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8334 South Ada Street

8334 South Ada Street, Chicago, IL 60620
Property in Gresham
Sold Jul 06, 2012
$169,000
$164,715 by Top Flite Financial Inc
Mortgage Due Jun 01, 2042
Sold Aug 24, 2011
$35,000
Local assessors in Chicago, IL have categorized 8334 South Ada Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 3,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 8334 South Ada Street has a total of 1,774 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. 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 masonry 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, 8334 South Ada Street sold most recently in May 30, 2012 for a total of $169,000. If you work out the math, that's approximately a cost of $95.26 per sqft. Before that, the property was also sold for $35,000 in Aug 18, 2011. 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 $2,999 in taxes each year. 8334 South Ada Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,001. If we break it down further, the land itself was valued at $2,438. Improvements to the property, however, were assessed at a total of $15,563. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1925
  • Effective Year Built: 1925
  • 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: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • 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: 3,750
  • Total Building Area: 1,774
  • Gross Building Area: 1,774
  • Building Area: 1,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GILBERTS SUB
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WILTS) RESUB OF LTS 5-10 IN J H GILBERTS SUB WH NE S W SEC 32-38-14

Ownership

  • Current Owner : JONES MARLON J
  • Current Owner 2: JONES MICHELLE LYNETTE
  • Previous Owner : ADA 8334 A SERIES OF CAPRICORN REAL ESTA
  • Owner Before Previous Owner: UNITED VISION INVESTMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 711100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-32-303-032-0000
  • Block: 2
  • Lot: 5-10
  • Meridian: SEC 32 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7421
  • Longitude: -87.6574

    Address

  • Full Address: 8334 S Ada St
  • Address - House Number: 8334
  • Street Direction: S
  • Address - Street Name: Ada
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C056
  • 4-Digit Zip Code: 3922
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,999
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 275,502
  • High Value: 338,411
  • Low Value: 212,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,715
  • First Open Lien Mortgage Lender: TOP FLITE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 06, 2012
  • First Open Lien Mortgage Loan Amount: $164,715
  • 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, 2042

    Market Valuation

  • Market Total Value: $180,010
  • Market Land Value: $24,380
  • Market Improvement Value: $155,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,001
  • Assessed Land Value: $2,438
  • Assessed Improvements Value: $15,563

    Sales

  • Current Sale Contract Date: May 30, 2012
  • Current Sale Recording Date: Jul 06, 2012
  • Current Sale Transaction ID: 1177554051
  • Current Sale Price: $169,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1218826269
  • Previous Sale Recording Date: Aug 24, 2011
  • Previous Sale Contract Date: Aug 18, 2011
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOP FLITE FINANCIAL INC
  • First Mortgage Transaction Date: Jul 06, 2012
  • First Mortgage Loan Amount: $164,715
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2042

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Frequently Asked Questions

What neighborhood is 8334 South Ada Street located in?
The 8334 South Ada Street is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 8334 South Ada Street?
The average sales price for units in 8334 South Ada Street is $0 currently.

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