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8826 South Luella Avenue

8826 South Luella Avenue, Chicago, IL 60617
Sold Sep 10, 2018
$140,000
$135,800 by Neighborhood Loans
Mortgage Due Oct 01, 2048
Local assessors in Chicago, IL have categorized 8826 South Luella Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 3,844 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 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 8826 South Luella Avenue has a total of 1,465 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 no garage for those who need a place to park their vehicle. 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. The property was last sold in Sep 4, 2018 for $140,000. That's $95.56 per sqft. 8826 South Luella Avenue was last assessed in 2023. The total value of the property was assessed at $15,848. Specifically, the land the property is located on was valued at $4,805. While improvements on the property were assessed at a total of $11,043. 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 $1,824. 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. 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: 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: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,844
  • Total Building Area: 1,465
  • Gross Building Area: 1,465
  • Building Area: 1,465
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,465
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH SANDRA F
  • Current Owner 2: SMITH CHARLES
  • Previous Owner : DOWDELL CANNON LESLIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 480100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 25-01-212-077-0000
  • Meridian: SEC 01 TWN 37N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7345
  • Longitude: -87.5699

    Address

  • Full Address: 8826 S Luella Ave
  • Address - House Number: 8826
  • Street Direction: S
  • Address - Street Name: Luella
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C007
  • 4-Digit Zip Code: 3030
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,824
  • Tax Rate Code Area: 70002

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 156,343
  • High Value: 227,719
  • Low Value: 84,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,800
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Sep 10, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $135,800
  • 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, 2048

    Market Valuation

  • Market Total Value: $158,480
  • Market Land Value: $48,050
  • Market Improvement Value: $110,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,848
  • Assessed Land Value: $4,805
  • Assessed Improvements Value: $11,043

    Sales

  • Current Sale Contract Date: Sep 04, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Transaction ID: 11505819108
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1825333182

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Sep 10, 2018
  • First Mortgage Loan Amount: $135,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 8826 South Luella Avenue located in?
The 8826 South Luella Avenue is a house located in the neighborhood of Calumet Heights in Far South Chicago, Chicago.
What is the average sales price for listings in 8826 South Luella Avenue?
The average sales price for units in 8826 South Luella Avenue is $0 currently.

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