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10701 South Fairfield Avenue

10701 South Fairfield Avenue, Chicago, IL 60655
Sold Apr 30, 2019
$255,000
$272,000 by Marquette Bank
Mortgage Due Feb 01, 2042
10701 South Fairfield Avenue in Chicago, IL was first built in 1943 and is 81 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 10701 South Fairfield Avenue has 1,558 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. In total, the area measurement of the land is 6,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 masonry 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 masonry. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 10701 South Fairfield Avenue was last sold in Apr 8, 2019 for $255,000. According to our calculations, that's $163.67 per sqft. Current property owners are expected to pay $5,483 in taxes per year. The property on 10701 South Fairfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,000. To break that down further, the land itself was valued at $6,750. While improvements to the property were assessed at a total of $23,250. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,750
  • Total Building Area: 1,558
  • Gross Building Area: 1,558
  • Building Area: 1,558
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,558
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVIATTS SUB
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MAYER KEVIN T
  • Previous Owner : TRUST NUMBER 21756
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 24-13-401-003-0000
  • Block: 3
  • Meridian: SEC 13 TWN 37N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.6987
  • Longitude: -87.6898

    Address

  • Full Address: 10701 S Fairfield Ave
  • Address - House Number: 10701
  • Street Direction: S
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 1720
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,483
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2747
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 336,059
  • High Value: 428,402
  • Low Value: 243,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,000
  • First Open Lien Mortgage Lender: MARQUETTE BANK
  • First Open Lien Mortgage Recording Date: Feb 18, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $272,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2042

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $67,500
  • Market Improvement Value: $232,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $6,750
  • Assessed Improvements Value: $23,250

    Sales

  • Current Sale Contract Date: Apr 08, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Transaction ID: 11602037683
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1912022010

    Last Sale Mortgage

  • First Mortgage Lender: MARQUETTE BANK
  • First Mortgage Transaction Date: Apr 30, 2019
  • First Mortgage Loan Amount: $247,350
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2039

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Frequently Asked Questions

What neighborhood is 10701 South Fairfield Avenue located in?
The 10701 South Fairfield Avenue is a house located in the neighborhood of West Morgan Park in Far South Chicago, Chicago.
What is the average sales price for listings in 10701 South Fairfield Avenue?
The average sales price for units in 10701 South Fairfield Avenue is $0 currently.

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