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8124 South Claremont Avenue

8124 South Claremont Avenue, Chicago, IL 60620
Property in Beverly View
Sold Jun 08, 2020
$190,000
$186,459 by Midwest Equity Mortgage Llc
Mortgage Due Jun 01, 2050
Sold Mar 29, 2000
$106,000
$84,790 by Marquette National Bank
Mortgage Due Apr 01, 2030
8124 South Claremont Avenue in Chicago, IL was first built in 1958 and is 66 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. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 8124 South Claremont Avenue has 1,021 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 300 ft and the linear feet between the front and back of the lot is 1,230. In total, the area measurement of the land is 3,690 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 masonry 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 masonry. 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. The property was last sold in May 8, 2020 for $190,000. That's $186.09 per sqft. Prior to that sales transaction, the property was also sold in Mar 23, 2000 for $106,000. 8124 South Claremont Avenue was last assessed in 2023. The total value of the property was assessed at $17,000. Specifically, the land the property is located on was valued at $2,952. While improvements on the property were assessed at a total of $14,048. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,793. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 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: 3,690
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,021
  • Gross Building Area: 1,021
  • Building Area: 1,021
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,021
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOURTH ADD TO HINKAMP & COS WESTERN
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FOURTH) ADD TO (HINKAMP) & COS (WESTERN) AVE SUB IN WH NW SEC 31-38-14

Ownership

  • Current Owner : ARTURO PATINO
  • Current Owner 2: ARTURO MARIBEL RABADAN
  • Previous Owner : THOMAS RUSSELL CARLA D
  • Owner Before Previous Owner: GRAFFT JOHN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700501

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-31-115-025-0000
  • Block: 3
  • Lot: 9
  • Meridian: SEC 31 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7457
  • Longitude: -87.6819

    Address

  • Full Address: 8124 S Claremont Ave
  • Address - House Number: 8124
  • Street Direction: S
  • Address - Street Name: Claremont
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C061
  • 4-Digit Zip Code: 5922
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,793
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2573
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 243,010
  • High Value: 305,561
  • Low Value: 180,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,459
  • First Open Lien Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $186,459
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $29,520
  • Market Improvement Value: $140,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,952
  • Assessed Improvements Value: $14,048

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Transaction ID: 11765265368
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016046291
  • Previous Sale Recording Date: Mar 29, 2000
  • Previous Sale Contract Date: Mar 23, 2000
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 08, 2020
  • First Mortgage Loan Amount: $186,459
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MARQUETTE NATIONAL BANK
  • Previous Mortgage Transaction Date: Mar 29, 2000
  • Previous Mortgage Loan Amount: $84,790
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2030

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Frequently Asked Questions

What neighborhood is 8124 South Claremont Avenue located in?
The 8124 South Claremont Avenue is a located in the neighborhood of Beverly View in South Side, Chicago.
What is the average sales price for listings in 8124 South Claremont Avenue?
The average sales price for units in 8124 South Claremont Avenue is $0 currently.

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