Check Availability

7620 South Calumet Avenue

7620 South Calumet Avenue, Chicago, IL 60619
Property in Chatham
Sold Dec 30, 2014
$205,000
$201,286 by Prospect Mortgage Llc
Mortgage Due Jan 01, 2045
Sold Jul 16, 2014
$55,000
Local assessors in Chicago, IL have categorized 7620 South Calumet Avenue as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 4,640 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 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, 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 are 2 full bathrooms. There are also 3 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 7620 South Calumet Avenue has a total of 1,386 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 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. 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, 7620 South Calumet Avenue sold most recently in Nov 21, 2014 for a total of $205,000. If you work out the math, that's approximately a cost of $147.91 per sqft. Before that, the property was also sold for $55,000 in Jun 25, 2014. 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 $2,382 in taxes each year. 7620 South Calumet Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,000. If we break it down further, the land itself was valued at $4,640. Improvements to the property, however, were assessed at a total of $10,360. 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. 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. 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: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 4,640
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,386
  • Gross Building Area: 1,386
  • Building Area: 1,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PITNERS SUB
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PITNERS) SUB OF PT SW SEC 27-38-14

Ownership

  • Current Owner : WALKER DIANE M
  • Previous Owner : SIEBERT GROUP 1 LLC S G SERIES 42
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 691300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-27-310-020-0000
  • Block: 11
  • Lot: 3
  • Meridian: SEC 27 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7559
  • Longitude: -87.6171

    Address

  • Full Address: 7620 S Calumet Ave
  • Address - House Number: 7620
  • Street Direction: S
  • Address - Street Name: Calumet
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C036
  • 4-Digit Zip Code: 2425
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,382
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.257
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 232,577
  • High Value: 292,362
  • Low Value: 172,793

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $208,786
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 30, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $201,286
  • 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: Jan 01, 2045
  • Second Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Dec 30, 2014
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $46,400
  • Market Improvement Value: $103,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $4,640
  • Assessed Improvements Value: $10,360

    Sales

  • Current Sale Contract Date: Nov 21, 2014
  • Current Sale Recording Date: Dec 30, 2014
  • Current Sale Transaction ID: 1145485081
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1436410080
  • Previous Sale Recording Date: Jul 16, 2014
  • Previous Sale Contract Date: Jun 25, 2014
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 30, 2014
  • First Mortgage Loan Amount: $201,286
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 8754 S Harper Avenue, Chicago, IL, 60619

$1,700 /mo

  • 3 Beds
  • 1 Bath
8754 S Harper Avenue #2, Chicago, IL, 60619 Listing by Elijah Reese
Unit for rent at 6842 S Calumet Avenue, Chicago, IL, 60637

$1,695 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
6842 S Calumet Avenue #3, Chicago, IL, 60637 Listing by Rholunda DeMar
Unit for rent at 6032 S Prairie Avenue, Chicago, IL, 60637

$1,775 /mo

  • 3 Beds
  • 1 Bath
  • 1,360 ft²
6032 S Prairie Avenue #3, Chicago, IL, 60637 Listing by Billy Mayer
Unit for rent at 1339 E 72nd Street, Chicago, IL, 60619

$1,625 /mo

  • 4 Beds
  • 2 Baths
  • 1,100 ft²
1339 E 72nd Street #2, Chicago, IL, 60619 Listing by Pablo Ayala
Unit for rent at 7715 S Maryland Avenue, Chicago, IL, 60619

$1,650 /mo

  • 2 Beds
  • 1 Bath
  • 820 ft²
7715 S Maryland Avenue, Chicago, IL, 60619 Listing by Sam Burks
Unit for rent at 6816 S Dorchester Avenue, Chicago, IL, 60637

$1,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
6816 S Dorchester Avenue #A3, Chicago, IL, 60637 Listing by Yen Lee
Unit for rent at 7710 S Ridgeland Avenue, Chicago, IL, 60649

$1,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
7710 S Ridgeland Avenue #2, Chicago, IL, 60649 Listing by Will Joel Perez

Frequently Asked Questions

What neighborhood is 7620 South Calumet Avenue located in?
The 7620 South Calumet Avenue is a located in the neighborhood of Chatham in South Side, Chicago.
What is the average sales price for listings in 7620 South Calumet Avenue?
The average sales price for units in 7620 South Calumet Avenue is $0 currently.

Quantcast