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7629 South Dante Avenue

7629 South Dante Avenue, Chicago, IL 60619
Sold Jul 22, 2021
$70,000
$236,250 by Lima One Capital Llc
Mortgage Due May 01, 2024
Sold Jul 16, 2019
$16,000
7629 South Dante Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 7629 South Dante Avenue has 1,188 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,150 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. 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, 7629 South Dante Avenue was last sold in Jun 21, 2021 for $70,000. According to our calculations, that's $58.92 per sqft. Prior to that sales transaction, the property was sold for $16,000 in Apr 11, 2019. Current property owners are expected to pay $1,210 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 7629 South Dante Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,884. To break that down further, the land itself was valued at $3,938. While improvements to the property were assessed at a total of $1,946. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: Frame
  • Exterior Walls Type: Wood
  • 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: 3,150
  • Total Building Area: 1,188
  • Gross Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNELL SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CORNELL) SUB OF WH OF SEC26 & SE1/4 OF SEC26 EX EH O F NE1/4 OF SE1/4,NH OF NW1/4 OF SH OF NW1/4 LYING W OF ICRR & NW1/4 OF

Ownership

  • Current Owner : TAKING DA CITY OUTSIDE II LLC
  • Previous Owner : THE GRANTOR SAIF ROI LLC
  • Owner Before Previous Owner: NRZ REO VI B LLC
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 834200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-26-414-013-0000
  • Block: 67
  • Lot: 40
  • Meridian: SEC 26 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.756
  • Longitude: -87.5892

    Address

  • Full Address: 7629 S Dante Ave
  • Address - House Number: 7629
  • Street Direction: S
  • Address - Street Name: Dante
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 2719
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,210
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70017

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 307,792
  • High Value: 338,912
  • Low Value: 276,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,250
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Sep 16, 2022
  • First Open Lien Mortgage Loan Amount: $236,250
  • First Open Lien Mortgage Term: 19
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2024

    Market Valuation

  • Market Total Value: $58,840
  • Market Land Value: $39,380
  • Market Improvement Value: $19,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,884
  • Assessed Land Value: $3,938
  • Assessed Improvements Value: $1,946

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11844815728
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120325269
  • Previous Sale Recording Date: Jul 16, 2019
  • Previous Sale Contract Date: Apr 11, 2019
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TVC FUNDING II LLC
  • First Mortgage Transaction Date: Jul 22, 2021
  • First Mortgage Loan Amount: $170,649
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2022

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 7629 South Dante Avenue located in?
The 7629 South Dante Avenue is a house located in the neighborhood of Grand Crossing in Far South Chicago, Chicago.
What is the average sales price for listings in 7629 South Dante Avenue?
The average sales price for units in 7629 South Dante Avenue is $0 currently.

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