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1905 South Tom Parkway

1905 South Tom Parkway, Chicago, IL 60616
Property in Armour Square
Sold Jun 01, 2009
$392,000
Sold Feb 27, 2002
$216,000
$215,600 by Finance America Llc
Mortgage Due Mar 01, 2032
Local assessors in Chicago, IL have categorized 1905 South Tom Parkway as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 840 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern 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 are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1905 South Tom Parkway has a total of 1,560 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 attached garage for those who need a place to park their vehicle. There are 2 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 central 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, 1905 South Tom Parkway sold most recently in May 6, 2009 for a total of $392,000. If you work out the math, that's approximately a cost of $251.28 per sqft. Before that, the property was also sold for $216,000 in Dec 20, 2001. 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 $7,318 in taxes each year. 1905 South Tom Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,000. If we break it down further, the land itself was valued at $3,696. Improvements to the property, however, were assessed at a total of $35,304. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 840
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTE FE GRD 03
  • Land Acres: 0.019
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : ZHENG TONG HUI
  • Previous Owner : SULLIVAN KAREN P
  • Owner Before Previous Owner: SUBURBAN BANK & TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 841100

Zoning

  • Zoning: PD 383

Geography

  • District: 76
  • Parcel: 17-21-435-032-0000
  • Lot: 32
  • Meridian: SEC 21 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8562
  • Longitude: -87.6341

    Address

  • Full Address: 1905 S Tom Pkwy
  • Address - House Number: 1905
  • Street Direction: S
  • Address - Street Name: Tom
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 5207
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,318
  • Tax Rate Code Area: 76002

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 528,426
  • High Value: 651,422
  • Low Value: 405,429

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $36,960
  • Market Improvement Value: $353,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $3,696
  • Assessed Improvements Value: $35,304

    Sales

  • Current Sale Contract Date: May 06, 2009
  • Current Sale Recording Date: Jun 01, 2009
  • Current Sale Transaction ID: 1088729079
  • Current Sale Price: $392,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0915233115
  • Previous Sale Recording Date: Feb 27, 2002
  • Previous Sale Contract Date: Dec 20, 2001
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JUST MORTGAGE INC
  • First Mortgage Transaction Date: Jun 01, 2009
  • First Mortgage Loan Amount: $290,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE AMERICA LLC
  • Previous Mortgage Transaction Date: Feb 27, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $215,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2032

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Frequently Asked Questions

What neighborhood is 1905 South Tom Parkway located in?
The 1905 South Tom Parkway is a located in the neighborhood of Armour Square in Southwest Side, Chicago.
What is the average sales price for listings in 1905 South Tom Parkway?
The average sales price for units in 1905 South Tom Parkway is $0 currently.

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