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10526 Altgeld Street

10526 Altgeld Street, Melrose Park, IL 60164
Property in Leyden
Sold Jan 29, 2021
$256,000
$243,200 by Homeside Financial Llc
Mortgage Due Dec 01, 2050
Local assessors in Melrose Park, IL have categorized 10526 Altgeld Street as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 7,920 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 600 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 5 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10526 Altgeld Street has a total of 1,200 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 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, 10526 Altgeld Street sold most recently in Oct 26, 2020 for a total of $256,000. If you work out the math, that's approximately a cost of $213.33 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 $7,101 in taxes each year. 10526 Altgeld Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,000. If we break it down further, the land itself was valued at $3,564. Improvements to the property, however, were assessed at a total of $23,436. 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND FARMS UNITB SUB
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF LTS39-52 & WH LT53 IN F H BARTLETT S GRAND FARMS UNITB SUB OF NH SH E3/4 SE SEC 29-40-12

Ownership

  • Current Owner : FONSECA JOHNNY
  • Current Owner 2: DIAZ JACQUELYN
  • Previous Owner : OLENCZUK JANET M
  • Previous Owner 2: OLENCZUK JOHN S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Mannheim School District 83
  • Census Tract: 811301

Geography

  • District: 20
  • Parcel: 12-29-417-022-0000
  • Lot: 39-53
  • Meridian: SEC 29 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.924
  • Longitude: -87.8886

    Address

  • Full Address: 10526 Altgeld St
  • Address - House Number: 10526
  • Address - Street Name: Altgeld
  • Address - Suffix Type: St
  • State: IL
  • City Name: Melrose Park
  • Carrier Code: C057
  • 4-Digit Zip Code: 1503
  • Zip Code: 60164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,101
  • Tax Rate Code Area: 20022

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 323,401
  • High Value: 399,532
  • Low Value: 247,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,200
  • First Open Lien Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jan 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $243,200
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $35,640
  • Market Improvement Value: $234,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $3,564
  • Assessed Improvements Value: $23,436

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Transaction ID: 11815723721
  • Current Sale Price: $256,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2102904034

    Last Sale Mortgage

  • First Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Mortgage Transaction Date: Jan 29, 2021
  • First Mortgage Loan Amount: $243,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Cook



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Frequently Asked Questions

What neighborhood is 10526 Altgeld Street located in?
The 10526 Altgeld Street is a located in the neighborhood of Leyden in Cook, Melrose Park.
What is the average sales price for listings in 10526 Altgeld Street?
The average sales price for units in 10526 Altgeld Street is $0 currently.

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