Check Availability

10962 South Troy Street

10962 South Troy Street, Chicago, IL 60655
Property in Mount Greenwood
Sold Mar 22, 2022
$338,000
$270,400 by Mutual Of Omaha Mortgage Inc
Mortgage Due Apr 01, 2052
Sold Nov 09, 2020
$315,000
$299,250 by American Portfolio Mortgage Co
Mortgage Due Nov 01, 2050
10962 South Troy Street 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 1923 and is 101 years old. The home has a total of 6 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. The building has a total of 2 stories. In addition, 10962 South Troy Street has 1,217 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,240 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 3,125 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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 10962 South Troy Street sold most recently in Mar 9, 2022 for a total of $338,000. If you work out the math, that's approximately a cost of $277.73 per sqft. Before that, the property was also sold for $315,000 in Oct 5, 2020. 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 $3,507 in taxes each year. 10962 South Troy Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,000. If we break it down further, the land itself was valued at $3,125. Improvements to the property, however, were assessed at a total of $13,875. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1923
  • Effective Year Built: 1923
  • 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: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,217
  • Gross Building Area: 1,217
  • Building Area: 1,217
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,217
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: J S HOVLAND RESUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WALLER SHANNON A
  • Current Owner 2: WALLER JOHN ARTHUR
  • Previous Owner : LILLIEBRIDGE AMY M
  • Previous Owner 2: LAW STEVE R
  • Owner Before Previous Owner: COOPER JAMES C
  • Owner Before Previous Owner 2: COOPER KARI A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 740100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 24-13-308-068-0000
  • Block: 4
  • Lot: 26
  • Meridian: SEC 13 TWN 37N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.6934
  • Longitude: -87.6999

    Address

  • Full Address: 10962 S Troy St
  • Address - House Number: 10962
  • Street Direction: S
  • Address - Street Name: Troy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C031
  • 4-Digit Zip Code: 2212
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,507
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 310,984
  • High Value: 382,217
  • Low Value: 239,750

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,400
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 22, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $270,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $31,250
  • Market Improvement Value: $138,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $13,875

    Sales

  • Current Sale Contract Date: Mar 09, 2022
  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Transaction ID: 11888802941
  • Current Sale Price: $338,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2208113375
  • Previous Sale Recording Date: Nov 09, 2020
  • Previous Sale Contract Date: Oct 05, 2020
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Mortgage Transaction Date: Mar 22, 2022
  • First Mortgage Loan Amount: $270,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2052

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 09, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $299,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Far South Chicago



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 10301 S Kedzie Avenue, Chicago, IL, 60655

$2,100 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,000 ft²
10301 S Kedzie Avenue #3, Chicago, IL, 60655 Listing by Badia Zahdan
Unit for rent at 11735 S Keeler Avenue, Alsip, IL, 60803

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,012 ft²
11735 S Keeler Avenue, Alsip, IL, 60803 Listing by Marcelo Damian

Frequently Asked Questions

What neighborhood is 10962 South Troy Street located in?
The 10962 South Troy Street is a located in the neighborhood of Mount Greenwood in Far South Chicago, Chicago.
What is the average sales price for listings in 10962 South Troy Street?
The average sales price for units in 10962 South Troy Street is $0 currently.

Quantcast