8940 S Racine Ave Chicago, IL 60620
Brainerd NeighborhoodEstimated 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
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
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 |
---|---|---|---|
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
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
Map
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