Property Q&A in Chicago>Question Details

Joseph, Real Estate Pro in Addison, IL

This Porperty was not sold in 2000 for 110,500. It was for 205,000 and is a three unit building. Why?

Asked by Joseph, Addison, IL Wed Feb 18, 2009

Why would be it be listed here incorrectly? Where is the information obtained to put this false data on your site?

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This question is about this property: http://www.trulia.com/homes/Illinois/Chicago/sold/1136213-28…

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Answers

3
Dear Joesph,

I don't work for Trulia, but the public records on this property do indicate that there was a mortgage on it in August 2000 for $99,000 (which would jibe with a 105K purchase price), and the property was mortgaged in June 2004 for $198,100 (which would jibe with a 205K purchase price). I'd suggest checking the Cook County Recorder of Deeds the next time you think there is a discrepancy in a public record that you're researching.

Sincerely,
Christopher Thomas
Broker Associate, Sudler Sotheby's International Realty
773-418-0640 (cell)
christopher.thomas@sothebysrealty.com
http://www.mayagentchris.com
1 vote Thank Flag Link Wed Feb 18, 2009
Joseph,
Maybe they were looking at the price they mortgaged. They just didnt consider what the person was putting down. I know this may not be right, but I have seen people make mistakes like this in the past when looking at sold properties.
1 vote Thank Flag Link Wed Feb 18, 2009
Don't work for Trulia as well.

Tax record shows $110,500.00 was the sale price on August 30, 2000.

Sale price is correct.
0 votes Thank Flag Link Wed Feb 18, 2009
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