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6439 South Minerva Avenue

6439 South Minerva Avenue, Chicago, IL 60637
Property in Woodlawn
Sold Nov 14, 2005
$125,000
$515,000 by Lincolnway Community Bank
Mortgage Due Feb 01, 2051
Sold May 27, 2005
$68,000
Local assessors in Chicago, IL have categorized 6439 South Minerva Avenue as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 3,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 18 rooms in the home. Of these, 10 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 8 full bathrooms. There are also 8 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6439 South Minerva Avenue has a total of 5,184 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 6439 South Minerva Avenue sold most recently in Oct 18, 2005 for a total of $125,000. If you work out the math, that's approximately a cost of $24.11 per sqft. Before that, the property was also sold for $68,000 in May 24, 2005. 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 $10,078 in taxes each year. 6439 South Minerva Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $49,000. If we break it down further, the land itself was valued at $4,750. Improvements to the property, however, were assessed at a total of $44,250. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 10
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,800
  • Total Building Area: 5,184
  • Gross Building Area: 5,184
  • Building Area: 5,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WADSWORTHS SUB
  • Land Acres: 0.087
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (WADSWORTHS) SUB OF BLK5 IN SECOND PLAT OF WOODLAWN S UB OF E 22ACS OF NH NW SEC 23-38-14

Ownership

  • Current Owner : STANDARD BANK & TRUST
  • Current Owner 2: TRUST #18131
  • Previous Owner : MDMS INC
  • Owner Before Previous Owner: FRANKLIN BENJAMIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 834400

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-23-111-005-0000
  • Block: 5
  • Lot: 13
  • Meridian: SEC 23 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7776
  • Longitude: -87.5968

    Address

  • Full Address: 6439 S Minerva Ave
  • Address - House Number: 6439
  • Street Direction: S
  • Address - Street Name: Minerva
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 3997
  • Zip Code: 60637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,078
  • Tax Rate Code Area: 70023

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 501,116
  • High Value: 629,160
  • Low Value: 373,071

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $515,000
  • First Open Lien Mortgage Lender: LINCOLNWAY COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $515,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $47,500
  • Market Improvement Value: $442,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,000
  • Assessed Land Value: $4,750
  • Assessed Improvements Value: $44,250

    Sales

  • Current Sale Contract Date: Oct 18, 2005
  • Current Sale Recording Date: Nov 14, 2005
  • Current Sale Transaction ID: 1177531999
  • Current Sale Price: $125,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 0531842195
  • Previous Sale Recording Date: May 27, 2005
  • Previous Sale Contract Date: May 24, 2005
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 6439 South Minerva Avenue located in?
The 6439 South Minerva Avenue is a located in the neighborhood of Woodlawn in Far South Chicago, Chicago.
What is the average sales price for listings in 6439 South Minerva Avenue?
The average sales price for units in 6439 South Minerva Avenue is $0 currently.

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