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8301 South Paxton Avenue

8301 South Paxton Avenue, Chicago, IL 60617
Property in South Chicago
Sold Aug 25, 2016
$217,000
$213,069 by Quicken Loans Inc
Mortgage Due Sep 01, 2046
Sold Oct 21, 2015
$36,000
8301 South Paxton Avenue in Chicago, IL was first built in 1955 and is 69 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 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8301 South Paxton Avenue has 1,681 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 4,032 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 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. 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, 8301 South Paxton Avenue sold most recently in Aug 13, 2016 for a total of $217,000. If you work out the math, that's approximately a cost of $129.09 per sqft. Before that, the property was also sold for $36,000 in Oct 1, 2015. 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 $2,793 in taxes each year. 8301 South Paxton Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,000. If we break it down further, the land itself was valued at $5,040. Improvements to the property, however, were assessed at a total of $11,960. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • 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: 4,032
  • Total Building Area: 1,681
  • Gross Building Area: 1,681
  • Building Area: 1,681
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,681
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAMS SUB
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLIAM H (WILLIAMS) SUB OF NE SE SEC 36-38-14

Ownership

  • Current Owner : WHITLOCK JEWEL
  • Previous Owner : ILC CONSTROCTION INC
  • Owner Before Previous Owner: JONES
  • 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: 20-36-403-039-0000
  • Block: 1
  • Lot: 1
  • Meridian: SEC 36 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7443
  • Longitude: -87.5707

    Address

  • Full Address: 8301 S Paxton Ave
  • Address - House Number: 8301
  • Street Direction: S
  • Address - Street Name: Paxton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C052
  • 4-Digit Zip Code: 1853
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,793
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 262,502
  • High Value: 322,442
  • Low Value: 202,562

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $217,642
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 25, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $213,069
  • 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: Sep 01, 2046
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 17, 2023
  • Second Open Lien Mortgage Loan Amount: $4,573
  • Second Open Lien Mortgage Term: 281
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $50,400
  • Market Improvement Value: $119,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $5,040
  • Assessed Improvements Value: $11,960

    Sales

  • Current Sale Contract Date: Aug 13, 2016
  • Current Sale Recording Date: Aug 25, 2016
  • Current Sale Transaction ID: 1788051851
  • Current Sale Price: $217,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1623808059
  • Previous Sale Recording Date: Oct 21, 2015
  • Previous Sale Contract Date: Oct 01, 2015
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Aug 25, 2016
  • First Mortgage Loan Amount: $213,069
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 8301 South Paxton Avenue located in?
The 8301 South Paxton Avenue is a located in the neighborhood of South Chicago in Far South Chicago, Chicago.
What is the average sales price for listings in 8301 South Paxton Avenue?
The average sales price for units in 8301 South Paxton Avenue is $0 currently.

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