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5711 South Talman Avenue

5711 South Talman Avenue, Chicago, IL 60629
Property in Gage Park
Sold Apr 18, 2006
$235,000
$188,000 by Accredited Home Lenders Inc
Mortgage Due Apr 01, 2036
Sold Aug 20, 2003
Transfer
$149,651 by Platinum Capital Group
Mortgage Due Jul 01, 2033
5711 South Talman 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 1918 and is 106 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5711 South Talman Avenue has 966 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 4,389 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 detached 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 air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal 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, 5711 South Talman Avenue was last sold in Mar 23, 2006 for $235,000. According to our calculations, that's $243.27 per sqft. Current property owners are expected to pay $2,395 in taxes per year. The property on 5711 South Talman Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,000. To break that down further, the land itself was valued at $3,511. While improvements to the property were assessed at a total of $11,489. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • 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: 4,389
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 966
  • Gross Building Area: 966
  • Building Area: 966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COBE & MCKINNONS 63RD
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (COBE) & (MCKINNONS) (63RD) STREET SUB OF NE NE SEC24 & SE SE SEC 13-38-13

Ownership

  • Current Owner : HERNANDEZ FLORENCIO
  • Previous Owner : SOTELO LUIS
  • Previous Owner 2: BELTRAN MARIA ISABEL
  • Owner Before Previous Owner: SANCHEZ AUCENCIO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 835100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 023-106-01
  • District: 72
  • Parcel: 19-13-215-004-0000
  • Block: 16
  • Lot: 41
  • Meridian: SEC 13 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7897
  • Longitude: -87.6897

    Address

  • Full Address: 5711 S Talman Ave
  • Address - House Number: 5711
  • Street Direction: S
  • Address - Street Name: Talman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C067
  • 4-Digit Zip Code: 1035
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,395
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2376
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 232,456
  • High Value: 287,698
  • Low Value: 177,213

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,000
  • First Open Lien Mortgage Lender: ACCREDITED HOME LENDERS INC
  • First Open Lien Mortgage Recording Date: Apr 18, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $188,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $35,110
  • Market Improvement Value: $114,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $3,511
  • Assessed Improvements Value: $11,489

    Sales

  • Current Sale Contract Date: Mar 23, 2006
  • Current Sale Recording Date: Apr 18, 2006
  • Current Sale Transaction ID: 1094743953
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0610804046
  • Previous Sale Recording Date: Aug 20, 2003
  • Previous Sale Contract Date: Jun 24, 2003
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACCREDITED HOME LENDERS INC
  • First Mortgage Transaction Date: Apr 18, 2006
  • First Mortgage Loan Amount: $188,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Apr 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM CAPITAL GROUP
  • Previous Mortgage Transaction Date: Aug 20, 2003
  • Previous Mortgage Loan Amount: $149,651
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2033

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Frequently Asked Questions

What neighborhood is 5711 South Talman Avenue located in?
The 5711 South Talman Avenue is a located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5711 South Talman Avenue?
The average sales price for units in 5711 South Talman Avenue is $0 currently.

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