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10731 Lyman Avenue

10731 Lyman Avenue, Chicago Ridge, IL 60415
Property in Worth
Sold Nov 02, 2020
$238,000
$233,689 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2050
Local assessors in Chicago Ridge, IL have categorized 10731 Lyman Avenue as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 8,978 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 10731 Lyman Avenue has a total of 2,058 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 3 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 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 central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 10731 Lyman Avenue was last sold in Aug 31, 2020 for $238,000. According to our calculations, that's $115.65 per sqft. Current property owners are expected to pay $6,255 in taxes per year. The property on 10731 Lyman Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,000. To break that down further, the land itself was valued at $5,387. While improvements to the property were assessed at a total of $22,613. 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. 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. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 8,978
  • Total Building Area: 2,058
  • Gross Building Area: 2,058
  • Building Area: 2,058
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,058
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PETERS ADD TO RIDGELAND GARDENS
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WARREN J (PETERS) ADD TO (RIDGELAND)(GARDENS) IN EH S W SEC 17-37-13

Ownership

  • Current Owner : PAREDES DAVID
  • Previous Owner : HOGAN MICHAEL J
  • Previous Owner 2: HOGAN BARBARA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community High School District 218
  • Census Tract: 823002

Geography

  • District: 39
  • Parcel: 24-17-302-008-0000
  • Block: 3
  • Lot: 11
  • Meridian: SEC 17 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.6969
  • Longitude: -87.7714

    Address

  • Full Address: 10731 Lyman Ave
  • Address - House Number: 10731
  • Address - Street Name: Lyman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago Ridge
  • Carrier Code: C113
  • 4-Digit Zip Code: 2269
  • Zip Code: 60415

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,255
  • Tax Rate Code Area: 39032

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 325,103
  • High Value: 405,421
  • Low Value: 244,785

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,689
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $233,689
  • 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

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $53,870
  • Market Improvement Value: $226,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $5,387
  • Assessed Improvements Value: $22,613

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11796376903
  • Current Sale Price: $238,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2030538257

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $233,689
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Chicago Ridge



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Frequently Asked Questions

What neighborhood is 10731 Lyman Avenue located in?
The 10731 Lyman Avenue is a located in the neighborhood of Worth in Chicago Ridge, Chicago Ridge.
What is the average sales price for listings in 10731 Lyman Avenue?
The average sales price for units in 10731 Lyman Avenue is $0 currently.

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