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8111 South Saginaw Avenue

8111 South Saginaw Avenue, Chicago, IL 60617
Property in South Chicago
Sold Jan 31, 2006
$165,000
Local assessors in Chicago, IL have categorized 8111 South Saginaw Avenue as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 5,495 square feet. The linear feet between the front and back of the lot was measured at 1,670 ft and the front of the lot was measured at 420 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 are also 2 partial bathrooms. 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 8111 South Saginaw Avenue has a total of 1,201 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 frame 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. 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, 8111 South Saginaw Avenue sold most recently in Jan 6, 2006 for a total of $165,000. If you work out the math, that's approximately a cost of $137.39 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 $2,176 in taxes each year. 8111 South Saginaw Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,000. If we break it down further, the land itself was valued at $5,495. Improvements to the property, however, were assessed at a total of $8,505. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • 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: 5,495
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,201
  • Gross Building Area: 1,201
  • Building Area: 1,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLBURN PARK
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WRIGHT ANDRE
  • Current Owner 2: WRIGHT NIRVANA
  • Previous Owner : NEWBORNE WILLIE
  • Previous Owner 2: NEWBORNE VIVIAN J
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460302

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 21-31-100-023-0000
  • Meridian: SEC 31 TWN 38N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.7477
  • Longitude: -87.5598

    Address

  • Full Address: 8111 S Saginaw Ave
  • Address - House Number: 8111
  • Street Direction: S
  • Address - Street Name: Saginaw
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C042
  • 4-Digit Zip Code: 1307
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,176
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2662
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 216,674
  • High Value: 274,360
  • Low Value: 158,987

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $54,950
  • Market Improvement Value: $85,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $5,495
  • Assessed Improvements Value: $8,505

    Sales

  • Current Sale Contract Date: Jan 06, 2006
  • Current Sale Recording Date: Jan 31, 2006
  • Current Sale Transaction ID: 1084638356
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0603140282

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Jan 31, 2006
  • First Mortgage Loan Amount: $165,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Feb 01, 2036

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Frequently Asked Questions

What neighborhood is 8111 South Saginaw Avenue located in?
The 8111 South Saginaw Avenue is a located in the neighborhood of South Chicago in Far South Chicago, Chicago.
What is the average sales price for listings in 8111 South Saginaw Avenue?
The average sales price for units in 8111 South Saginaw Avenue is $0 currently.

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