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8554 South Kolin Avenue

8554 South Kolin Avenue, Chicago, IL 60652
Property in Scottsdale
Sold Sep 23, 2016
$245,000
$240,463 by Fairway Independent Mortgage C
Mortgage Due Oct 01, 2046
8554 South Kolin 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 1959 and is 65 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 8554 South Kolin Avenue has 1,501 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 5,000 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 Sep 15, 2016 for $245,000. That's $163.22 per sqft. 8554 South Kolin Avenue was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $4,250. While improvements on the property were assessed at a total of $16,750. 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 $4,353. 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. 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 5,000
  • Total Building Area: 1,501
  • Gross Building Area: 1,501
  • Building Area: 1,501
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,501
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARTLETTS CITY OF CHICAGO
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREDK H (BARTLETTS) CITY OF (CHICAGO) SUB LTS 2&3 ASS ESSORS DIV OF EX PART E 129 FT WH SW SAID SEC 34 LIES IN SAID LT 3 & EX

Ownership

  • Current Owner : MENDEZ GUILLERMO S
  • Current Owner 2: MENDEZ MARIA
  • Previous Owner : GUINANE JAMES M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700302

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-34-416-065-0000
  • Block: 24
  • Lot: 2,3
  • Meridian: SEC 34 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7368
  • Longitude: -87.7303

    Address

  • Full Address: 8554 S Kolin Ave
  • Address - House Number: 8554
  • Street Direction: S
  • Address - Street Name: Kolin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C026
  • 4-Digit Zip Code: 3537
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,353
  • Tax Rate Code Area: 72017

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 326,079
  • High Value: 402,975
  • Low Value: 249,182

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,463
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 23, 2016
  • First Open Lien Mortgage Loan Amount: $240,463
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $42,500
  • Market Improvement Value: $167,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $4,250
  • Assessed Improvements Value: $16,750

    Sales

  • Current Sale Contract Date: Sep 15, 2016
  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Transaction ID: 1781877866
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1626739016

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 23, 2016
  • First Mortgage Loan Amount: $240,463
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 8554 South Kolin Avenue located in?
The 8554 South Kolin Avenue is a located in the neighborhood of Scottsdale in Scottsdale, Chicago.
What is the average sales price for listings in 8554 South Kolin Avenue?
The average sales price for units in 8554 South Kolin Avenue is $0 currently.

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