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4802 South Hermitage Avenue

4802 South Hermitage Avenue, Chicago, IL 60609
Sold Feb 21, 2017
$120,000
$117,826 by Inland Bank & Trust
Mortgage Due Mar 01, 2047
Sold Jun 01, 2016
$67,500
4802 South Hermitage Avenue in Chicago, IL was first built in 1976 and is 48 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 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4802 South Hermitage Avenue has 1,045 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 2,875 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 no garage. 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Feb 17, 2017 for $120,000. That's $114.83 per sqft. Prior to that sales transaction, the property was also sold in May 25, 2016 for $67,500. 4802 South Hermitage Avenue was last assessed in 2023. The total value of the property was assessed at $11,000. Specifically, the land the property is located on was valued at $2,300. While improvements on the property were assessed at a total of $8,700. 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 $1,568. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,875
  • Total Building Area: 1,045
  • Gross Building Area: 1,045
  • Building Area: 1,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHICAGO UNIVERSITY
  • Land Acres: 0.066
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CHICAGO)(UNIVERSITY) SUB OF SH OF NE & W3/4 OF SH OF NH OF NE & NW OF NW OF NE & SE OF NW OF NH SEC 07-38-14

Ownership

  • Current Owner : ROMAN JAIME
  • Current Owner 2: LOZANO ARRELLANO ERIKA GUADALUPE
  • Previous Owner : BOATRIGHT MONTY S
  • Owner Before Previous Owner: MORALES EPITACIO
  • Owner Before Previous Owner 2: MORALES RAQUEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 611300

Zoning

  • Zoning: B3-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-07-212-051-0000
  • Block: 18
  • Lot: 2
  • Meridian: SEC 07 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.8066
  • Longitude: -87.6689

    Address

  • Full Address: 4802 S Hermitage Ave
  • Address - House Number: 4802
  • Street Direction: S
  • Address - Street Name: Hermitage
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C030
  • 4-Digit Zip Code: 4156
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,568
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 82,781
  • High Value: 120,573
  • Low Value: 44,988

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $125,326
  • First Open Lien Mortgage Lender: INLAND BANK & TRUST
  • First Open Lien Mortgage Recording Date: Feb 21, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $117,826
  • 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, 2047
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Feb 21, 2017
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $23,000
  • Market Improvement Value: $87,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,300
  • Assessed Improvements Value: $8,700

    Sales

  • Current Sale Contract Date: Feb 17, 2017
  • Current Sale Recording Date: Feb 21, 2017
  • Current Sale Transaction ID: 1971824998
  • Current Sale Price: $120,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1705218080
  • Previous Sale Recording Date: Jun 01, 2016
  • Previous Sale Contract Date: May 25, 2016
  • Previous Sale Amount: $67,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLAND BANK & TRUST
  • First Mortgage Transaction Date: Feb 21, 2017
  • First Mortgage Loan Amount: $117,826
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southwest Side



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Frequently Asked Questions

What neighborhood is 4802 South Hermitage Avenue located in?
The 4802 South Hermitage Avenue is a located in the neighborhood of Back of the Yards in Southwest Side, Chicago.
What is the average sales price for listings in 4802 South Hermitage Avenue?
The average sales price for units in 4802 South Hermitage Avenue is $0 currently.

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