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10941 South Hermosa Avenue

10941 South Hermosa Avenue, Chicago, IL 60643
House in Morgan Park
Sold Sep 01, 2020
$185,000
$185,000 by Loandepot.com Llc
Mortgage Due Feb 01, 2037
10941 South Hermosa Avenue 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 1910 and is 114 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 10941 South Hermosa Avenue has 1,486 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 is one available parking space. 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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 30, 2020 for $185,000. That's $124.50 per sqft. 10941 South Hermosa Avenue was last assessed in 2023. The total value of the property was assessed at $17,000. Specifically, the land the property is located on was valued at $7,500. While improvements on the property were assessed at a total of $9,500. 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 $3,507. 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. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,486
  • Gross Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON HEIGHTS SUB BY BLUE IS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CARTER ERICK
  • Previous Owner : MORGAN FREDRICK
  • Previous Owner 2: MORGAN RENEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750200

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: May 07, 2049
  • District: 72
  • Parcel: 25-18-414-009-0000
  • Block: 39
  • Lot: 31,32
  • Meridian: SEC 18 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6942
  • Longitude: -87.6646

    Address

  • Full Address: 10941 S Hermosa Ave
  • Address - House Number: 10941
  • Street Direction: S
  • Address - Street Name: Hermosa
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 3450
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,507
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 270,938
  • High Value: 340,405
  • Low Value: 201,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Feb 15, 2022
  • First Open Lien Mortgage Loan Amount: $185,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2037

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $75,000
  • Market Improvement Value: $95,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $9,500

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11785052915
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2024540047

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 10941 South Hermosa Avenue located in?
The 10941 South Hermosa Avenue is a house located in the neighborhood of Morgan Park in Far South Chicago, Chicago.
What is the average sales price for listings in 10941 South Hermosa Avenue?
The average sales price for units in 10941 South Hermosa Avenue is $0 currently.

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