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1047 West 115th Street

1047 West 115th Street, Chicago, IL 60643
Sold Sep 28, 2021
$257,000
$252,345 by United Wholesale Mortgage
Mortgage Due Oct 01, 2051
Sold May 10, 2021
$134,500
1047 West 115th Street in Chicago, IL was first built in 2009 and is 15 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1047 West 115th Street has 1,852 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1047 West 115th Street was last sold in Sep 21, 2021 for $257,000. According to our calculations, that's $138.77 per sqft. Prior to that sales transaction, the property was sold for $134,500 in Apr 22, 2021. Current property owners are expected to pay $3,094 in taxes per year. The property on 1047 West 115th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,001. To break that down further, the land itself was valued at $1,563. While improvements to the property were assessed at a total of $13,438. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,852
  • Gross Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BARTLETTS GREATER CALUMET
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREDK H (BARTLETTS)(GREATER)(CALUMET) SUB OF CHICAGO OF PT SH SEC 20-37-14

Ownership

  • Current Owner : PHILLIPS BRANDY
  • Previous Owner : 1047 115TH LAND TRUST
  • Owner Before Previous Owner: MOLINA MIRIAM
  • Owner Before Previous Owner 2: JPMORGAN CHASE BANK NATIONAL A
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 530300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-20-402-005-0000
  • Block: 36
  • Lot: 4-10
  • Meridian: SEC 20 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6846
  • Longitude: -87.6489

    Address

  • Full Address: 1047 W 115th St
  • Address - House Number: 1047
  • Street Direction: W
  • Address - Street Name: 115th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C056
  • 4-Digit Zip Code: 4643
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,094
  • Tax Rate Code Area: 72201

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 216,869
  • High Value: 266,389
  • Low Value: 167,349

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $259,678
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $252,345
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Nov 06, 2023
  • Second Open Lien Mortgage Loan Amount: $7,333
  • Second Open Lien Mortgage Term: 334
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $150,010
  • Market Land Value: $15,630
  • Market Improvement Value: $134,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,001
  • Assessed Land Value: $1,563
  • Assessed Improvements Value: $13,438

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11857798028
  • Current Sale Price: $257,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2127128415
  • Previous Sale Recording Date: May 10, 2021
  • Previous Sale Contract Date: Apr 22, 2021
  • Previous Sale Amount: $134,500
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $252,345
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 1047 West 115th Street located in?
The 1047 West 115th Street is a house located in the neighborhood of West Pullman in Far South Chicago, Chicago.
What is the average sales price for listings in 1047 West 115th Street?
The average sales price for units in 1047 West 115th Street is $0 currently.

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