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7926 South Merrill Avenue

7926 South Merrill Avenue, Chicago, IL 60617
Sold Jun 29, 2020
$121,000
$118,808 by Land-home Financial Services
Mortgage Due Jun 01, 2050
7926 South Merrill Avenue in Chicago, IL was first built in 1920 and is 104 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 are 2 partial bathrooms. 7926 South Merrill Avenue has 1,372 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 4,375 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 no garage. 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. The property was last sold in May 22, 2020 for $121,000. That's $88.19 per sqft. 7926 South Merrill Avenue was last assessed in 2023. The total value of the property was assessed at $11,000. Specifically, the land the property is located on was valued at $5,469. While improvements on the property were assessed at a total of $5,531. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,559. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,375
  • Total Building Area: 1,372
  • Gross Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,372
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ACKLEY & HARROUNS
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ACKLEY) & (HARROUNS) SUB OF EXCEPT N,S,E,&W 33FT THE REOF TAKEN FOR STREETS EH NW NE SEC 36-38-14

Ownership

  • Current Owner : HORN LAUREN
  • Previous Owner : WILLIAMS JENNIFER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-36-202-024-0000
  • Block: 2
  • Lot: 33
  • Meridian: SEC 36 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7509
  • Longitude: -87.5726

    Address

  • Full Address: 7926 S Merrill Ave
  • Address - House Number: 7926
  • Street Direction: S
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C048
  • 4-Digit Zip Code: 1118
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,559
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2662
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 183,510
  • High Value: 232,367
  • Low Value: 134,653

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $123,561
  • First Open Lien Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $118,808
  • 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: Jun 01, 2050
  • Second Open Lien Mortgage Lender: NATIONAL HOMEBUYERS FUND INC
  • Second Open Lien Mortgage Recording Date: Jun 29, 2020
  • Second Open Lien Mortgage Loan Amount: $4,753
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Apr 30, 2025

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $54,690
  • Market Improvement Value: $55,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $5,469
  • Assessed Improvements Value: $5,531

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11769844920
  • Current Sale Price: $121,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018120175

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $118,808
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Far South Chicago



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Nearby Rentals

Unit for rent at

$1,150 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
Listing by Lynda Pierce
Unit for rent at

$1,050 /mo

  • 1 Bed
  • 1 Bath
Listing by Joshua Berngard
Unit for rent at

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Catty Salgado
Unit for rent at

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Catty Salgado
Unit for rent at

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
Listing by Patricia Smith
Unit for rent at

$1,100 /mo

  • 2 Beds
  • 1 Bath
Listing by Frank Montro
Unit for rent at

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
Listing by Faith Washington

Frequently Asked Questions

What neighborhood is 7926 South Merrill Avenue located in?
The 7926 South Merrill Avenue is a house located in the neighborhood of South Chicago in Far South Chicago, Chicago.
What is the average sales price for listings in 7926 South Merrill Avenue?
The average sales price for units in 7926 South Merrill Avenue is $124,900 , or $104/sqft. currently.

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