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11449 South Homan Avenue

11449 South Homan Avenue, Chicago, IL 60655
Sold Oct 21, 2020
$218,000
$211,460 by Cme Lending Group Llc
Mortgage Due Sep 01, 2050
Sold Jun 04, 2014
$148,000
$118,400 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2044
11449 South Homan Avenue in Chicago, IL was first built in 1951 and is 73 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 style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 11449 South Homan Avenue has 762 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 400 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 5,187 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. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. 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 air conditioning. As for heating, the home is utilizing a heating system. 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, 11449 South Homan Avenue sold most recently in Aug 17, 2020 for a total of $218,000. If you work out the math, that's approximately a cost of $286.09 per sqft. Before that, the property was also sold for $148,000 in Mar 26, 2014. 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 $3,920 in taxes each year. 11449 South Homan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,000. If we break it down further, the land itself was valued at $5,187. Improvements to the property, however, were assessed at a total of $13,813. 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. 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!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,187
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 762
  • Gross Building Area: 762
  • Building Area: 762
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 762
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: YOUNGS SECOND ADD
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF LTS7-9 EX E175FT THEREOF IN BLK5 I N ROBERTSON & YOUNGS SECOND ADD TO MORGAN PARK SUB PT S100ACS IN NE SEC

Ownership

  • Current Owner : SHOMODY ELIZABETH A
  • Previous Owner : OCONNELL JEFFREY
  • Previous Owner 2: COLLINS ANNE
  • Owner Before Previous Owner: BADKE GEORGE
  • Owner Before Previous Owner 2: BADKE SANDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 740400

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 24-23-215-045-0000
  • Block: 5,I
  • Lot: 7-9
  • Meridian: SEC 23 TWN 37N RNG 01E
  • Municipality: LAKE
  • Latitude: 41.6852
  • Longitude: -87.7052

    Address

  • Full Address: 11449 S Homan Ave
  • Address - House Number: 11449
  • Street Direction: S
  • Address - Street Name: Homan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C007
  • 4-Digit Zip Code: 3509
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,920
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 276,399
  • High Value: 345,392
  • Low Value: 207,406

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,460
  • First Open Lien Mortgage Lender: CME LENDING GROUP LLC
  • First Open Lien Mortgage Recording Date: Oct 21, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $211,460
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $51,870
  • Market Improvement Value: $138,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $5,187
  • Assessed Improvements Value: $13,813

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Transaction ID: 11793808368
  • Current Sale Price: $218,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029520302
  • Previous Sale Recording Date: Jun 04, 2014
  • Previous Sale Contract Date: Mar 26, 2014
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CME LENDING GROUP LLC
  • First Mortgage Transaction Date: Oct 21, 2020
  • First Mortgage Loan Amount: $211,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jun 04, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $118,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2044

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Frequently Asked Questions

What neighborhood is 11449 South Homan Avenue located in?
The 11449 South Homan Avenue is a house located in the neighborhood of Mount Greenwood in Far South Chicago, Chicago.
What is the average sales price for listings in 11449 South Homan Avenue?
The average sales price for units in 11449 South Homan Avenue is $0 currently.

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