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12200 South Parnell Avenue

12200 South Parnell Avenue, Chicago, IL 60628
Property in West Pullman
Sold Sep 14, 2023
Transfer
$78,750 by Ecf Fund I Llc
Mortgage
Sold May 10, 2022
$105,000
$117,300 by Finance Of America Mortgage Ll
Mortgage Due Nov 01, 2023
Local assessors in Chicago, IL have categorized 12200 South Parnell Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 3,075 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12200 South Parnell Avenue has a total of 1,040 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 no garage for those who need a place to park their vehicle. 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 frame 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 wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $105,000 in Mar 18, 2022. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $516 in taxes each year. 12200 South Parnell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,500. If we break it down further, the land itself was valued at $1,230. Improvements to the property, however, were assessed at a total of $1,270. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • 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: 3,075
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST PULLMAN
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WEST)(PULLMAN) IN WH OF NE & NW NH SEC 28-37-14

Ownership

  • Current Owner : V & R PROPERTY INVESTMENTS LLC
  • Previous Owner : VILLAPRANDO VICTOR N RODRIGUEZ
  • Owner Before Previous Owner: WINDFALL INV LLC ZEPHYR-2
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 530501

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-28-128-022-0000
  • Block: 41
  • Lot: 1,2
  • Meridian: SEC 28 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6723
  • Longitude: -87.636

    Address

  • Full Address: 12200 S Parnell Ave
  • Address - House Number: 12200
  • Street Direction: S
  • Address - Street Name: Parnell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 6406
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $516
  • Tax Rate Code Area: 72197

    Appraisal Valuation

  • Standard Deviation: 0.2676
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 95,203
  • High Value: 120,681
  • Low Value: 69,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,750
  • First Open Lien Mortgage Lender: ECF FUND I LLC
  • First Open Lien Mortgage Recording Date: Sep 14, 2023
  • First Open Lien Mortgage Loan Amount: $78,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $25,000
  • Market Land Value: $12,300
  • Market Improvement Value: $12,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,500
  • Assessed Land Value: $1,230
  • Assessed Improvements Value: $1,270

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Transaction ID: 11913020537
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 25026
  • Previous Sale Recording Date: May 10, 2022
  • Previous Sale Contract Date: Mar 18, 2022
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ECF FUND I LLC
  • First Mortgage Transaction Date: Sep 14, 2023
  • First Mortgage Loan Amount: $78,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: May 10, 2022
  • Previous Mortgage Loan Amount: $117,300
  • Previous Mortgage Term: 17
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 01, 2023

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Frequently Asked Questions

What neighborhood is 12200 South Parnell Avenue located in?
The 12200 South Parnell Avenue is a located in the neighborhood of West Pullman in Far South Chicago, Chicago.
What is the average sales price for listings in 12200 South Parnell Avenue?
The average sales price for units in 12200 South Parnell Avenue is $0 currently.

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