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9850 South Drexel Avenue

9850 South Drexel Avenue, Chicago, IL 60628
Sold Dec 31, 2019
$185,000
$181,550 by Nations Reliable Lending Llc
Mortgage Due Jan 01, 2050
Sold Oct 02, 2017
$35,500
9850 South Drexel 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 1926 and is 98 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 are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 9850 South Drexel Avenue has 1,149 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 bungalow 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 are a total of 2 available parking spaces. 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. The property was last sold in Dec 17, 2019 for $185,000. That's $161.01 per sqft. Prior to that sales transaction, the property was also sold in Sep 8, 2017 for $35,500. 9850 South Drexel Avenue was last assessed in 2023. The total value of the property was assessed at $12,848. Specifically, the land the property is located on was valued at $3,720. While improvements on the property were assessed at a total of $9,128. 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 $2,476. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 5
  • 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: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,720
  • Total Building Area: 1,149
  • Gross Building Area: 1,149
  • Building Area: 1,149
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,149
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTAGE GROVE HEIGHTS
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (COTTAGE)(GROVE)(HEIGHTS) SUB OF NH SEC 11-37-14

Ownership

  • Current Owner : KEYES EVELYN
  • Previous Owner : R J CULLAR REAALTY INVESTMENTS LLC
  • Owner Before Previous Owner: BANK OF AMERICA NA
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 500100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 25-11-119-037-0000
  • Block: 4
  • Lot: 24
  • Meridian: SEC 11 TWN 37N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7152
  • Longitude: -87.6021

    Address

  • Full Address: 9850 S Drexel Ave
  • Address - House Number: 9850
  • Street Direction: S
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C014
  • 4-Digit Zip Code: 1530
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,476
  • Tax Rate Code Area: 70002

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 213,963
  • High Value: 269,096
  • Low Value: 158,830

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $188,496
  • First Open Lien Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 31, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $181,550
  • 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: Jan 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 20, 2023
  • Second Open Lien Mortgage Loan Amount: $6,946
  • Second Open Lien Mortgage Term: 321
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $128,480
  • Market Land Value: $37,200
  • Market Improvement Value: $91,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,848
  • Assessed Land Value: $3,720
  • Assessed Improvements Value: $9,128

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Transaction ID: 11712552438
  • Current Sale Price: $185,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1936545093
  • Previous Sale Recording Date: Oct 02, 2017
  • Previous Sale Contract Date: Sep 08, 2017
  • Previous Sale Amount: $35,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Mortgage Transaction Date: Dec 31, 2019
  • First Mortgage Loan Amount: $181,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 9850 South Drexel Avenue located in?
The 9850 South Drexel Avenue is a located in the neighborhood of Cottage Grove Heights in Far South Chicago, Chicago.
What is the average sales price for listings in 9850 South Drexel Avenue?
The average sales price for units in 9850 South Drexel Avenue is $0 currently.

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