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7027 West 63rd Street

7027 West 63rd Street, Chicago, IL 60638
House in Clearing
Sold May 07, 2020
$194,000
$184,300 by Newrez Llc
Mortgage Due May 01, 2050
Sold Nov 06, 2013
Transfer
$137,851 by Usaa Fsb
Mortgage Due Nov 01, 2043
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Local assessors in Chicago, IL have categorized 7027 West 63rd Street as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 2,650 square feet. The linear feet between the front and back of the lot was measured at 1,060 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7027 West 63rd Street has a total of 1,250 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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 masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 7027 West 63rd Street was last sold in Mar 30, 2020 for $194,000. According to our calculations, that's $155.20 per sqft. Current property owners are expected to pay $4,137 in taxes per year. The property on 7027 West 63rd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,001. To break that down further, the land itself was valued at $3,313. While improvements to the property were assessed at a total of $16,688. 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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,650
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,250
  • Gross Building Area: 1,250
  • Building Area: 1,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHICAGO HLNDS/F H BARTLETTS
  • Land Acres: 0.061
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BERNAL ISAI
  • Previous Owner : BIRDSONG MATHEW JOHN
  • Previous Owner 2: AYALA ITZEL Y
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 640500

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-105-10
  • District: 72
  • Parcel: 19-19-101-014-0000
  • Block: 41
  • Lot: 11
  • Meridian: SEC 19 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7772
  • Longitude: -87.7971

    Address

  • Full Address: 7027 W 63rd St
  • Address - House Number: 7027
  • Street Direction: W
  • Address - Street Name: 63rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C037
  • 4-Digit Zip Code: 3917
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,137
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 295,637
  • High Value: 368,217
  • Low Value: 223,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,300
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: May 07, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $184,300
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $200,010
  • Market Land Value: $33,130
  • Market Improvement Value: $166,880

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,001
  • Assessed Land Value: $3,313
  • Assessed Improvements Value: $16,688

    Sales

  • Current Sale Contract Date: Mar 30, 2020
  • Current Sale Recording Date: May 07, 2020
  • Current Sale Transaction ID: 11758816301
  • Current Sale Price: $194,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012807321
  • Previous Sale Recording Date: Nov 06, 2013
  • Previous Sale Contract Date: Oct 15, 2013
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: May 07, 2020
  • First Mortgage Loan Amount: $184,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Nov 06, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $137,851
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About Southwest Side



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Frequently Asked Questions

What neighborhood is 7027 West 63rd Street located in?
The 7027 West 63rd Street is a house located in the neighborhood of Clearing in Southwest Side, Chicago.
What is the average sales price for listings in 7027 West 63rd Street?
The average sales price for units in 7027 West 63rd Street is $0 currently.

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