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1321 North 32nd Avenue

1321 North 32nd Avenue, Melrose Park, IL 60160
Property in Proviso
Sold Jan 03, 2019
$200,500
$159,000 by The Federal Savings Bank
Mortgage Due Feb 01, 2037
Local assessors in Melrose Park, IL have categorized 1321 North 32nd Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 10,125 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 2 partial bathrooms. 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 1321 North 32nd Avenue has a total of 1,316 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 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. 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, 1321 North 32nd Avenue was last sold in Dec 20, 2018 for $200,500. According to our calculations, that's $152.36 per sqft. Current property owners are expected to pay $5,785 in taxes per year. The property on 1321 North 32nd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,000. To break that down further, the land itself was valued at $6,328. While improvements to the property were assessed at a total of $18,672. 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. 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!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: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,125
  • Total Building Area: 1,316
  • Gross Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HENRY SOFFELS 01 ADD/MELROSE
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MANQUEROS JOSE T
  • Current Owner 2: MANQUEROS MARIA D
  • Previous Owner : ADAM CARON D
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816500

Geography

  • District: 31
  • Parcel: 15-04-401-027-0000
  • Block: 1
  • Lot: 8
  • Meridian: SEC 04 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8992
  • Longitude: -87.8722

    Address

  • Full Address: 1321 N 32nd Ave
  • Address - House Number: 1321
  • Street Direction: N
  • Address - Street Name: 32nd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Melrose Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 2805
  • Zip Code: 60160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,785
  • Tax Rate Code Area: 31018

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 261,601
  • High Value: 321,335
  • Low Value: 201,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,000
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $159,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2037

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $63,280
  • Market Improvement Value: $186,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $6,328
  • Assessed Improvements Value: $18,672

    Sales

  • Current Sale Contract Date: Dec 20, 2018
  • Current Sale Recording Date: Jan 03, 2019
  • Current Sale Transaction ID: 11551571234
  • Current Sale Price: $200,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1900308054

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Jan 03, 2019
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1321 North 32nd Avenue located in?
The 1321 North 32nd Avenue is a located in the neighborhood of Proviso in Melrose Park, Melrose Park.
What is the average sales price for listings in 1321 North 32nd Avenue?
The average sales price for units in 1321 North 32nd Avenue is $0 currently.

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