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7321 West Fitch Avenue

7321 West Fitch Avenue, Chicago, IL 60631
Property in Edison Park
Sold Oct 01, 2019
$475,000
$451,250 by Blueleaf Lending Llc
Mortgage Due Oct 01, 2049
Sold Jun 28, 2017
$400,000
$380,000 by Phh Home Loans Llc
Mortgage Due Jul 01, 2047
Local assessors in Chicago, IL have categorized 7321 West Fitch Avenue as a residential type of property. The home was built in 1942 and is 82 years old. The property's lot size has been calculated to be 4,750 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 380 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 7321 West Fitch Avenue has a total of 995 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 7321 West Fitch Avenue sold most recently in Sep 21, 2019 for a total of $475,000. If you work out the math, that's approximately a cost of $477.39 per sqft. Before that, the property was also sold for $400,000 in Jun 20, 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 $5,710 in taxes each year. 7321 West Fitch Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,181. If we break it down further, the land itself was valued at $9,500. Improvements to the property, however, were assessed at a total of $21,681. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 4,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 380
  • Total Building Area: 995
  • Gross Building Area: 995
  • Building Area: 995
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 995
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD TO BROOKS PARK
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FIRST) ADD TO (BROOKS)(PARK) SUB IN NE SEC 36-41-12

Ownership

  • Current Owner : POLSON BRETT S
  • Current Owner 2: ROBERSON ANNE E
  • Previous Owner : SACHS RUSSELL
  • Owner Before Previous Owner: DICKS JEFFREY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 090200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 09-36-206-012-0000
  • Lot: 16
  • Meridian: SEC 36 TWN 41N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 42.0105
  • Longitude: -87.81

    Address

  • Full Address: 7321 W Fitch Ave
  • Address - House Number: 7321
  • Street Direction: W
  • Address - Street Name: Fitch
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 1012
  • Zip Code: 60631

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,710
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 385,529
  • High Value: 473,561
  • Low Value: 297,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,250
  • First Open Lien Mortgage Lender: BLUELEAF LENDING LLC
  • First Open Lien Mortgage Recording Date: Oct 01, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $451,250
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $311,810
  • Market Land Value: $95,000
  • Market Improvement Value: $216,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,181
  • Assessed Land Value: $9,500
  • Assessed Improvements Value: $21,681

    Sales

  • Current Sale Contract Date: Sep 21, 2019
  • Current Sale Recording Date: Oct 01, 2019
  • Current Sale Transaction ID: 11657441034
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1927422027
  • Previous Sale Recording Date: Jun 28, 2017
  • Previous Sale Contract Date: Jun 20, 2017
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUELEAF LENDING LLC
  • First Mortgage Transaction Date: Oct 01, 2019
  • First Mortgage Loan Amount: $451,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PHH HOME LOANS LLC
  • Previous Mortgage Transaction Date: Jun 28, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Northwest Side



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Frequently Asked Questions

What neighborhood is 7321 West Fitch Avenue located in?
The 7321 West Fitch Avenue is a located in the neighborhood of Edison Park in Northwest Side, Chicago.
What is the average sales price for listings in 7321 West Fitch Avenue?
The average sales price for units in 7321 West Fitch Avenue is $0 currently.

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