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7534 South Hermitage Avenue

7534 South Hermitage Avenue, Chicago, IL 60620
Property in Gresham
Sold Jun 27, 2014
$68,000
$66,768 by Crosscountry Mortgage Inc
Mortgage Due Jul 01, 2044
Sold Feb 11, 2010
$25,000
Local assessors in Chicago, IL have categorized 7534 South Hermitage Avenue as a residential type of property. The home was built in 1931 and is 93 years old. The property's lot size has been calculated to be 3,750 square feet. The linear feet between the front and back of the lot was measured at 300 ft and the front of the lot was measured at 1,250 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 7 rooms in the home. Of these, 4 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 7534 South Hermitage Avenue has a total of 1,137 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 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 hot water heating system is the primary heating source. The property was last sold in Jun 25, 2014 for $68,000. That's $59.81 per sqft. Prior to that sales transaction, the property was also sold in Jan 20, 2010 for $25,000. 7534 South Hermitage Avenue was last assessed in 2023. The total value of the property was assessed at $12,000. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $9,000. 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 $1,765. 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. 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: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 300
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,137
  • Gross Building Area: 1,137
  • Building Area: 1,137
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,137
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENGLEFIELD SUB
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ENGLEFIELD) SUB OF SE1/4 OF SE SEC 30-38-14

Ownership

  • Current Owner : MORGAN DEBRA A
  • Previous Owner : WATKINS LESLIE
  • Owner Before Previous Owner: POWELL SHARON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710400

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-30-408-019-0000
  • Block: 6
  • Lot: 26
  • Meridian: SEC 30 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7565
  • Longitude: -87.6676

    Address

  • Full Address: 7534 S Hermitage Ave
  • Address - House Number: 7534
  • Street Direction: S
  • Address - Street Name: Hermitage
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 4456
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,765
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2673
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 197,249
  • High Value: 249,978
  • Low Value: 144,521

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $141,168
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 27, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $66,768
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2044
  • Second Open Lien Mortgage Lender: QUICKEN LOANS INC
  • Second Open Lien Mortgage Recording Date: Jul 07, 2016
  • Second Open Lien Mortgage Loan Amount: $74,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $30,000
  • Market Improvement Value: $90,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $9,000

    Sales

  • Current Sale Contract Date: Jun 25, 2014
  • Current Sale Recording Date: Jun 27, 2014
  • Current Sale Transaction ID: 1133859256
  • Current Sale Price: $68,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1417819145
  • Previous Sale Recording Date: Feb 11, 2010
  • Previous Sale Contract Date: Jan 20, 2010
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Jun 27, 2014
  • First Mortgage Loan Amount: $66,768
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 7534 South Hermitage Avenue located in?
The 7534 South Hermitage Avenue is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7534 South Hermitage Avenue?
The average sales price for units in 7534 South Hermitage Avenue is $0 currently.

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