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7029 South Oakley Avenue

7029 South Oakley Avenue, Chicago, IL 60636
Property in West Englewood
Sold Jan 27, 2015
$67,000
$60,300 by Self Help Fcu
Mortgage Due Jan 01, 2045
Sold Jan 02, 2014
$17,000
7029 South Oakley 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 1928 and is 96 years old. The home has a total of 4 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, 7029 South Oakley Avenue has 983 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,125 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 no garage for those who require parking. 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. The property was last sold in Dec 2, 2014 for $67,000. That's $68.16 per sqft. Prior to that sales transaction, the property was also sold in Nov 13, 2013 for $17,000. 7029 South Oakley 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 $2,031. While improvements on the property were assessed at a total of $8,969. 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. 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! 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: 1928
  • Effective Year Built: 1928
  • 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: 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 983
  • Gross Building Area: 983
  • Building Area: 983
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 983
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENGLEWOOD ON THE HILL THIRD
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ENGLEWOOD) ON THE (HILL)(THIRD) ADD SUB IN SW SEC 19-38-14

Ownership

  • Current Owner : AVALOS ANDRES
  • Previous Owner : STELLA EQUITIES LLC
  • Owner Before Previous Owner: HOUSEHOLD FINANCE CORPORATION III
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 661000

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-19-333-012-0000
  • Lot: 233
  • Meridian: SEC 19 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7657
  • Longitude: -87.6804

    Address

  • Full Address: 7029 S Oakley Ave
  • Address - House Number: 7029
  • Street Direction: S
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C024
  • 4-Digit Zip Code: 3115
  • Zip Code: 60636

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2676
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 185,942
  • High Value: 235,706
  • Low Value: 136,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,300
  • First Open Lien Mortgage Lender: SELF HELP FCU
  • First Open Lien Mortgage Recording Date: Jan 27, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $60,300
  • 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: Jan 01, 2045

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $20,310
  • Market Improvement Value: $89,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,031
  • Assessed Improvements Value: $8,969

    Sales

  • Current Sale Contract Date: Dec 02, 2014
  • Current Sale Recording Date: Jan 27, 2015
  • Current Sale Transaction ID: 1042294306
  • Current Sale Price: $67,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1502756018
  • Previous Sale Recording Date: Jan 02, 2014
  • Previous Sale Contract Date: Nov 13, 2013
  • Previous Sale Amount: $17,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SELF HELP FCU
  • First Mortgage Transaction Date: Jan 27, 2015
  • First Mortgage Loan Amount: $60,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 7029 South Oakley Avenue located in?
The 7029 South Oakley Avenue is a located in the neighborhood of West Englewood in South Side, Chicago.
What is the average sales price for listings in 7029 South Oakley Avenue?
The average sales price for units in 7029 South Oakley Avenue is $0 currently.

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