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3507 South Rockwell Street

3507 South Rockwell Street, Chicago, IL 60632
Sold Dec 22, 2017
$342,000
$185,000 by Lakeside Bank
Mortgage Due Jan 01, 2048
Sold Aug 03, 1999
$140,000
$98,000 by St Paul Federal Bank For Svgs
Mortgage Due Jul 01, 2029
3507 South Rockwell Street in Chicago, IL was first built in 2000 and is 24 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3507 South Rockwell Street has 1,188 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 3,050 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 central air conditioning. As for heating, the home is utilizing a heating system. 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, 3507 South Rockwell Street sold most recently in Dec 15, 2017 for a total of $342,000. If you work out the math, that's approximately a cost of $287.88 per sqft. Before that, the property was also sold for $140,000 in Jun 10, 1999. 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 $6,582 in taxes each year. 3507 South Rockwell Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,000. If we break it down further, the land itself was valued at $7,625. Improvements to the property, however, were assessed at a total of $24,375. 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. 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.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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,050
  • Total Building Area: 1,188
  • Gross Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EVANS SUB
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOHN (EVANS) SUB OF LTS1-20 IN TOWN OF BRIGHTON IN SEC 36-39-13

Ownership

  • Current Owner : HUANG WENCHAO
  • Current Owner 2: HUANG JANE
  • Previous Owner : CHAN HAROLD K
  • Previous Owner 2: CHAN MAGGIE X
  • Owner Before Previous Owner: STATE BANK OF COUNTRYSIDE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 16-36-404-004-0000
  • Lot: 1-20
  • Meridian: SEC 36 TWN 39N RNG 13E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8299
  • Longitude: -87.6896

    Address

  • Full Address: 3507 S Rockwell St
  • Address - House Number: 3507
  • Street Direction: S
  • Address - Street Name: Rockwell
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 1003
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,582
  • Tax Rate Code Area: 76001

    Appraisal Valuation

  • Standard Deviation: 0.2331
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 412,722
  • High Value: 508,941
  • Low Value: 316,504

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,000
  • First Open Lien Mortgage Lender: LAKESIDE BANK
  • First Open Lien Mortgage Recording Date: Dec 22, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $185,000
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $76,250
  • Market Improvement Value: $243,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $7,625
  • Assessed Improvements Value: $24,375

    Sales

  • Current Sale Contract Date: Dec 15, 2017
  • Current Sale Recording Date: Dec 22, 2017
  • Current Sale Transaction ID: 11341260392
  • Current Sale Price: $342,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1735608071
  • Previous Sale Recording Date: Aug 03, 1999
  • Previous Sale Contract Date: Jun 10, 1999
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKESIDE BANK
  • First Mortgage Transaction Date: Dec 22, 2017
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ST PAUL FEDERAL BANK FOR SVGS
  • Previous Mortgage Transaction Date: Aug 03, 1999
  • Previous Mortgage Loan Amount: $98,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2029

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Frequently Asked Questions

What neighborhood is 3507 South Rockwell Street located in?
The 3507 South Rockwell Street is a house located in the neighborhood of Brighton Park in Southwest Side, Chicago.
What is the average sales price for listings in 3507 South Rockwell Street?
The average sales price for units in 3507 South Rockwell Street is $0 currently.

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