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7254 South Spaulding Avenue

7254 South Spaulding Avenue, Chicago, IL 60629
Property in Marquette Park
Sold Aug 23, 2018
$210,000
$189,000 by United Fidelity Funding Corp
Mortgage Due Sep 01, 2048
Sold Aug 14, 2017
$75,000
Buyer
Seller
7254 South Spaulding Avenue in Chicago, IL was first built in 1954 and is 70 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 style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7254 South Spaulding Avenue has 970 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 300 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 3,780 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 central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7254 South Spaulding Avenue sold most recently in Aug 20, 2018 for a total of $210,000. If you work out the math, that's approximately a cost of $216.49 per sqft. Before that, the property was also sold for $75,000 in Jul 31, 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 $3,516 in taxes each year. 7254 South Spaulding Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,000. If we break it down further, the land itself was valued at $3,024. Improvements to the property, however, were assessed at a total of $13,976. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1954
  • Effective Year Built: 1954
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,780
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 970
  • Gross Building Area: 970
  • Building Area: 970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 970
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MULHOLLANDS MARLAWN
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANK A (MULHOLLANDS)(MARLAWN) SUB OF NE NE SEC 26-38-13

Ownership

  • Current Owner : RAMIREZ ALMA
  • Previous Owner : CRUZ JOSE L
  • Previous Owner 2: GARCIA CRUZ VIRGINIA
  • Owner Before Previous Owner: U S BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 661100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-26-213-039-0000
  • Block: 6
  • Lot: 19
  • Meridian: SEC 26 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7609
  • Longitude: -87.7054

    Address

  • Full Address: 7254 S Spaulding Ave
  • Address - House Number: 7254
  • Street Direction: S
  • Address - Street Name: Spaulding
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C058
  • 4-Digit Zip Code: 3542
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,516
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2458
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 268,122
  • High Value: 334,040
  • Low Value: 202,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,000
  • First Open Lien Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Open Lien Mortgage Recording Date: Aug 23, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $189,000
  • 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: Sep 01, 2048

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $30,240
  • Market Improvement Value: $139,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,024
  • Assessed Improvements Value: $13,976

    Sales

  • Current Sale Contract Date: Aug 20, 2018
  • Current Sale Recording Date: Aug 23, 2018
  • Current Sale Transaction ID: 11499754212
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1823545025
  • Previous Sale Recording Date: Aug 14, 2017
  • Previous Sale Contract Date: Jul 31, 2017
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Mortgage Transaction Date: Aug 23, 2018
  • First Mortgage Loan Amount: $189,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 7254 South Spaulding Avenue located in?
The 7254 South Spaulding Avenue is a located in the neighborhood of Marquette Park in South Side, Chicago.
What is the average sales price for listings in 7254 South Spaulding Avenue?
The average sales price for units in 7254 South Spaulding Avenue is $0 currently.

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