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10746 South Talman Avenue

10746 South Talman Avenue, Chicago, IL 60655
Sold Mar 25, 2019
$430,000
$406,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2051
Sold Aug 24, 2016
$150,000
$135,000 by Jordan Capital Finance Llc
Mortgage
Local assessors in Chicago, IL have categorized 10746 South Talman Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 4,826 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10746 South Talman Avenue has a total of 1,394 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10746 South Talman Avenue sold most recently in Mar 14, 2019 for a total of $430,000. If you work out the math, that's approximately a cost of $308.46 per sqft. Before that, the property was also sold for $150,000 in Aug 16, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,864 in taxes each year. 10746 South Talman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,926. If we break it down further, the land itself was valued at $4,826. Improvements to the property, however, were assessed at a total of $31,100. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 4,826
  • Total Building Area: 1,394
  • Gross Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,394
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REUTER & COS FIRST ADD TO MORGAN
  • Land Acres: 0.111
  • Standard Land Use Code: Single family residential
  • Legal Description 1: O (REUTER) & COS (FIRST) ADD TO (MORGAN) PARK MANOR S UB BLK 1 PT BLK 2 ALL BLKS 7 & 8 IN F F OVIATTS SUB OF VAC LTS 1-24 INC

Ownership

  • Current Owner : KNIBBS DANIEL
  • Current Owner 2: KNIBBS CHELSEA
  • Previous Owner : EBNER DEBORAH K
  • Owner Before Previous Owner: AYWARD THOMAS J
  • Owner Before Previous Owner 2: AYWARD JOHN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

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: 24-13-402-020-0000
  • Block: 1,2,7
  • Lot: 1-24
  • Meridian: SEC 13 TWN 37N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.6977
  • Longitude: -87.6878

    Address

  • Full Address: 10746 S Talman Ave
  • Address - House Number: 10746
  • Street Direction: S
  • Address - Street Name: Talman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 1725
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,864
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 381,619
  • High Value: 480,694
  • Low Value: 282,545

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $406,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $406,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $359,260
  • Market Land Value: $48,260
  • Market Improvement Value: $311,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,926
  • Assessed Land Value: $4,826
  • Assessed Improvements Value: $31,100

    Sales

  • Current Sale Contract Date: Mar 14, 2019
  • Current Sale Recording Date: Mar 25, 2019
  • Current Sale Transaction ID: 11592017506
  • Current Sale Price: $430,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 1908408107
  • Previous Sale Recording Date: Aug 24, 2016
  • Previous Sale Contract Date: Aug 16, 2016
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 25, 2019
  • First Mortgage Loan Amount: $408,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JORDAN CAPITAL FINANCE LLC
  • Previous Mortgage Transaction Date: Aug 24, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 10746 South Talman Avenue located in?
The 10746 South Talman 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 10746 South Talman Avenue?
The average sales price for units in 10746 South Talman Avenue is $0 currently.

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