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1138 Home Avenue

1138 Home Avenue, Oak Park, IL 60304
Property in Oak Park
Sold Oct 05, 2023
$550,000
$350,000 by Newrez Llc
Mortgage Due Oct 01, 2053
Sold Jul 08, 2021
$280,000
$369,050 by Tvc Funding I Llc
Mortgage
1138 Home Avenue in Oak Park, IL was first built in 1919 and is 105 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1138 Home Avenue has 1,247 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,566 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a 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, 1138 Home Avenue was last sold in Sep 28, 2023 for $550,000. According to our calculations, that's $441.06 per sqft. Prior to that sales transaction, the property was sold for $280,000 in May 6, 2021. Current property owners are expected to pay $11,303 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1138 Home Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,000. To break that down further, the land itself was valued at $6,392. While improvements to the property were assessed at a total of $35,608. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1919
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,566
  • Total Building Area: 1,247
  • Gross Building Area: 1,247
  • Building Area: 1,247
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,247
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DRAYS SECOND ADD TO OAK
  • Land Acres: 0.105
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALTER S (DRAYS)(SECOND) ADD TO (OAK) PARK SUB OF LTS 8-9 OF MCGREWS SUB OF PT OF LT 7 IN B F JERVIS SUB EX WH SW SEC 18-39-1

Ownership

  • Current Owner : TREVINO ERICICA MENCHEN
  • Current Owner 2: TREVINO JAMES
  • Previous Owner : BR64 PARTNERS INC
  • Owner Before Previous Owner: SECOND EQUITY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 813200

Geography

  • District: 27
  • Parcel: 16-18-319-014-0000
  • Block: 4
  • Lot: 7-9
  • Meridian: SEC 18 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8673
  • Longitude: -87.7987

    Address

  • Full Address: 1138 Home Ave
  • Address - House Number: 1138
  • Address - Street Name: Home
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C073
  • 4-Digit Zip Code: 1802
  • Zip Code: 60304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,303
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 448,302
  • High Value: 549,997
  • Low Value: 346,608

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2023
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $63,920
  • Market Improvement Value: $356,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $6,392
  • Assessed Improvements Value: $35,608

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 05, 2023
  • Current Sale Transaction ID: 11914012431
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 55116
  • Previous Sale Recording Date: Jul 08, 2021
  • Previous Sale Contract Date: May 06, 2021
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Oct 05, 2023
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TVC FUNDING I LLC
  • Previous Mortgage Transaction Date: Jul 08, 2021
  • Previous Mortgage Loan Amount: $369,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Oak Park



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Frequently Asked Questions

What neighborhood is 1138 Home Avenue located in?
The 1138 Home Avenue is a located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 1138 Home Avenue?
The average sales price for units in 1138 Home Avenue is $0 currently.

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