Seller's Agent in 2023
Briana Cattledge
Coldwell Banker Realty
(847) 363-2230
4 in this area
30 Total Sales
8908 S May St Chicago, IL 60620
Brainerd NeighborhoodEstimated Value: $170,000 - $210,000
4
Beds
1.5
Baths
979
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- Gated Community
- Forced Air Heating System
- Paved or Partially Paved Lot
- Wood Flooring
About This Home
As of November 2023Introducing a 4-bedroom, 1.5-bathroom single-family home located in a peaceful neighborhood that holds significant potential for savvy investors. While it requires updates, it's move-in ready for your convenience with a brand new roof installed. Additionally, the property boasts a generously-sized backyard, offering ample outdoor space for various activities or expansion possibilities. Conveniently situated with access to schools, parks, shopping centers, and major transportation routes, this property serves as a promising canvas for your investment aspirations. Whether you're envisioning your dream home or a lucrative income generator, this versatile property is ready for your creative touch.
Last Agent to Sell the Property
Coldwell Banker Realty License #475191173 Listed on: 09/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,008
Year Built
- Built in 1969
Lot Details
- 4,034 Sq Ft Lot
- Lot Dimensions are 25x125
- Wire Fence
- Paved or Partially Paved Lot
Home Design
- Tri-Level Property
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 979 Sq Ft Home
- Blinds
- Gas Dryer Hookup
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Partially Finished Basement
- Partial Basement
- Finished Basement Bathroom
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Nov 17, 2023
Sold by
Chicago Title Land Trust Co
Bought by
Velazquez Abel Garcia and Felix Yessica
Seller's Agent
Briana Cattledge
Coldwell Banker Realty
Buyer's Agent
Ricardo Mendoza
Heart of Chicago Real Estate
List Price
$140,000
Sold Price
$141,000
Premium/Discount to List
$1,000
0.71%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,975
Avg. Annual Appreciation
15.60%
Original Mortgage
$136,770
Outstanding Balance
$134,513
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$51,462
Purchase Details
Closed on
Apr 27, 2017
Sold by
Holifield Ethola
Bought by
Chicago Title Land Trust Co and Trust Number 8002361038
Purchase Details
Closed on
Aug 18, 1997
Sold by
Walker Shirley Brooks
Bought by
Tyler Sharon and Walker Shirley Brooks
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
11.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velazquez Abel Garcia | $141,000 | Chicago Title | |
| Chicago Title Land Trust Co | $65,000 | Chicago Title Land Trust Com | |
| Tyler Sharon | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velazquez Abel Garcia | $136,770 | |
| Previous Owner | Tyler Sharon | $56,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $141,000 | +0.7% | $144 / Sq Ft |
| 10/03/2023 10/03/23 | Pending | -- | -- | -- |
| 09/13/2023 09/13/23 | For Sale | $140,000 | -- | $143 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,105 | $14,000 | $3,830 | $10,170 |
| 2023 | $2,054 | $9,955 | $3,024 | $6,931 |
| 2022 | $2,054 | $9,955 | $3,024 | $6,931 |
| 2021 | $2,008 | $9,955 | $3,024 | $6,931 |
| 2020 | $2,679 | $11,998 | $3,024 | $8,974 |
| 2019 | $2,866 | $14,227 | $3,024 | $11,203 |
| 2018 | $2,817 | $14,227 | $3,024 | $11,203 |
| 2017 | $2,667 | $12,361 | $2,620 | $9,741 |
| 2016 | $2,732 | $13,610 | $2,620 | $10,990 |
| 2015 | $2,500 | $13,610 | $2,620 | $10,990 |
| 2014 | $2,480 | $13,333 | $2,419 | $10,914 |
| 2013 | $2,431 | $13,333 | $2,419 | $10,914 |
Source: Public Records
Agents Affiliated with this Home
-
Briana Cattledge
-
Ricardo Mendoza
R
Buyer's Agent in 2023
Ricardo Mendoza
Heart of Chicago Real Estate
(773) 432-5062
1 in this area
17 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11884769
APN: 25-05-217-045-0000
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