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8121 South Chappel Avenue

8121 South Chappel Avenue, Chicago, IL 60617
Property in South Chicago
Sold May 07, 2012
$25,000
$155,700 by New Century Mortgage Corp
Mortgage Due Jul 01, 2035
Sold Jan 25, 2011
Transfer
8121 South Chappel Avenue in Chicago, IL was first built in 1902 and is 122 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. 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 is only one bathroom. There are 2 partial bathrooms. 8121 South Chappel Avenue has 1,659 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. In total, the area measurement of the land is 3,150 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 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, 8121 South Chappel Avenue sold most recently in Apr 12, 2012 for a total of $25,000. If you work out the math, that's approximately a cost of $15.07 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 $855 in taxes each year. The initial year of tax delinquency occurred in 2021. 8121 South Chappel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $11,001. If we break it down further, the land itself was valued at $3,938. Improvements to the property, however, were assessed at a total of $7,063. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1902
  • Effective Year Built: 1902
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 3,150
  • Total Building Area: 1,659
  • Gross Building Area: 1,659
  • Building Area: 1,659
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,659
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOSTERS
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEST2 E2 SW4 NE4 SEC36 E2W2SW4NE4 S 36 T38N R14E 3P

Ownership

  • Current Owner : BRITTON JAMES LYNESE
  • Previous Owner : US BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: CHATONDA ROSITA
  • 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: 20-36-217-007-0000
  • Block: 2
  • Lot: 40
  • Meridian: SEC 36 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7473
  • Longitude: -87.5743

    Address

  • Full Address: 8121 S Chappel Ave
  • Address - House Number: 8121
  • Street Direction: S
  • Address - Street Name: Chappel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 1024
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $855
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2662
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 212,139
  • High Value: 268,618
  • Low Value: 155,660

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,700
  • First Open Lien Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 30, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $155,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $110,010
  • Market Land Value: $39,380
  • Market Improvement Value: $70,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,001
  • Assessed Land Value: $3,938
  • Assessed Improvements Value: $7,063

    Sales

  • Current Sale Contract Date: Apr 12, 2012
  • Current Sale Recording Date: May 07, 2012
  • Current Sale Transaction ID: 1089121202
  • Current Sale Price: $25,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 1212816057
  • Previous Sale Recording Date: Jan 25, 2011
  • Previous Sale Contract Date: Jan 14, 2011
  • Previous Sale Document Type: Legal Action/Court Order

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 8121 South Chappel Avenue located in?
The 8121 South Chappel Avenue is a located in the neighborhood of South Chicago in Far South Chicago, Chicago.
What is the average sales price for listings in 8121 South Chappel Avenue?
The average sales price for units in 8121 South Chappel Avenue is $0 currently.

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