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8447 South Damen Avenue

8447 South Damen Avenue, Chicago, IL 60620
Property in Gresham
Sold Oct 11, 2012
$75,000
$60,000 by Citibank Na
Mortgage Due Oct 01, 2042
Local assessors in Chicago, IL have categorized 8447 South Damen Avenue as a residential type of property. The home was built in 1954 and is 70 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 4 rooms in the home. Of these, 2 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8447 South Damen Avenue has a total of 1,064 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8447 South Damen Avenue was last sold in Sep 24, 2012 for $75,000. According to our calculations, that's $70.49 per sqft. Current property owners are expected to pay $2,779 in taxes per year. The property on 8447 South Damen Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,512. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $10,512. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 1
  • 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: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEWOOD
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HART BRYAN
  • Previous Owner : BROWN WILBERT
  • Previous Owner 2: CREWS ANTHONY

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 711200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-31-407-016-0000
  • Block: 2
  • Lot: 25
  • Meridian: SEC 31 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7398
  • Longitude: -87.6726

    Address

  • Full Address: 8447 S Damen Ave
  • Address - House Number: 8447
  • Street Direction: S
  • Address - Street Name: Damen
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C071
  • 4-Digit Zip Code: 6023
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,779
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2673
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 200,327
  • High Value: 253,879
  • Low Value: 146,776

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 11, 2012
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $135,120
  • Market Land Value: $30,000
  • Market Improvement Value: $105,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,512
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $10,512

    Sales

  • Current Sale Contract Date: Sep 24, 2012
  • Current Sale Recording Date: Oct 11, 2012
  • Current Sale Transaction ID: 1145506794
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1228501084

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 11, 2012
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

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Frequently Asked Questions

What neighborhood is 8447 South Damen Avenue located in?
The 8447 South Damen Avenue is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 8447 South Damen Avenue?
The average sales price for units in 8447 South Damen Avenue is $0 currently.

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