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8049 South Avalon Avenue

8049 South Avalon Avenue, Chicago, IL 60619
Property in Avalon Park
Sold Sep 07, 1994
$54,000
$80,000 by Countrywide Home Loans Inc
Mortgage Due Sep 01, 2035
Sold Nov 04, 1993
$10,000
$10,000 by Chicago Title & Trust Company
Mortgage Due Nov 01, 1998
8049 South Avalon 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 1900 and is 124 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8049 South Avalon Avenue has 844 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 1,260 ft and across the front of the lot is 260 ft. The area measurement of the land has been determined as 3,150 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 no garage for those who require parking. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8049 South Avalon Avenue was last sold in Jul 25, 1994 for $54,000. According to our calculations, that's $63.98 per sqft. Prior to that sales transaction, the property was sold for $10,000 in Oct 26, 1993. Current property owners are expected to pay $0 in taxes per year. The property on 8049 South Avalon Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,001. To break that down further, the land itself was valued at $3,938. While improvements to the property were assessed at a total of $2,063. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,150
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 260
  • Total Building Area: 844
  • Gross Building Area: 844
  • Building Area: 844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNELL SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CORNELL) SUB OF WH OF SEC26 & SE1/4 OF SEC26 EX EH O F NE1/4 OF SE1/4,NH OF NW1/4 OF SH OF NW1/4 LYING W OF ICRR & NW1/4 OF

Ownership

  • Current Owner : HARRIS SARAH J
  • Current Owner 2: MOSBY HENRY
  • Previous Owner : MICHAEL O BROWN LTD
  • Owner Before Previous Owner: CAPITOL BANK & TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 834300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-35-209-016-0000
  • Block: 126
  • Lot: 27
  • Meridian: SEC 26 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7481
  • Longitude: -87.5939

    Address

  • Full Address: 8049 S Avalon Ave
  • Address - House Number: 8049
  • Street Direction: S
  • Address - Street Name: Avalon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C023
  • 4-Digit Zip Code: 4505
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 70001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 22, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $60,010
  • Market Land Value: $39,380
  • Market Improvement Value: $20,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,001
  • Assessed Land Value: $3,938
  • Assessed Improvements Value: $2,063

    Sales

  • Current Sale Contract Date: Jul 25, 1994
  • Current Sale Recording Date: Sep 07, 1994
  • Current Sale Transaction ID: 1073834288
  • Current Sale Price: $54,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 94781570
  • Previous Sale Recording Date: Nov 04, 1993
  • Previous Sale Contract Date: Oct 26, 1993
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MTG CORP
  • First Mortgage Transaction Date: Sep 07, 1994
  • First Mortgage Loan Amount: $53,936
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: CHICAGO TITLE & TRUST COMPANY
  • Previous Mortgage Transaction Date: Nov 04, 1993
  • Previous Mortgage Loan Amount: $10,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Nov 01, 1998

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 8049 South Avalon Avenue located in?
The 8049 South Avalon Avenue is a located in the neighborhood of Avalon Park in Far South Chicago, Chicago.
What is the average sales price for listings in 8049 South Avalon Avenue?
The average sales price for units in 8049 South Avalon Avenue is $0 currently.

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