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3821 South Hermitage Avenue

3821 South Hermitage Avenue, Chicago, IL 60609
Property in McKinley Park
Sold Jul 24, 2015
$425,000
$243,000 by Citibank Na
Mortgage Due Aug 01, 2045
Local assessors in Chicago, IL have categorized 3821 South Hermitage Avenue as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 3,592 square feet. 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3821 South Hermitage Avenue has a total of 2,269 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 central 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. 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, 3821 South Hermitage Avenue sold most recently in Jul 14, 2015 for a total of $425,000. If you work out the math, that's approximately a cost of $187.31 per sqft. 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 $9,256 in taxes each year. 3821 South Hermitage Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $45,000. If we break it down further, the land itself was valued at $8,980. Improvements to the property, however, were assessed at a total of $36,020. 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. 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!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: 2016
  • Effective Year Built: 2016
  • 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
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,592
  • Total Building Area: 2,269
  • Gross Building Area: 2,269
  • Building Area: 2,269
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,269
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OWNERS INDUSTRIAL DIVISION
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZHAO JINGYI
  • Current Owner 2: WU XINGHAO
  • Previous Owner : BERTCO DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 590700

Zoning

  • Zoning: RT-4

Geography

  • District: 76
  • Parcel: 17-31-429-054-0000
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8243
  • Longitude: -87.6686

    Address

  • Full Address: 3821 S Hermitage Ave
  • Address - House Number: 3821
  • Street Direction: S
  • Address - Street Name: Hermitage
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C014
  • 4-Digit Zip Code: 2007
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,256
  • Tax Rate Code Area: 76001

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 639,382
  • High Value: 788,290
  • Low Value: 490,474

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $283,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jul 24, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $243,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045
  • Second Open Lien Mortgage Lender: CATHAY BANK
  • Second Open Lien Mortgage Recording Date: Feb 28, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $89,800
  • Market Improvement Value: $360,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,000
  • Assessed Land Value: $8,980
  • Assessed Improvements Value: $36,020

    Sales

  • Current Sale Contract Date: Jul 14, 2015
  • Current Sale Recording Date: Jul 24, 2015
  • Current Sale Transaction ID: 1221617979
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1520542109

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jul 24, 2015
  • First Mortgage Loan Amount: $243,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 3821 South Hermitage Avenue located in?
The 3821 South Hermitage Avenue is a located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 3821 South Hermitage Avenue?
The average sales price for units in 3821 South Hermitage Avenue is $0 currently.

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