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4432 South King Drive

4432 South King Drive, Chicago, IL 60653
Sold Mar 12, 2019
$412,500
Buyer
Seller
$404,901 by Nations Reliable Lending Llc
Mortgage Due Mar 01, 2049
Sold Apr 23, 2018
$150,000
$250,000 by Mk Construction & Builders Inc
Mortgage Due Apr 11, 2019
4432 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 1999 and is 25 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4432 South King Drive has 2,160 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 3,900 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Feb 25, 2019 for $412,500. That's $190.97 per sqft. Prior to that sales transaction, the property was also sold in Feb 21, 2018 for $150,000. 4432 South King Drive was last assessed in 2023. The total value of the property was assessed at $28,000. Specifically, the land the property is located on was valued at $13,650. While improvements on the property were assessed at a total of $14,350. 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 $5,071. 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! 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,900
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUCKINGHAM LOFTS CONDO 02
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : IVEY JOI
  • Previous Owner : BANDELE KAI
  • Owner Before Previous Owner: WELLS FARGO BANK N A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 835800

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-03-311-040-0000
  • Lot: 1
  • Meridian: SEC 03 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.8138
  • Longitude: -87.6176

    Address

  • Full Address: 4432 S King Dr
  • Address - House Number: 4432
  • Street Direction: S
  • Address - Street Name: King
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 3311
  • Zip Code: 60653

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,071
  • Tax Rate Code Area: 70118

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 489,188
  • High Value: 599,716
  • Low Value: 378,661

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $525,449
  • First Open Lien Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Open Lien Mortgage Recording Date: Mar 12, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $404,901
  • 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: Mar 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 14, 2023
  • Second Open Lien Mortgage Loan Amount: $120,548
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2063

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $136,500
  • Market Improvement Value: $143,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $13,650
  • Assessed Improvements Value: $14,350

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Mar 12, 2019
  • Current Sale Transaction ID: 11589068750
  • Current Sale Price: $412,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1907106173
  • Previous Sale Recording Date: Apr 23, 2018
  • Previous Sale Contract Date: Feb 21, 2018
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Mortgage Transaction Date: Mar 12, 2019
  • First Mortgage Loan Amount: $404,901
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MK CONSTRUCTION & BUILDERS INC
  • Previous Mortgage Transaction Date: Apr 23, 2018
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 11, 2019

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Frequently Asked Questions

What neighborhood is 4432 South King Drive located in?
The 4432 South King Drive is a house located in the neighborhood of Grand Boulevard in South Side, Chicago.
What is the average sales price for listings in 4432 South King Drive?
The average sales price for units in 4432 South King Drive is $0 currently.

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