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9629 South Racine Avenue

9629 South Racine Avenue, Chicago, IL 60643
Property in Longwood Manor
Sold Oct 31, 2023
$128,150
$108,927 by We Lend Llc
Mortgage Due Sep 28, 2024
Sold Mar 06, 2018
$153,000
$150,228 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2048
9629 South Racine Avenue in Chicago, IL was first built in 1920 and is 104 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 unknown style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 9629 South Racine Avenue has 735 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. In total, the area measurement of the land is 3,640 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 frame 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 wood. 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. 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, 9629 South Racine Avenue sold most recently in Jun 12, 2023 for a total of $128,150. If you work out the math, that's approximately a cost of $174.35 per sqft. Before that, the property was also sold for $153,000 in Mar 2, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,960 in taxes each year. 9629 South Racine Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,500. If we break it down further, the land itself was valued at $2,730. Improvements to the property, however, were assessed at a total of $6,770. 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: 1920
  • Effective Year Built: 1920
  • 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: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • 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: 3,640
  • Total Building Area: 735
  • Gross Building Area: 735
  • Building Area: 735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 735
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HETT , J E LYNCH & H WELPS VINCENNES
  • Land Acres: 0.084
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H (HETT), J E (LYNCH) & H (WELPS) (VINCENNES) AVE ADD TO WASHINGTON HEIGHTS SUB OF THAT PT LYING WEST OF C.R.I.&P.RR IN NE SE

Ownership

  • Current Owner : AL6932 AVENUE LLC
  • Previous Owner : FREEDOM MORTGAGE CORPORATION
  • Owner Before Previous Owner: PATINO MARGARITA
  • Owner Before Previous Owner 2: JOHNSON LAMAR D
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 730400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-08-207-011-0000
  • Block: 3
  • Lot: 13,14
  • Meridian: SEC 08 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7183
  • Longitude: -87.6526

    Address

  • Full Address: 9629 S Racine Ave
  • Address - House Number: 9629
  • Street Direction: S
  • Address - Street Name: Racine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 1425
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,960
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2662
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 165,197
  • High Value: 209,179
  • Low Value: 121,216

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,927
  • First Open Lien Mortgage Lender: WE LEND LLC
  • First Open Lien Mortgage Recording Date: Oct 31, 2023
  • First Open Lien Mortgage Loan Amount: $108,927
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 28, 2024

    Market Valuation

  • Market Total Value: $95,000
  • Market Land Value: $27,300
  • Market Improvement Value: $67,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,500
  • Assessed Land Value: $2,730
  • Assessed Improvements Value: $6,770

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Transaction ID: 11915309852
  • Current Sale Price: $128,150
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 46077
  • Previous Sale Recording Date: Mar 06, 2018
  • Previous Sale Contract Date: Mar 02, 2018
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WE LEND LLC
  • First Mortgage Transaction Date: Oct 31, 2023
  • First Mortgage Loan Amount: $108,927
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 28, 2024

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Mar 06, 2018
  • Previous Mortgage Loan Amount: $150,228
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About South Side



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Frequently Asked Questions

What neighborhood is 9629 South Racine Avenue located in?
The 9629 South Racine Avenue is a located in the neighborhood of Longwood Manor in South Side, Chicago.
What is the average sales price for listings in 9629 South Racine Avenue?
The average sales price for units in 9629 South Racine Avenue is $0 currently.

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