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8418 South Bennett Avenue

8418 South Bennett Avenue, Chicago, IL 60617
Sold Aug 06, 2019
$192,000
$220,594 by United Wholesale Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Nov 14, 2018
Transfer
8418 South Bennett Avenue in Chicago, IL was first built in 1949 and is 75 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 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 8418 South Bennett Avenue has 1,080 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 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 4,162 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8418 South Bennett Avenue was last sold in Jul 30, 2019 for $192,000. According to our calculations, that's $177.78 per sqft. Current property owners are expected to pay $1,418 in taxes per year. The property on 8418 South Bennett Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $11,001. To break that down further, the land itself was valued at $5,203. While improvements to the property were assessed at a total of $5,798. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 4,162
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CONSTANCE SUB BY WALLACE C CLEMENT
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CONSTANCE) SUB BY WALLACE C (CLEMENT) OF EH SW SEC 36-38-14

Ownership

  • Current Owner : DRAKE GWENDOLYN E
  • Previous Owner : SWEET HOME CHICAGO LLC
  • Owner Before Previous Owner: ORR DAVID D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 450300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-36-313-075-0000
  • Block: 7
  • Lot: 8,9
  • Meridian: SEC 36 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7418
  • Longitude: -87.5785

    Address

  • Full Address: 8418 S Bennett Ave
  • Address - House Number: 8418
  • Street Direction: S
  • Address - Street Name: Bennett
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C066
  • 4-Digit Zip Code: 2253
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,418
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2522
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 224,815
  • High Value: 281,536
  • Low Value: 168,094

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,594
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 22, 2022
  • First Open Lien Mortgage Loan Amount: $220,594
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $110,010
  • Market Land Value: $52,030
  • Market Improvement Value: $57,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,001
  • Assessed Land Value: $5,203
  • Assessed Improvements Value: $5,798

    Sales

  • Current Sale Contract Date: Jul 30, 2019
  • Current Sale Recording Date: Aug 06, 2019
  • Current Sale Transaction ID: 11633550975
  • Current Sale Price: $192,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1921833032
  • Previous Sale Recording Date: Nov 14, 2018
  • Previous Sale Contract Date: Oct 15, 2018
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 06, 2019
  • First Mortgage Loan Amount: $188,522
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2049

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Nearby Rentals

Unit for rent at

$1,275 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Warnita Taylor
Unit for rent at

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
Listing by Mina Tse
Unit for rent at

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Belinda Mitchell Ewell
Unit for rent at

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Starsha Johnson
Unit for rent at

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
Listing by Ronald Gregory

Frequently Asked Questions

What neighborhood is 8418 South Bennett Avenue located in?
The 8418 South Bennett Avenue is a house located in the neighborhood of Stony Island Park in Far South Chicago, Chicago.
What is the average sales price for listings in 8418 South Bennett Avenue?
The average sales price for units in 8418 South Bennett Avenue is $199,900 , or $160/sqft. currently.

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