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1183 Clarence Avenue

1183 Clarence Avenue, Oak Park, IL 60304
Property in Oak Park
Sold Jul 19, 2021
$425,000
$382,500 by Prosperity Home Mortgage Llc
Mortgage Due Jun 01, 2051
Sold Apr 19, 2011
$255,000
$204,000 by Ing Bank Fsb
Mortgage Due Apr 13, 2016
1183 Clarence Avenue has been categorized by the local assessors in Oak Park, IL as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1183 Clarence Avenue has 1,064 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 1,250 ft and across the front of the lot is 250 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.

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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1183 Clarence Avenue sold most recently in Apr 28, 2021 for a total of $425,000. If you work out the math, that's approximately a cost of $399.44 per sqft. Before that, the property was also sold for $255,000 in Jul 1, 2010. 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 $12,018 in taxes each year. 1183 Clarence Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,000. If we break it down further, the land itself was valued at $4,410. Improvements to the property, however, were assessed at a total of $31,590. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • 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: 3,150
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SWIGARTS
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TOOMEY JACKSON T
  • Current Owner 2: BAKER JILL T
  • Previous Owner : SANKARAN ROHIT
  • Previous Owner 2: SANKARAN OLGA
  • Owner Before Previous Owner: AYRES JOHN
  • Owner Before Previous Owner 2: AYRES SARA
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • District: 27
  • Parcel: 16-18-424-030-0000
  • Block: 11
  • Lot: 17
  • Meridian: SEC 18 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8658
  • Longitude: -87.7905

    Address

  • Full Address: 1183 Clarence Ave
  • Address - House Number: 1183
  • Address - Street Name: Clarence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C074
  • 4-Digit Zip Code: 2045
  • Zip Code: 60304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,018
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 437,754
  • High Value: 537,651
  • Low Value: 337,858

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $382,500
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $382,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $44,100
  • Market Improvement Value: $315,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $4,410
  • Assessed Improvements Value: $31,590

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11844707867
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120021100
  • Previous Sale Recording Date: Apr 19, 2011
  • Previous Sale Contract Date: Jul 01, 2010
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 19, 2021
  • First Mortgage Loan Amount: $382,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ING BANK FSB
  • Previous Mortgage Transaction Date: Apr 19, 2011
  • Previous Mortgage Loan Amount: $204,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 13, 2016

About Oak Park



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Frequently Asked Questions

What neighborhood is 1183 Clarence Avenue located in?
The 1183 Clarence Avenue is a located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 1183 Clarence Avenue?
The average sales price for units in 1183 Clarence Avenue is $0 currently.

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