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1255 North Waller Avenue

1255 North Waller Avenue, Chicago, IL 60651
Sold May 07, 2019
$267,000
$243,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2051
Sold Apr 24, 2018
$50,000
Local assessors in Chicago, IL have categorized 1255 North Waller Avenue as a residential type of property. The home was built in 1919 and is 105 years old. The property's lot size has been calculated to be 4,092 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is also a partial bathroom. 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 1255 North Waller Avenue has a total of 883 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 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 wood 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. 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, 1255 North Waller Avenue was last sold in May 6, 2019 for $267,000. According to our calculations, that's $302.38 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Apr 17, 2018. Current property owners are expected to pay $2,583 in taxes per year. The property on 1255 North Waller Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,977. To break that down further, the land itself was valued at $4,092. While improvements to the property were assessed at a total of $11,885. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,092
  • Total Building Area: 883
  • Gross Building Area: 883
  • Building Area: 883
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 883
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TODDS
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH33 FT N63 FT LOT20 S2E2NE4 S05 T39N R13E 3P

Ownership

  • Current Owner : DAVID MONA
  • Previous Owner : WAY COOL HOMES LLC
  • Owner Before Previous Owner: NS162 LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 250600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 021-121-05
  • District: 77
  • Parcel: 16-05-230-002-0000
  • Lot: 20
  • Meridian: SEC 05 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9037
  • Longitude: -87.7678

    Address

  • Full Address: 1255 N Waller Ave
  • Address - House Number: 1255
  • Street Direction: N
  • Address - Street Name: Waller
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 1150
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,583
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 288,171
  • High Value: 357,737
  • Low Value: 218,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $243,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $159,770
  • Market Land Value: $40,920
  • Market Improvement Value: $118,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,977
  • Assessed Land Value: $4,092
  • Assessed Improvements Value: $11,885

    Sales

  • Current Sale Contract Date: May 06, 2019
  • Current Sale Recording Date: May 07, 2019
  • Current Sale Transaction ID: 11603412362
  • Current Sale Price: $267,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1912701096
  • Previous Sale Recording Date: Apr 24, 2018
  • Previous Sale Contract Date: Apr 17, 2018
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LENDING SERVICES
  • First Mortgage Transaction Date: May 07, 2019
  • First Mortgage Loan Amount: $245,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1255 North Waller Avenue located in?
The 1255 North Waller Avenue is a house located in the neighborhood of North Austin in Northwest Side, Chicago.
What is the average sales price for listings in 1255 North Waller Avenue?
The average sales price for units in 1255 North Waller Avenue is $0 currently.

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