Beds
2 Baths
2,000 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 13, 2014

Last sale price $120,000 $60 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,449/month

93 Days on Market

Highlights

  • Second Kitchen
  • 3-minute walk to Gresham Station
  • Bungalow
  • Detached Garage
  • In-Law or Guest Suite
  • Forced Air Heating System

About This Home

As of August 2014

TOTALLY RENOVATED, MAINTENANCE FREE BUNGALOW WITH RELATED LIVING FEATURES 6 LARGE BEDROOMS, REMODELED KITCHENS, 2 FULL BATHS, NEWER INSULATED WINDOWS, A FULL BASEMENT, A NEWER FURNACE AND WATER HEATER, SPARKLING HARDWOOD FLOORS UNDER CARPETING AND A CONVENIENT 2 CAR GARAGE.

Last Agent to Sell the Property

James McCabe

Listed on: 03/10/2014

Last Buyer's Agent

Robert Davis

B & D Enterprise License #471000929

Home Details

Home Type

  • Single Family

Year Built

  • 1921

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Utilities

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

Additional Features

  • Second Kitchen
  • In-Law or Guest Suite
  • Basement Fills Entire Space Under The House

Home Details

Home Type

Single Family

Year Built

1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1921

Interior Features

  • Interior Property Features: In-Law Arrangement
  • Number Of Rooms: 11
  • Living Room: Dimensions: 12X17, On Level: Main Level, Flooring: Carpet
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6
  • Dining Room: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X15, On Level: Main Level, Flooring: Other
  • Additional Rooms: 2nd Kitchen, 5th Bedroom, 6th Bedroom
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 12X15, On Level: 2nd Level, Flooring: Other
  • Additional Room 2 Name: 5th Bdrm, Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Additional Room 3 Name: 6th Bdrm, Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 2000
  • Family Room: Dimensions: 12X17, On Level: 2nd Level, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1004

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 36 X 123
  • Parcel Identification Number: 20333150160000

Tax Info

  • Taxes: 2105.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jul 16, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Cornelious Mercides T
Seller's Agent
James McCabe
Buyer's Agent
Robert Davis
B & D Enterprise
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$236,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,668
Avg. Annual Appreciation
6.12%
Original Mortgage
$117,826
Outstanding Balance
$89,265
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$147,403
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cornelious Mercides T $120,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelious Mercides T $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2014 08/13/14 Sold $120,000 +0.1% $60 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $119,900 -- $60 / 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
2025 $2,532 $12,000 $4,156 $7,844
2024 $2,532 $12,000 $4,156 $7,844
2023 $2,468 $12,000 $3,281 $8,719
2022 $2,468 $12,000 $3,281 $8,719
2021 $2,413 $11,999 $3,281 $8,718
2020 $2,651 $11,900 $3,281 $8,619
2019 $2,627 $13,077 $3,281 $9,796
2018 $2,583 $13,077 $3,281 $9,796
2017 $2,592 $12,041 $2,843 $9,198
2016 $2,412 $12,041 $2,843 $9,198
2015 $2,206 $12,041 $2,843 $9,198
2014 $2,177 $11,732 $2,625 $9,107
2013 $2,134 $11,732 $2,625 $9,107
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    James McCabe

  • Robert Davis

    Buyer's Agent in 2014

    Robert Davis

    B & D Enterprise

    (773) 789-2399

    1 in this area

    30 Total Sales

    Robert Davis
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08554991

Midwest Real Estate Data (MRED)

APN: 20-33-315-016-0000

Illinois Cook County Chicago 60620 Auburn Gresham

8623 S Emerald Ave, Chicago, IL

Not Listed for Sale

Detached

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