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7947 South Clyde Avenue

7947 South Clyde Avenue, Chicago, IL 60617
Sold Aug 23, 2018
$232,000
Sold May 08, 2018
$139,000
$141,300 by Lendingone Llc
Mortgage Due Jun 01, 2019
7947 South Clyde Avenue in Chicago, IL was first built in 2001 and is 23 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7947 South Clyde Avenue has 2,096 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 750 ft and the linear feet between the front and back of the lot is 1,250. 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. 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with central 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, 7947 South Clyde Avenue sold most recently in Aug 16, 2018 for a total of $232,000. If you work out the math, that's approximately a cost of $110.69 per sqft. Before that, the property was also sold for $139,000 in Apr 25, 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 $3,702 in taxes each year. The initial year of tax delinquency occurred in 2021. 7947 South Clyde Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $18,000. If we break it down further, the land itself was valued at $5,469. Improvements to the property, however, were assessed at a total of $12,531. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,096
  • Gross Building Area: 2,096
  • Building Area: 2,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,096
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

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 : GRAY KAREN
  • Previous Owner : ACCOUNTABLE SOLUTIONS INC
  • Owner Before Previous Owner: WELLS FARGO BANK N A
  • 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: 20-36-202-017-0000
  • Block: 2
  • Lot: 20
  • Meridian: SEC 36 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7503
  • Longitude: -87.5732

    Address

  • Full Address: 7947 S Clyde Ave
  • Address - House Number: 7947
  • Street Direction: S
  • Address - Street Name: Clyde
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 1111
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,702
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.102
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 90
  • Final Value: 296,649
  • High Value: 326,930
  • Low Value: 266,367

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $54,690
  • Market Improvement Value: $125,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,000
  • Assessed Land Value: $5,469
  • Assessed Improvements Value: $12,531

    Sales

  • Current Sale Contract Date: Aug 16, 2018
  • Current Sale Recording Date: Aug 23, 2018
  • Current Sale Transaction ID: 11499754844
  • Current Sale Price: $232,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1823534069
  • Previous Sale Recording Date: May 08, 2018
  • Previous Sale Contract Date: Apr 25, 2018
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGONE LLC
  • Previous Mortgage Transaction Date: May 08, 2018
  • Previous Mortgage Loan Amount: $141,300
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jun 01, 2019

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Frequently Asked Questions

What neighborhood is 7947 South Clyde Avenue located in?
The 7947 South Clyde 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 7947 South Clyde Avenue?
The average sales price for units in 7947 South Clyde Avenue is $0 currently.

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