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7945 South Justine Street

7945 South Justine Street, Chicago, IL 60620
House in Gresham
Sold Sep 08, 2017
$120,000
$117,826 by American Financial Network Inc
Mortgage Due Oct 01, 2047
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7945 South Justine Street 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 1918 and is 106 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7945 South Justine Street has 1,224 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 3,968 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

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 masonry 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 masonry. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7945 South Justine Street was last sold in Sep 1, 2017 for $120,000. According to our calculations, that's $98.04 per sqft. Current property owners are expected to pay $942 in taxes per year. The property on 7945 South Justine Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $8,000. To break that down further, the land itself was valued at $2,579. While improvements to the property were assessed at a total of $5,421. 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: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,968
  • Total Building Area: 1,224
  • Gross Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASHLAND HIGHLANDS LAUERMANS
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ASHLAND) (HIGHLANDS) (LAUERMANS) SUB OF LT 4 IN CIRC UIT COURT PARTN NW SEC 32-38-14

Ownership

  • Current Owner : ARTIS SHERRON
  • Previous Owner : SOZO PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-32-101-020-0000
  • Lot: 4
  • Meridian: SEC 32 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.749
  • Longitude: -87.6619

    Address

  • Full Address: 7945 S Justine St
  • Address - House Number: 7945
  • Street Direction: S
  • Address - Street Name: Justine
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C042
  • 4-Digit Zip Code: 4334
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $942
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 152,951
  • High Value: 187,156
  • Low Value: 118,745

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $122,539
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Sep 08, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $117,826
  • 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: Oct 01, 2047
  • Second Open Lien Mortgage Lender: CHICAGO INFRASTRUCTURE TRUST
  • Second Open Lien Mortgage Recording Date: Sep 08, 2017
  • Second Open Lien Mortgage Loan Amount: $4,713
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $25,790
  • Market Improvement Value: $54,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,000
  • Assessed Land Value: $2,579
  • Assessed Improvements Value: $5,421

    Sales

  • Current Sale Contract Date: Sep 01, 2017
  • Current Sale Recording Date: Sep 08, 2017
  • Current Sale Transaction ID: 1733230792
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1725146135

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Sep 08, 2017
  • First Mortgage Loan Amount: $117,826
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 7945 South Justine Street located in?
The 7945 South Justine Street is a house located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7945 South Justine Street?
The average sales price for units in 7945 South Justine Street is $125,000 , or $102/sqft. currently.

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