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7734 South Laflin Street

7734 South Laflin Street, Chicago, IL 60620
Property in Gresham
Sold May 08, 2019
$193,000
$164,050 by Associated Bank Na
Mortgage Due May 01, 2049
Sold Mar 02, 2018
$52,000
7734 South Laflin Street in Chicago, IL was first built in 1918 and is 106 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 bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7734 South Laflin Street has 1,392 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. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 5,070 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. 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 heating system. 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, 7734 South Laflin Street sold most recently in Apr 30, 2019 for a total of $193,000. If you work out the math, that's approximately a cost of $138.65 per sqft. Before that, the property was also sold for $52,000 in Feb 28, 2018. 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 $1,970 in taxes each year. 7734 South Laflin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,001. If we break it down further, the land itself was valued at $3,296. Improvements to the property, however, were assessed at a total of $9,705. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 5,070
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRAYNERS SUB
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF LTS 1-24 IN OWEN R TRAYNERS SUB OF BLK 31 OF JONES SUB OF PT EX CERTAIN TRACTS CONVEYED WH SEC 29-38-14

Ownership

  • Current Owner : MENA MARTIN
  • Current Owner 2: MENA ESPERAZA
  • Previous Owner : RUSU ADRIAN
  • Owner Before Previous Owner: BAKER FREDERICK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Subdivision Tract Number: S
  • Parcel: 20-29-311-031-0000
  • Block: 31
  • Lot: 1-24
  • Meridian: SEC 29 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.753
  • Longitude: -87.6622

    Address

  • Full Address: 7734 S Laflin St
  • Address - House Number: 7734
  • Street Direction: S
  • Address - Street Name: Laflin
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 4137
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,970
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 215,803
  • High Value: 265,079
  • Low Value: 166,526

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,050
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: May 08, 2019
  • First Open Lien Mortgage Loan Amount: $164,050
  • 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, 2049

    Market Valuation

  • Market Total Value: $130,010
  • Market Land Value: $32,960
  • Market Improvement Value: $97,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,001
  • Assessed Land Value: $3,296
  • Assessed Improvements Value: $9,705

    Sales

  • Current Sale Contract Date: Apr 30, 2019
  • Current Sale Recording Date: May 08, 2019
  • Current Sale Transaction ID: 11606347158
  • Current Sale Price: $193,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1912813048
  • Previous Sale Recording Date: Mar 02, 2018
  • Previous Sale Contract Date: Feb 28, 2018
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED BANK NA
  • First Mortgage Transaction Date: May 08, 2019
  • First Mortgage Loan Amount: $164,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 7734 South Laflin Street located in?
The 7734 South Laflin Street is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7734 South Laflin Street?
The average sales price for units in 7734 South Laflin Street is $0 currently.

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