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3307 South Damen Avenue

3307 South Damen Avenue, Chicago, IL 60608
Sold Oct 04, 2023
$248,000
$198,000 by International Bank Of Chicago
Mortgage Due Nov 01, 2053
Sold Apr 09, 2019
$230,000
$135,000 by Pacific Global Bank
Mortgage Due Apr 01, 2039
3307 South Damen Avenue 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 1890 and is 134 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3307 South Damen Avenue has 1,071 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 no garage for those who require parking. 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 air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3307 South Damen Avenue was last sold in Sep 22, 2023 for $248,000. According to our calculations, that's $231.56 per sqft. Prior to that sales transaction, the property was sold for $230,000 in Mar 11, 2019. Current property owners are expected to pay $3,291 in taxes per year. The property on 3307 South Damen Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,001. To break that down further, the land itself was valued at $7,813. While improvements to the property were assessed at a total of $8,188. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,071
  • Gross Building Area: 1,071
  • Building Area: 1,071
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,071
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEAVERNS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF LT 44 IN GEO A SEAVERNS SUB OF BLK 1 5 IN CANAL TRUSTEES SUB OF EH SEC 31-39-14

Ownership

  • Current Owner : LIN LING
  • Current Owner 2: LEN YAO
  • Previous Owner : CHEUNG TAT LLC
  • Owner Before Previous Owner: SANCHEZ JESSICA
  • Owner Before Previous Owner 2: CHAVEZ MANUEL ARTURO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-31-216-003-0000
  • Block: 1,5
  • Lot: 44
  • Meridian: SEC 31 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8338
  • Longitude: -87.675

    Address

  • Full Address: 3307 S Damen Ave
  • Address - House Number: 3307
  • Street Direction: S
  • Address - Street Name: Damen
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C060
  • 4-Digit Zip Code: 6110
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,291
  • Tax Rate Code Area: 76008

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 269,427
  • High Value: 392,430
  • Low Value: 146,423

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: INTERNATIONAL BANK OF CHICAGO
  • First Open Lien Mortgage Recording Date: Oct 04, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $198,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $160,010
  • Market Land Value: $78,130
  • Market Improvement Value: $81,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,001
  • Assessed Land Value: $7,813
  • Assessed Improvements Value: $8,188

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Transaction ID: 11914012098
  • Current Sale Price: $248,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33393
  • Previous Sale Recording Date: Apr 09, 2019
  • Previous Sale Contract Date: Mar 11, 2019
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERNATIONAL BANK OF CHICAGO
  • First Mortgage Transaction Date: Oct 04, 2023
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC GLOBAL BANK
  • Previous Mortgage Transaction Date: Apr 09, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2039

About Southwest Side



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Nearby Rentals

Unit for rent at

$2,145 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
Listing by Karen Biazar
Unit for rent at

$1,950 /mo

  • 2 Beds
  • 1 Bath
Listing by Oscar Campos
Unit for rent at

$1,895 /mo

  • 2 Beds
  • 1.5 Baths
  • 950 ft²
Listing by Vincenza LoBello
Unit for rent at

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
Listing by Kara Boeldt

Frequently Asked Questions

What neighborhood is 3307 South Damen Avenue located in?
The 3307 South Damen Avenue is a house located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 3307 South Damen Avenue?
The average sales price for units in 3307 South Damen Avenue is $244,900 , or $229/sqft. currently.

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