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1338 Marengo Avenue

1338 Marengo Avenue, Forest Park, IL 60130
Multifamily in Proviso
Sold Oct 28, 2021
$350,000
$280,000 by Citizens Bank Na
Mortgage Due Nov 01, 2051
Sold Jul 24, 2019
$271,000
$266,091 by The Federal Savings Bank
Mortgage Due Aug 01, 2049
Local assessors in Forest Park, IL have categorized 1338 Marengo Avenue as a residential type of property. The home was built in 1913 and is 111 years old. The property's lot size has been calculated to be 3,125 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 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 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 1338 Marengo Avenue has a total of 1,920 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 no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 stucco 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, 1338 Marengo Avenue was last sold in Oct 1, 2021 for $350,000. According to our calculations, that's $182.29 per sqft. Prior to that sales transaction, the property was sold for $271,000 in Jul 19, 2019. Current property owners are expected to pay $9,543 in taxes per year. The property on 1338 Marengo Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,000. To break that down further, the land itself was valued at $2,344. While improvements to the property were assessed at a total of $27,656. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Multifamily
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Business/Commerical Units Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRADISH & MIZNERS ADD TO RIVERSIDE
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (BRADISH) & (MIZNERS) ADD TO (RIVERSIDE) A SUB IN SEC 24-39-12

Ownership

  • Current Owner : WHITTY DAVID J
  • Current Owner 2: RAFIEL STEPHANIE L
  • Previous Owner : TOBAR OSCAR C
  • Owner Before Previous Owner: MARZULLO MICHAEL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816100

Geography

  • District: 31
  • Parcel: 15-24-207-016-0000
  • Block: 7
  • Lot: 29
  • Meridian: SEC 24 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8617
  • Longitude: -87.8062

    Address

  • Full Address: 1338 Marengo Ave
  • Address - House Number: 1338
  • Address - Street Name: Marengo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Forest Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 2919
  • Zip Code: 60130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,543
  • Tax Rate Code Area: 31038

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 326,584
  • High Value: 375,877
  • Low Value: 277,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $23,440
  • Market Improvement Value: $276,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $2,344
  • Assessed Improvements Value: $27,656

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11863506510
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2130125238
  • Previous Sale Recording Date: Jul 24, 2019
  • Previous Sale Contract Date: Jul 19, 2019
  • Previous Sale Amount: $271,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 24, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $266,091
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 1338 Marengo Avenue located in?
The 1338 Marengo Avenue is a multifamily located in the neighborhood of Proviso in Forest Park, Forest Park.
What is the average sales price for listings in 1338 Marengo Avenue?
The average sales price for units in 1338 Marengo Avenue is $0 currently.

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