NOT LISTED FOR SALE

8737 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $151,000 - $285,000

3 Beds
1 Bath
1,258 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $29,000 $23 Per Sq Ft

Est. 690% increase in value since last sale

Current estimated payment $1,358/month

27 Days on Market

Highlights

  • Living Room
  • 5-minute walk to 87Th Street Station
  • Family Room
  • Laundry Room
  • Dining Room

About This Home

As of June 2013

LOVELY 1.5 STORY NEEDS TLC, HAS THREE BEDROOMS AND A FULL BASEMENT AND MORE. IT IS LOCATED ON A BEAUTIFUL BLOCK IN GORGEOUS CHATHAM. THIS IS A REVERSE MORTGAGE FORECLOSURE. BUYER IS RESPONSIBLE FOR ANY AND ALL VILLAGE REQUIREMENTS, INSPECTIONS. PROPERTY IS BEING SOLD "AS IS". PROPERTY IS BEING SOLD SUBJECT TO 24 CFR 206.125 (SEE DOC POSTER) SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 05/01/2013

Last Buyer's Agent

Jimmy Dover

New Harvest Investments, LLC License #471009338

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,837

Year Built

  • Built in 1913

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,258 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,837

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1913
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1258
  • Room Type: No additional rooms
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • 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

  • Additional Parcels: No
  • Lot Dimensions: 4890
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 33
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2014
Sold by
Laury Vincentia
Bought by
Walton Veronica
Current Estimated Value
$229,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Outstanding Balance
$107,080
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$121,991

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 18, 2013
Sold by
Federal National Mortgage Association
Bought by
Laury Vincentia
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Jimmy Dover
New Harvest Investments, LLC
List Price
$29,000
Sold Price
$29,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%

Purchase Details

Closed on
Sep 21, 2012
Sold by
Boswell Anthony and Boswell Anthony J
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Walton Veronica $145,000 None Available
Laury Vincentia $29,000 None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Veronica $142,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $29,000 0.0% $23 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $29,000 0.0% $23 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $29,000 0.0% $23 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $29,000 -- $23 / 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 $1,837 $15,501 $3,668 $11,833
2023 $1,770 $12,000 $4,890 $7,110
2022 $1,770 $12,000 $4,890 $7,110
2021 $1,748 $12,000 $4,890 $7,110
2020 $2,449 $14,071 $3,912 $10,159
2019 $2,424 $15,463 $3,912 $11,551
2018 $2,382 $15,463 $3,912 $11,551
2017 $2,421 $14,598 $3,423 $11,175
2016 $2,429 $14,598 $3,423 $11,175
2015 $2,682 $14,598 $3,423 $11,175
2014 $2,355 $12,660 $2,934 $9,726
2013 $1,771 $9,714 $2,934 $6,780
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gary Weglarz

    Applebrook Realty Inc

    (773) 779-8500

    7 in this area

    395 Total Sales

    Gary Weglarz
    Section Image

  • J

    Buyer's Agent in 2013

    Jimmy Dover

    New Harvest Investments, LLC

    (773) 507-0241

    5 in this area

    75 Total Sales

    Jimmy Dover
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08331242

Midwest Real Estate Data (MRED)

APN: 25-03-102-020-0000

Illinois Cook County Chicago 60619 Chatham

8737 S Michigan Ave, Chicago, IL

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