NOT LISTED FOR SALE

Estimated Value: $253,000 - $293,000

4 Beds
3 Baths
1,382 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 8940 S Racine Ave, Chicago, IL 60620 and is currently estimated at $271,782, approximately $196 per square foot. 8940 S Racine Ave is a home located in Cook County with nearby schools including Fort Dearborn Elementary School, Harlan Community Academy High School, and CICS - Longwood Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2011
Sold by
Dagan Assaf
Bought by
Franklin Cynthia M
Current Estimated Value
$271,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,298
Outstanding Balance
$99,601
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$164,471

Purchase Details

Closed on
Apr 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Dagan Assaf

Purchase Details

Closed on
Sep 24, 2009
Sold by
Ray Clarence
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 7, 2008
Sold by
Precise Locations & Development
Bought by
Ray Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2008
Sold by
The Bank Of New York
Bought by
Precise Locations & Development Inc

Purchase Details

Closed on
Apr 10, 2007
Sold by
Kelly Marva
Bought by
The Bank Of New York and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Jan 7, 2005
Sold by
Holmes Tracy J
Bought by
Kelly Marva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.83%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 30, 1996
Sold by
Davis Lashall and Roberson Darlene
Bought by
Holmes Tracey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,350
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1996
Sold by
Regina Witherspoof Brian and Regina Witherspoof
Bought by
Holmes Tracey J
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
Franklin Cynthia M $146,000 Heritage Title Company
Dagan Assaf $52,500 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Ray Clarence $265,000 Lasalle Title
Precise Locations & Development Inc $63,000 Ticor Title Insurance
The Bank Of New York -- None Available
Kelly Marva $160,000 Synergy Title
Holmes Tracey J -- Chicago Title Insurance Co
Holmes Tracey J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Cynthia M $3,692
Open Franklin Cynthia M $142,298
Previous Owner Ray Clarence $251,750
Previous Owner Kelly Marva $32,000
Previous Owner Kelly Marva $128,000
Previous Owner Holmes Tracey J $112,500
Previous Owner Holmes Tracey J $91,000
Previous Owner Holmes Tracey J $59,350
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 $2,683 $12,001 $3,563 $8,438
2023 $2,595 $16,001 $2,813 $13,188
2022 $2,595 $16,001 $2,813 $13,188
2021 $2,555 $15,999 $2,812 $13,187
2020 $2,336 $13,564 $2,812 $10,752
2019 $2,800 $17,330 $2,812 $14,518
2018 $2,752 $17,330 $2,812 $14,518
2017 $2,194 $13,545 $2,437 $11,108
2016 $2,218 $13,545 $2,437 $11,108
2015 $2,006 $13,545 $2,437 $11,108
2014 $1,960 $13,107 $2,250 $10,857
2013 $1,910 $13,107 $2,250 $10,857
Source: Public Records

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