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12853 South Marquette Avenue

12853 South Marquette Avenue, Chicago, IL 60633
Property in Hegewisch
Sold Sep 29, 2017
$153,500
$150,689 by Bbmc Mortgage Llc
Mortgage Due Oct 01, 2047
Sold May 13, 2014
$120,000
$96,000 by Rbs Citizens Na
Mortgage Due Jun 01, 2044
Local assessors in Chicago, IL have categorized 12853 South Marquette Avenue as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 400 ft. 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 12853 South Marquette Avenue has a total of 1,032 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 3 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 air conditioning for their cooling system. The home's a 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. According to our sources, 12853 South Marquette Avenue sold most recently in Sep 7, 2017 for a total of $153,500. If you work out the math, that's approximately a cost of $148.74 per sqft. Before that, the property was also sold for $120,000 in Apr 2, 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 $3,094 in taxes each year. 12853 South Marquette Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,000. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $10,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1963
  • Effective Year Built: 1963
  • 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: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,032
  • Gross Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,032
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FORD CITY SUB NUMBER3
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FORD) (CITY) SUB (NUMBER3) SUB OF THAT PT LYING EAST OF C.W.I.RR ROW, IN SW SW SEC 30-37-15

Ownership

  • Current Owner : MARTINEZ GERARDO
  • Current Owner 2: MARTINEZ CLAUDIA D
  • Previous Owner : ESQUIVEL JORGE
  • Owner Before Previous Owner: ARTEAGA OSCAR
  • Owner Before Previous Owner 2: ARTEAGA KATHLEEN

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 550200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 26-30-318-014-0000
  • Block: 2
  • Lot: 17
  • Meridian: SEC 30 TWN 37N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.6613
  • Longitude: -87.5565

    Address

  • Full Address: 12853 S Marquette Ave
  • Address - House Number: 12853
  • Street Direction: S
  • Address - Street Name: Marquette
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 1745
  • Zip Code: 60633

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,094
  • Tax Rate Code Area: 70002

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 236,914
  • High Value: 299,714
  • Low Value: 174,113

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $158,897
  • First Open Lien Mortgage Lender: BBMC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 29, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $150,689
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 15, 2021
  • Second Open Lien Mortgage Loan Amount: $8,208
  • Second Open Lien Mortgage Term: 320
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $50,000
  • Market Improvement Value: $100,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: Sep 07, 2017
  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Transaction ID: 1736319012
  • Current Sale Price: $153,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1727208121
  • Previous Sale Recording Date: May 13, 2014
  • Previous Sale Contract Date: Apr 02, 2014
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BBMC MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 29, 2017
  • First Mortgage Loan Amount: $150,689
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RBS CITIZENS NA
  • Previous Mortgage Transaction Date: May 13, 2014
  • Previous Mortgage Loan Amount: $96,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 12853 South Marquette Avenue located in?
The 12853 South Marquette Avenue is a located in the neighborhood of Hegewisch in Far South Chicago, Chicago.
What is the average sales price for listings in 12853 South Marquette Avenue?
The average sales price for units in 12853 South Marquette Avenue is $0 currently.

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