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9427 South Rhodes Avenue

9427 South Rhodes Avenue, Chicago, IL 60619
Property in Burnside
Sold Feb 17, 2021
$234,000
$229,761 by Fairway Independent Mortgage C
Mortgage Due Feb 01, 2051
Sold Aug 06, 2019
$53,000
9427 South Rhodes Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1918 and is 106 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 9427 South Rhodes Avenue has 1,509 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 9427 South Rhodes Avenue sold most recently in Jan 4, 2021 for a total of $234,000. If you work out the math, that's approximately a cost of $155.07 per sqft. Before that, the property was also sold for $53,000 in Jul 16, 2019. 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 $2,674 in taxes each year. 9427 South Rhodes Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,000. If we break it down further, the land itself was valued at $3,720. Improvements to the property, however, were assessed at a total of $9,280. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 3,720
  • Total Building Area: 1,509
  • Gross Building Area: 1,509
  • Building Area: 1,509
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,509
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VERNON PARK
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (VERNON)(PARK) SUB OF EXCEPT R R R OF W & EXCEPT STS. HERETOFORE DEDICATED SW SE SEC 03-37-14

Ownership

  • Current Owner : PERKINS LUCY C
  • Current Owner 2: PERKINS C L
  • Previous Owner : JGL INVESTMENTS LLC
  • Owner Before Previous Owner: SJ VENTURES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 490200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 25-03-430-009-0000
  • Block: 8
  • Lot: 30
  • Meridian: SEC 03 TWN 37N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7229
  • Longitude: -87.6103

    Address

  • Full Address: 9427 S Rhodes Ave
  • Address - House Number: 9427
  • Street Direction: S
  • Address - Street Name: Rhodes
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 7420
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,674
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 218,817
  • High Value: 268,782
  • Low Value: 168,852

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,761
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Feb 17, 2021
  • First Open Lien Mortgage Loan Amount: $229,761
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $37,200
  • Market Improvement Value: $92,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $3,720
  • Assessed Improvements Value: $9,280

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Feb 17, 2021
  • Current Sale Transaction ID: 11817599450
  • Current Sale Price: $234,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2104842206
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Jul 16, 2019
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Feb 17, 2021
  • First Mortgage Loan Amount: $229,761
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

About South Side



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Frequently Asked Questions

What neighborhood is 9427 South Rhodes Avenue located in?
The 9427 South Rhodes Avenue is a located in the neighborhood of Burnside in South Side, Chicago.
What is the average sales price for listings in 9427 South Rhodes Avenue?
The average sales price for units in 9427 South Rhodes Avenue is $0 currently.

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