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1022 North Avers Avenue

1022 North Avers Avenue, Chicago, IL 60651
Sold Oct 12, 2020
$253,000
$248,371 by Starboard Financial Management
Mortgage Due Sep 01, 2050
Sold Feb 01, 2005
Transfer
Local assessors in Chicago, IL have categorized 1022 North Avers Avenue as a residential type of property. The home was built in 1895 and is 129 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. 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 1022 North Avers Avenue has a total of 1,510 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. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1022 North Avers Avenue sold most recently in Aug 11, 2020 for a total of $253,000. If you work out the math, that's approximately a cost of $167.55 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 $3,496 in taxes each year. 1022 North Avers Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,001. If we break it down further, the land itself was valued at $4,688. Improvements to the property, however, were assessed at a total of $12,313. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • 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: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,510
  • Gross Building Area: 1,510
  • Building Area: 1,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,510
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DIVENS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THOMAS J (DIVENS) SUB OF WH SW SW & EH NW SW OF SEC 02-39-13

Ownership

  • Current Owner : PEREZ CARLOS
  • Current Owner 2: DIAZ ALBA N
  • Previous Owner : JUARBE WBWB INC
  • Owner Before Previous Owner: WILSON LORENZO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 231200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-02-311-032-0000
  • Block: 3
  • Lot: 15
  • Meridian: SEC 02 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8998
  • Longitude: -87.7229

    Address

  • Full Address: 1022 N Avers Ave
  • Address - House Number: 1022
  • Street Direction: N
  • Address - Street Name: Avers
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 3844
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,496
  • Tax Rate Code Area: 77052

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $262,402
  • First Open Lien Mortgage Lender: STARBOARD FINANCIAL MANAGEMENT
  • First Open Lien Mortgage Recording Date: Oct 12, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $248,371
  • 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, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Oct 16, 2023
  • Second Open Lien Mortgage Loan Amount: $14,031
  • Second Open Lien Mortgage Term: 322
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $170,010
  • Market Land Value: $46,880
  • Market Improvement Value: $123,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,001
  • Assessed Land Value: $4,688
  • Assessed Improvements Value: $12,313

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Oct 12, 2020
  • Current Sale Transaction ID: 11791665153
  • Current Sale Price: $253,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2028417134
  • Previous Sale Recording Date: Feb 01, 2005
  • Previous Sale Contract Date: Jan 25, 2005
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: STARBOARD FINANCIAL MANAGEMENT
  • First Mortgage Transaction Date: Oct 12, 2020
  • First Mortgage Loan Amount: $248,371
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1022 North Avers Avenue located in?
The 1022 North Avers Avenue is a house located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 1022 North Avers Avenue?
The average sales price for units in 1022 North Avers Avenue is $279,900 , or $184/sqft. currently.

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