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2522 South King Drive

2522 South King Drive, Chicago, IL 60616
Property in Douglas
Sold Jun 03, 2011
$300,000
$292,395 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2041
2522 South King Drive has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2522 South King Drive has 2,284 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 903 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in May 13, 2011 for $300,000. That's $131.35 per sqft. 2522 South King Drive was last assessed in 2023. The total value of the property was assessed at $44,000. Specifically, the land the property is located on was valued at $3,973. While improvements on the property were assessed at a total of $40,027. 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 $9,078. 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. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 903
  • Total Building Area: 2,284
  • Gross Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANTONIOS SUBDIVISION
  • Land Acres: 0.021
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : AKENJI ROBERT
  • Previous Owner : ALY MADKUAR HASSAN ALI
  • Previous Owner 2: ALY HASSAN AMAL

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 841000

Zoning

  • Zoning: PD 986

Geography

  • District: 76
  • Parcel: 17-27-129-026-0000
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8469
  • Longitude: -87.618

    Address

  • Full Address: 2522 S King Dr
  • Legal Unit: 2H
  • Address - House Number: 2522
  • Street Direction: S
  • Address - Street Name: King
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 2420
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,078
  • Tax Rate Code Area: 76080

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 659,356
  • High Value: 809,913
  • Low Value: 508,798

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $310,808
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 03, 2011
  • First Open Lien Mortgage Loan Amount: $292,395
  • 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: Jun 01, 2041
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 20, 2021
  • Second Open Lien Mortgage Loan Amount: $18,413
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2041

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $39,730
  • Market Improvement Value: $400,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,000
  • Assessed Land Value: $3,973
  • Assessed Improvements Value: $40,027

    Sales

  • Current Sale Contract Date: May 13, 2011
  • Current Sale Recording Date: Jun 03, 2011
  • Current Sale Transaction ID: 1145138560
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1115404049

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 03, 2011
  • First Mortgage Loan Amount: $292,395
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2041

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Frequently Asked Questions

What neighborhood is 2522 South King Drive located in?
The 2522 South King Drive is a located in the neighborhood of Douglas in South Side, Chicago.
What is the average sales price for listings in 2522 South King Drive?
The average sales price for units in 2522 South King Drive is $0 currently.

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