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7314 West 112th Place

7314 West 112th Place, Worth, IL 60482
Property in Palos
Sold Feb 03, 2022
Transfer
Sold Feb 01, 2013
$157,000
$125,520 by American Financial Funding Cor
Mortgage Due Feb 01, 2028
Local assessors in Worth, IL have categorized 7314 West 112th Place as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 6,250 square feet. 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 4 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 is also a partial bathroom. 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 7314 West 112th Place has a total of 1,180 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. 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 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 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. Prior to that sales transaction, the property was sold for $157,000 in Dec 4, 2012. Current property owners are expected to pay $4,694 in taxes per year. The property on 7314 West 112th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,000. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $15,000. 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. 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. 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.

Building Features

Exterior

Aluminum Siding
Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,180
  • Gross Building Area: 1,180
  • Building Area: 1,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUNAS HARLEM
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARTHUR (DUNAS)(HARLEM) AVE ADD SUB IN NE SEC 24-37-12

Ownership

  • Current Owner : ALMASHNI ABDULLA
  • Previous Owner : MORRA ABDALLATIF
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 823806

Geography

  • District: 30
  • Parcel: 23-24-205-006-0000
  • Lot: 70
  • Meridian: SEC 24 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.6874
  • Longitude: -87.8005

    Address

  • Full Address: 7314 W 112th Pl
  • Address - House Number: 7314
  • Street Direction: W
  • Address - Street Name: 112th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Worth
  • Carrier Code: C003
  • 4-Digit Zip Code: 1708
  • Zip Code: 60482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,694
  • Tax Rate Code Area: 30012

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 279,026
  • High Value: 342,739
  • Low Value: 215,313

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $50,000
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Jan 19, 2022
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Transaction ID: 11887640872
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2203407015
  • Previous Sale Recording Date: Feb 01, 2013
  • Previous Sale Contract Date: Dec 04, 2012
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL FUNDING COR
  • Previous Mortgage Transaction Date: Feb 01, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $125,520
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2028

About Worth



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Frequently Asked Questions

What neighborhood is 7314 West 112th Place located in?
The 7314 West 112th Place is a located in the neighborhood of Palos in Worth, Worth.
What is the average sales price for listings in 7314 West 112th Place?
The average sales price for units in 7314 West 112th Place is $0 currently.

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