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6601 South Vernon Avenue

6601 South Vernon Avenue, Chicago, IL 60637
Sold Jun 19, 2020
$178,000
$172,660 by Bank Of America Na
Mortgage Due Jun 01, 2050
Sold Aug 21, 2017
$45,000
6601 South Vernon Avenue in Chicago, IL was first built in 1947 and is 77 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 unknown. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 6601 South Vernon Avenue has 1,286 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,053 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 air conditioning. As for heating, the home is utilizing a hot water 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, 6601 South Vernon Avenue sold most recently in May 12, 2020 for a total of $178,000. If you work out the math, that's approximately a cost of $138.41 per sqft. Before that, the property was also sold for $45,000 in Aug 7, 2017. 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 $2,468 in taxes each year. 6601 South Vernon Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,000. If we break it down further, the land itself was valued at $7,566. Improvements to the property, however, were assessed at a total of $4,434. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,053
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,286
  • Gross Building Area: 1,286
  • Building Area: 1,286
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,286
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCHESNEYS RESUB OF NH OF BLKS 1-7 IN
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (MCCHESNEYS) RESUB OF NH OF BLKS 1-7 IN MCCHESNEYS HY DE PARK HOMESTEAD OF SH SH NE SEC 22-38-14

Ownership

  • Current Owner : GAYLES NAKIA
  • Previous Owner : MICHEL MERCEDES
  • Owner Before Previous Owner: CITIBANK N A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 420700

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-22-225-047-0000
  • Block: 1-7
  • Lot: 39,40
  • Meridian: SEC 22 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7747
  • Longitude: -87.6141

    Address

  • Full Address: 6601 S Vernon Ave
  • Address - House Number: 6601
  • Street Direction: S
  • Address - Street Name: Vernon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C041
  • 4-Digit Zip Code: 3215
  • Zip Code: 60637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,468
  • Tax Rate Code Area: 70063

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 214,697
  • High Value: 269,908
  • Low Value: 159,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,660
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 19, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $172,660
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $75,660
  • Market Improvement Value: $44,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $7,566
  • Assessed Improvements Value: $4,434

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Transaction ID: 11769025196
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017121084
  • Previous Sale Recording Date: Aug 21, 2017
  • Previous Sale Contract Date: Aug 07, 2017
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 19, 2020
  • First Mortgage Loan Amount: $172,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 6601 South Vernon Avenue located in?
The 6601 South Vernon Avenue is a house located in the neighborhood of West Woodlawn in South Side, Chicago.
What is the average sales price for listings in 6601 South Vernon Avenue?
The average sales price for units in 6601 South Vernon Avenue is $0 currently.

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