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2447 West 62nd Street

2447 West 62nd Street, Chicago, IL 60629
Property in Chicago Lawn
Sold Jun 24, 2013
Transfer
$76,994 by Home Family Mtg Corp
Mortgage Due Dec 01, 2027
Sold Dec 16, 1997
$77,000
$76,994 by Home Family Mtg Corp
Mortgage Due Dec 01, 2027
Local assessors in Chicago, IL have categorized 2447 West 62nd Street as a residential type of property. The home was built in 1914 and is 110 years old. The property's lot size has been calculated to be 8,922 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 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 2447 West 62nd Street has a total of 1,976 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 detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 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 $77,000 in Nov 20, 1997. 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 $2,809 in taxes each year. 2447 West 62nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,000. If we break it down further, the land itself was valued at $7,138. Improvements to the property, however, were assessed at a total of $9,862. 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: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,922
  • Total Building Area: 1,976
  • Gross Building Area: 1,976
  • Building Area: 1,976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COBE & MCKINNONS 63RD
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (COBE) & (MCKINNONS) (63RD) STREET SUB OF NE NE SEC24 & SE SE SEC 13-38-13

Ownership

  • Current Owner : US BANK NATIONAL ASSOCIATION
  • Previous Owner : BARRAZA MARIA
  • Previous Owner 2: BARRAZA MARIA DELOURDES
  • Owner Before Previous Owner: MONDRAGON APELIO R
  • Owner Before Previous Owner 2: MONDRAGON ANTONIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 835000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-13-430-001-0000
  • Block: 7
  • Lot: 40,39
  • Meridian: SEC 13 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7809
  • Longitude: -87.6856

    Address

  • Full Address: 2447 W 62nd St
  • Address - House Number: 2447
  • Street Direction: W
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 1253
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,809
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 259,440
  • High Value: 327,542
  • Low Value: 191,338

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $116,294
  • First Open Lien Mortgage Lender: HOME FAMILY MTG CORP
  • First Open Lien Mortgage Recording Date: Dec 16, 1997
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $76,994
  • 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: Dec 01, 2027
  • Second Open Lien Mortgage Lender: GUARANTY HOME EQUITY
  • Second Open Lien Mortgage Recording Date: Jan 19, 2001
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $39,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $71,380
  • Market Improvement Value: $98,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $7,138
  • Assessed Improvements Value: $9,862

    Sales

  • Current Sale Contract Date: May 02, 2013
  • Current Sale Recording Date: Jun 24, 2013
  • Current Sale Transaction ID: 1145265504
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 1317519051
  • Previous Sale Recording Date: Dec 16, 1997
  • Previous Sale Contract Date: Nov 20, 1997
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOME FAMILY MTG CORP
  • Previous Mortgage Transaction Date: Dec 16, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $76,994
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2027

About South Side



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Frequently Asked Questions

What neighborhood is 2447 West 62nd Street located in?
The 2447 West 62nd Street is a located in the neighborhood of Chicago Lawn in South Side, Chicago.
What is the average sales price for listings in 2447 West 62nd Street?
The average sales price for units in 2447 West 62nd Street is $0 currently.

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