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7631 South Loomis Boulevard

7631 South Loomis Boulevard, Chicago, IL 60620
Property in Gresham
Sold Sep 06, 2017
$195,000
Buyer
Seller
$191,468 by Pacific Union Financial Llc
Mortgage Due Sep 01, 2047
Sold Sep 22, 2016
$120,000
$131,385 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2046
7631 South Loomis Boulevard in Chicago, IL was first built in 1961 and is 63 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7631 South Loomis Boulevard has 2,674 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,400 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home 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, 7631 South Loomis Boulevard was last sold in Aug 30, 2017 for $195,000. According to our calculations, that's $72.92 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Aug 25, 2016. Current property owners are expected to pay $4,439 in taxes per year. The property on 7631 South Loomis Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,000. To break that down further, the land itself was valued at $3,510. While improvements to the property were assessed at a total of $21,490. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,400
  • Total Building Area: 2,674
  • Gross Building Area: 2,674
  • Building Area: 2,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRANSFIELD & MCFARLANDS
  • Land Acres: 0.124
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (BRANSFIELD) & (MCFARLANDS) SUB OF BLK 23 OF JONES SU B OF PT EX CERTAIN TRACTS CONVEYED WH SEC 29-38-14

Ownership

  • Current Owner : CROSS CURTIS
  • Previous Owner : MOON LANCE
  • Owner Before Previous Owner: CHICAGO TITEL LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Subdivision Tract Number: S
  • Parcel: 20-29-308-001-0000
  • Block: 23
  • Lot: 20
  • Meridian: SEC 29 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.755
  • Longitude: -87.6583

    Address

  • Full Address: 7631 S Loomis Blvd
  • Address - House Number: 7631
  • Street Direction: S
  • Address - Street Name: Loomis
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 3738
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,439
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 383,184
  • High Value: 481,094
  • Low Value: 285,273

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,468
  • First Open Lien Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 06, 2017
  • First Open Lien Mortgage Loan Amount: $191,468
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $35,100
  • Market Improvement Value: $214,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $3,510
  • Assessed Improvements Value: $21,490

    Sales

  • Current Sale Contract Date: Aug 30, 2017
  • Current Sale Recording Date: Sep 06, 2017
  • Current Sale Transaction ID: 1733147934
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1724915119
  • Previous Sale Recording Date: Sep 22, 2016
  • Previous Sale Contract Date: Aug 25, 2016
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 06, 2017
  • First Mortgage Loan Amount: $191,468
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Sep 22, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $131,385
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2046

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Frequently Asked Questions

What neighborhood is 7631 South Loomis Boulevard located in?
The 7631 South Loomis Boulevard is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7631 South Loomis Boulevard?
The average sales price for units in 7631 South Loomis Boulevard is $0 currently.

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