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7958 South Paxton Avenue

7958 South Paxton Avenue, Chicago, IL 60617
Sold Jan 03, 2020
$367,000
$348,650 by Loandepot.com Llc
Mortgage Due Jan 01, 2050
Sold May 05, 2017
Transfer
$281,543 by Loandepot.com Llc
Mortgage Due May 01, 2047
7958 South Paxton Avenue 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 1925 and is 99 years old. The home has a total of 14 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7958 South Paxton Avenue has 3,668 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 800 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 10,068 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 7958 South Paxton Avenue sold most recently in Dec 24, 2019 for a total of $367,000. If you work out the math, that's approximately a cost of $100.05 per sqft. 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 $4,850 in taxes each year. 7958 South Paxton Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $27,000. If we break it down further, the land itself was valued at $12,585. Improvements to the property, however, were assessed at a total of $14,415. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,068
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,668
  • Gross Building Area: 3,668
  • Building Area: 3,668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,668
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ACKLEY & HARROUNS
  • Land Acres: 0.231
  • 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 : JEAN DOMINIC
  • Current Owner 2: BAPTISTE MELINDA
  • Previous Owner : HART NIKKIDA
  • Owner Before Previous Owner: SWEET HOME CHICAGO MANAGEMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

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: 20-36-203-029-0000
  • Block: 1
  • Lot: 24,25
  • Meridian: SEC 36 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7501
  • Longitude: -87.5714

    Address

  • Full Address: 7958 S Paxton Ave
  • Address - House Number: 7958
  • Street Direction: S
  • Address - Street Name: Paxton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C048
  • 4-Digit Zip Code: 1121
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,850
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 438,846
  • High Value: 531,500
  • Low Value: 346,192

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,650
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jan 03, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $348,650
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $125,850
  • Market Improvement Value: $144,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,000
  • Assessed Land Value: $12,585
  • Assessed Improvements Value: $14,415

    Sales

  • Current Sale Contract Date: Dec 24, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Transaction ID: 11713342369
  • Current Sale Price: $367,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2000316158
  • Previous Sale Recording Date: May 05, 2017
  • Previous Sale Contract Date: Apr 28, 2017
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jan 03, 2020
  • First Mortgage Loan Amount: $348,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: May 05, 2017
  • Previous Mortgage Loan Amount: $281,543
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2047

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Frequently Asked Questions

What neighborhood is 7958 South Paxton Avenue located in?
The 7958 South Paxton 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 7958 South Paxton Avenue?
The average sales price for units in 7958 South Paxton Avenue is $0 currently.

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