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7945 South Chappel Avenue

7945 South Chappel Avenue, Chicago, IL 60617
Sold Nov 22, 2021
$270,000
$265,109 by Loandepot.com Llc
Mortgage Due Dec 01, 2051
Sold Dec 06, 2019
$95,000
$143,000 by Loan Funder Llc Series 10140
Mortgage
Local assessors in Chicago, IL have categorized 7945 South Chappel Avenue as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 4,062 square feet. 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 is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7945 South Chappel Avenue has a total of 1,669 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. 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 heating system is the primary heating source. The property was last sold in Nov 5, 2021 for $270,000. That's $161.77 per sqft. Prior to that sales transaction, the property was also sold in Nov 1, 2019 for $95,000. 7945 South Chappel Avenue was last assessed in 2023. The total value of the property was assessed at $14,001. Specifically, the land the property is located on was valued at $5,078. While improvements on the property were assessed at a total of $8,923. 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 $2,879. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 7
  • 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: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,062
  • Total Building Area: 1,669
  • Gross Building Area: 1,669
  • Building Area: 1,669
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,669
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: B F GEORGES SUBDIVISION
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STACY COLLIER
  • Previous Owner : VANDE ENTERPRISE LLC
  • Owner Before Previous Owner: BROWN RAYFORD
  • Owner Before Previous Owner 2: BROWN MARIA D
  • 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: 20-36-201-018-0000
  • Meridian: SEC 36 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7503
  • Longitude: -87.5744

    Address

  • Full Address: 7945 S Chappel Ave
  • Address - House Number: 7945
  • Street Direction: S
  • Address - Street Name: Chappel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 1052
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,879
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 230,250
  • High Value: 282,826
  • Low Value: 177,675

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $295,316
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $265,109
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Aug 04, 2023
  • Second Open Lien Mortgage Loan Amount: $30,207
  • Second Open Lien Mortgage Term: 339
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $140,010
  • Market Land Value: $50,780
  • Market Improvement Value: $89,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,001
  • Assessed Land Value: $5,078
  • Assessed Improvements Value: $8,923

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869652160
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2132657007
  • Previous Sale Recording Date: Dec 06, 2019
  • Previous Sale Contract Date: Nov 01, 2019
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $265,109
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: LOAN FUNDER LLC SERIES 10140
  • Previous Mortgage Transaction Date: Dec 06, 2019
  • Previous Mortgage Loan Amount: $143,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 7945 South Chappel Avenue located in?
The 7945 South Chappel 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 7945 South Chappel Avenue?
The average sales price for units in 7945 South Chappel Avenue is $0 currently.

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