NOT LISTED FOR SALE

8848 S Parnell Ave Chicago, IL 60620

Auburn Gresham Neighborhood

Estimated Value: $186,000 - $275,000

2 Beds
1 Bath
1,140 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $31,500 $28 Per Sq Ft

Est. 628% increase in value since last sale

Current estimated payment $1,246/month

30 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Family Room
  • Laundry Room
  • Dining Room

About This Home

As of April 2016

LOVELY, BRICK BUNGALOW AND IT IS LOCATED ON A BEAUTIFUL BLOCK. THE HOME FEATURES TWO BEDROOMS, HARDWOOD FLOORS, A FULL BASEMENT, AN EXPANDABLE ATTIC AND A GARAGE. 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 SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 02/21/2016

Last Buyer's Agent

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 02/21/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1918
  • 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: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1140
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

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

  • Lot Dimensions: 4389
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2250
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2017
Sold by
New Vision Investment Group Llc
Bought by
Jones Darlene
Current Estimated Value
$229,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,775
Outstanding Balance
$151,474
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$77,700

Purchase Details

Listed on
Feb 21, 2016
Closed on
Apr 1, 2016
Sold by
Federal National Mortgage Association
Bought by
New Vision Investment Group Llc
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Gary Weglarz
Applebrook Realty Inc
List Price
$30,000
Sold Price
$31,500
Premium/Discount to List
$1,500
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.10%

Purchase Details

Closed on
Oct 29, 2015
Sold by
Walton Eddie Lee
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
Jones Darlene $178,000 None Available
New Vision Investment Group Llc $31,500 Attorneys Title Guaranty Fu
Federal National Mortgage Association -- Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Darlene $174,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2016 04/13/16 Sold $31,500 +5.0% $28 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
02/21/2016 02/21/16 For Sale $30,000 -- $26 / 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 $568 $12,000 $4,170 $7,830
2023 $532 $6,000 $3,292 $2,708
2022 $532 $6,000 $3,292 $2,708
2021 $538 $5,999 $3,291 $2,708
2020 $1,121 $8,122 $3,291 $4,831
2019 $1,798 $8,926 $3,291 $5,635
2018 $1,768 $8,926 $3,291 $5,635
2017 $2,766 $12,821 $2,852 $9,969
2016 $2,574 $12,821 $2,852 $9,969
2015 $2,355 $12,821 $2,852 $9,969
2014 $2,250 $12,094 $2,633 $9,461
2013 $2,205 $12,094 $2,633 $9,461
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Weglarz

    Applebrook Realty Inc

    (773) 779-8500

    25 in this area

    396 Total Sales

    Gary Weglarz
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09144780

Midwest Real Estate Data (MRED)

APN: 25-04-112-038-0000

Illinois Cook County Chicago 60620 Auburn Gresham

8848 S Parnell Ave, Chicago, IL

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