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7618 South Hoyne Avenue

7618 South Hoyne Avenue, Chicago, IL 60620
House in Gresham
Sold May 04, 2020
$195,000
$175,500 by Self Help Fcu
Mortgage Due May 01, 2050
Sold Apr 02, 2018
$34,000
Local assessors in Chicago, IL have categorized 7618 South Hoyne Avenue as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 4,698 square feet. The linear feet between the front and back of the lot was measured at 1,410 ft and the front of the lot was measured at 350 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. 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, 2 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7618 South Hoyne Avenue has a total of 1,164 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 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. Based on our sources, 7618 South Hoyne Avenue was last sold in Mar 31, 2020 for $195,000. According to our calculations, that's $167.53 per sqft. Prior to that sales transaction, the property was sold for $34,000 in Mar 14, 2018. Current property owners are expected to pay $2,674 in taxes per year. The property on 7618 South Hoyne Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,000. To break that down further, the land itself was valued at $3,758. While improvements to the property were assessed at a total of $9,242. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,698
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,164
  • Gross Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,164
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEWEY AND VANCES SUBDIVISION
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : AGUILAR JULIO G
  • Current Owner 2: TORRES URIBE FELISA
  • Previous Owner : ABOUNEGM ALY
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

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: 20-30-304-027-0000
  • Meridian: SEC 30 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7551
  • Longitude: -87.676

    Address

  • Full Address: 7618 S Hoyne Ave
  • Address - House Number: 7618
  • Street Direction: S
  • Address - Street Name: Hoyne
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 5737
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,674
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 218,632
  • High Value: 268,555
  • Low Value: 168,710

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $180,500
  • First Open Lien Mortgage Lender: SELF HELP FCU
  • First Open Lien Mortgage Recording Date: May 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $175,500
  • 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: May 01, 2050
  • Second Open Lien Mortgage Lender: SELF HELP FCU
  • Second Open Lien Mortgage Recording Date: May 04, 2020
  • Second Open Lien Mortgage Loan Amount: $5,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2025

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $37,580
  • Market Improvement Value: $92,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $3,758
  • Assessed Improvements Value: $9,242

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11758165825
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012539182
  • Previous Sale Recording Date: Apr 02, 2018
  • Previous Sale Contract Date: Mar 14, 2018
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SELF HELP FCU
  • First Mortgage Transaction Date: May 04, 2020
  • First Mortgage Loan Amount: $175,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 7618 South Hoyne Avenue located in?
The 7618 South Hoyne Avenue is a house located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7618 South Hoyne Avenue?
The average sales price for units in 7618 South Hoyne Avenue is $0 currently.

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