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1344 East 71st Place

1344 East 71st Place, Chicago, IL 60619
Property in Grand Crossing
Sold Sep 28, 2017
$57,000
$42,750 by United Cu
Mortgage Due Sep 01, 2037
1344 East 71st Place in Chicago, IL was first built in 1952 and is 72 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. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1344 East 71st Place has 1,240 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. In total, the area measurement of the land is 4,095 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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. The property was last sold in Aug 31, 2017 for $57,000. That's $45.97 per sqft. 1344 East 71st Place was last assessed in 2023. The total value of the property was assessed at $7,137. Specifically, the land the property is located on was valued at $5,119. While improvements on the property were assessed at a total of $2,018. 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 $1,468. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 4,095
  • Total Building Area: 1,240
  • Gross Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN G SHORTALL TRUSTEES SUBDIVISION
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WORTHINGTON LORETTA Y
  • Current Owner 2: WORTHINGTON DAVID L
  • Previous Owner : BRYSON ANNIE M
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 430400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-26-201-030-0000
  • Meridian: SEC 26 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7653
  • Longitude: -87.5916

    Address

  • Full Address: 1344 E 71st Pl
  • Address - House Number: 1344
  • Street Direction: E
  • Address - Street Name: 71st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C012
  • 4-Digit Zip Code: 1404
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,468
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2669
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 131,500
  • High Value: 166,603
  • Low Value: 96,397

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $42,750
  • First Open Lien Mortgage Lender: UNITED CU
  • First Open Lien Mortgage Recording Date: Sep 28, 2017
  • First Open Lien Mortgage Loan Amount: $42,750
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2037

    Market Valuation

  • Market Total Value: $71,370
  • Market Land Value: $51,190
  • Market Improvement Value: $20,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,137
  • Assessed Land Value: $5,119
  • Assessed Improvements Value: $2,018

    Sales

  • Current Sale Contract Date: Aug 31, 2017
  • Current Sale Recording Date: Sep 28, 2017
  • Current Sale Transaction ID: 1736318627
  • Current Sale Price: $57,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1727108118

    Last Sale Mortgage

  • First Mortgage Lender: UNITED CU
  • First Mortgage Transaction Date: Sep 28, 2017
  • First Mortgage Loan Amount: $42,750
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2037

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Frequently Asked Questions

What neighborhood is 1344 East 71st Place located in?
The 1344 East 71st Place is a located in the neighborhood of Grand Crossing in Far South Chicago, Chicago.
What is the average sales price for listings in 1344 East 71st Place?
The average sales price for units in 1344 East 71st Place is $0 currently.

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