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10714 South Lafayette Avenue

10714 South Lafayette Avenue, Chicago, IL 60628
House in Roseland
Sold Oct 23, 2020
$31,000
$136,500 by Civic Financial Services Llc
Mortgage Due Jun 01, 2051
Sold Apr 19, 2002
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Hud
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Nearby Listings
The property has no active listings. Please see other similar options below.
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10714 South Lafayette Avenue in Chicago, IL was first built in 1914 and is 110 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 bungalow style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 10714 South Lafayette Avenue has 1,478 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 4,038 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 is one available parking space. 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 air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Sep 8, 2020 for $31,000. That's $20.97 per sqft. 10714 South Lafayette Avenue was last assessed in 2022. The total value of the property was assessed at $3,111. Specifically, the land the property is located on was valued at $1,615. While improvements on the property were assessed at a total of $1,496. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $642. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,038
  • Total Building Area: 1,478
  • Gross Building Area: 1,478
  • Building Area: 1,478
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,478
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAVIDGES SUB
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SAVIDGES) SUB OF SH OF LT 32 & ALL OF LT 33 IN SCHOO L TRUSTEES SUB OF SEC SEC 16-37-14

Ownership

  • Current Owner : FLIP PROPERTY MANAGEMENT LLC
  • Previous Owner : KHAN ABDUL
  • Owner Before Previous Owner: NEWTON HAROLD E
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 491000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-16-405-023-0000
  • Block: 6
  • Lot: 32,33
  • Meridian: SEC 16 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6993
  • Longitude: -87.6248

    Address

  • Full Address: 10714 S Lafayette Ave
  • Address - House Number: 10714
  • Street Direction: S
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C101
  • 4-Digit Zip Code: 3427
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $642
  • Tax Rate Code Area: 72193

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 111,461
  • High Value: 136,389
  • Low Value: 86,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,500
  • First Open Lien Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $136,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $31,110
  • Market Land Value: $16,150
  • Market Improvement Value: $14,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,111
  • Assessed Land Value: $1,615
  • Assessed Improvements Value: $1,496

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11794370050
  • Current Sale Price: $31,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029707334
  • Previous Sale Recording Date: Apr 19, 2002
  • Previous Sale Contract Date: Apr 12, 2002
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: DLP LENDING FUND LLC
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $63,825
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 10714 South Lafayette Avenue located in?
The 10714 South Lafayette Avenue is a house located in the neighborhood of Roseland in Far South Chicago, Chicago.
What is the average sales price for listings in 10714 South Lafayette Avenue?
The average sales price for units in 10714 South Lafayette Avenue is $0 currently.

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