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10460 South Wood Street

10460 South Wood Street, Chicago, IL 60643
Property in East Beverly
Sold Apr 04, 2012
Transfer
$226,526 by Crown Mortgage Co
Mortgage Due Apr 01, 2042
Sold Dec 09, 2008
Transfer
$230,308 by Crown Mortgage Co
Mortgage Due Dec 01, 2038
10460 South Wood Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 10460 South Wood Street has 1,377 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,080 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,480 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $3,475 in taxes each year. 10460 South Wood Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,000. If we break it down further, the land itself was valued at $6,480. Improvements to the property, however, were assessed at a total of $16,520. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,480
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,377
  • Gross Building Area: 1,377
  • Building Area: 1,377
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,377
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ERASTUS A BARNARDS
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GOODMAN MICHAEL
  • Previous Owner : GOODMAN MICHAEL
  • Previous Owner 2: GOODMAN KATRINA
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 720700

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-18-202-037-0000
  • Block: 2,2
  • Lot: 17,16
  • Meridian: SEC 18 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.703
  • Longitude: -87.6674

    Address

  • Full Address: 10460 S Wood St
  • Address - House Number: 10460
  • Street Direction: S
  • Address - Street Name: Wood
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C031
  • 4-Digit Zip Code: 2812
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,475
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 339,116
  • High Value: 412,780
  • Low Value: 265,451

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,526
  • First Open Lien Mortgage Lender: CROWN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 04, 2012
  • First Open Lien Mortgage Loan Amount: $226,526
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $64,800
  • Market Improvement Value: $165,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $6,480
  • Assessed Improvements Value: $16,520

    Sales

  • Current Sale Contract Date: Mar 22, 2012
  • Current Sale Recording Date: Apr 04, 2012
  • Current Sale Transaction ID: 1134187983
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 1209526149
  • Previous Sale Recording Date: Dec 09, 2008
  • Previous Sale Contract Date: Nov 19, 2008
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROWN MORTGAGE CO
  • First Mortgage Transaction Date: Apr 04, 2012
  • First Mortgage Loan Amount: $226,526
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: CROWN MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 09, 2008
  • Previous Mortgage Loan Amount: $230,308
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2038

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 10460 South Wood Street located in?
The 10460 South Wood Street is a located in the neighborhood of East Beverly in Far South Chicago, Chicago.
What is the average sales price for listings in 10460 South Wood Street?
The average sales price for units in 10460 South Wood Street is $0 currently.

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