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1309 West Wolfram Street

1309 West Wolfram Street, Chicago, IL 60657
Property in Lakeview
Sold Aug 14, 2015
$835,000
$626,250 by Us Bank Na
Mortgage Due Aug 01, 2045
Sold Apr 06, 2001
$655,000
$500,000 by The Peoples Bank Of Arlington
Mortgage Due Apr 01, 2006
Local assessors in Chicago, IL have categorized 1309 West Wolfram Street as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 3,000 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 240 ft. 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 7 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 are 2 full bathrooms. There are also 3 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 1309 West Wolfram Street has a total of 2,008 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 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 central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1309 West Wolfram Street sold most recently in Jun 23, 2015 for a total of $835,000. If you work out the math, that's approximately a cost of $415.84 per sqft. Before that, the property was also sold for $655,000 in Mar 28, 2001. 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 $18,324 in taxes each year. 1309 West Wolfram Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $92,509. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $47,509. 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: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • 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: 3,000
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,008
  • Gross Building Area: 2,008
  • Building Area: 2,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCLELLANDS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (MCCLELLANDS) SUB OF E2.961ACS OF BLK2 IN WM LILL & H EIRS OF MICHAEL DIVERSEY SUB IN NW SEC 29-40-14

Ownership

  • Current Owner : HUBBARD THOMAS N
  • Current Owner 2: HUBBARD CHERYL
  • Previous Owner : AXTMAN BRUCE T
  • Owner Before Previous Owner: STONE ANDREW H
  • Owner Before Previous Owner 2: STONE CAROLINE
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-29-130-020-0000
  • Block: 2
  • Lot: 4
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9332
  • Longitude: -87.6616

    Address

  • Full Address: 1309 W Wolfram St
  • Address - House Number: 1309
  • Street Direction: W
  • Address - Street Name: Wolfram
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C061
  • 4-Digit Zip Code: 4114
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,324
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2569
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 1,041,367
  • High Value: 1,308,962
  • Low Value: 773,772

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $626,250
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Aug 14, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $626,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Market Valuation

  • Market Total Value: $925,090
  • Market Land Value: $450,000
  • Market Improvement Value: $475,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,509
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $47,509

    Sales

  • Current Sale Contract Date: Jun 23, 2015
  • Current Sale Recording Date: Aug 14, 2015
  • Current Sale Transaction ID: 1255834700
  • Current Sale Price: $835,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1522641057
  • Previous Sale Recording Date: Apr 06, 2001
  • Previous Sale Contract Date: Mar 28, 2001
  • Previous Sale Amount: $655,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Aug 14, 2015
  • First Mortgage Loan Amount: $626,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE PEOPLES BANK OF ARLINGTON
  • Previous Mortgage Transaction Date: Apr 06, 2001
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Apr 01, 2006

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Frequently Asked Questions

What neighborhood is 1309 West Wolfram Street located in?
The 1309 West Wolfram Street is a located in the neighborhood of Lakeview in North Side, Chicago.
What is the average sales price for listings in 1309 West Wolfram Street?
The average sales price for units in 1309 West Wolfram Street is $0 currently.

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