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1425 Clarence Avenue

1425 Clarence Avenue, Berwyn, IL 60402
Property in Berwyn
Sold Oct 24, 2016
$225,000
$213,750 by Mb Financial Bank Na
Mortgage Due Nov 01, 2046
Sold Feb 16, 2016
$102,000
1425 Clarence Avenue in Berwyn, IL was first built in 1924 and is 100 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1425 Clarence Avenue has 1,932 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 340 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 4,284 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. 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, 1425 Clarence Avenue sold most recently in Oct 14, 2016 for a total of $225,000. If you work out the math, that's approximately a cost of $116.46 per sqft. Before that, the property was also sold for $102,000 in Jan 8, 2016. 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 $5,886 in taxes each year. 1425 Clarence Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,001. If we break it down further, the land itself was valued at $4,820. Improvements to the property, however, were assessed at a total of $25,181. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,284
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 340
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WELLS 16TH
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANK (WELLS)(16TH) ST SUB OF BLKS 37 60-61 IN SUB EX S 300ACS SEC 19-39-13

Ownership

  • Current Owner : ORTEGA ALBERTO M
  • Previous Owner : SATAS VICTOR
  • Previous Owner 2: SATAS TOMAS
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berwyn North School District 98
  • Census Tract: 814600

Geography

  • District: 11
  • Parcel: 16-19-219-011-0000
  • Block: 37
  • Lot: 35,35
  • Meridian: SEC 19 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.8606
  • Longitude: -87.7896

    Address

  • Full Address: 1425 Clarence Ave
  • Address - House Number: 1425
  • Address - Street Name: Clarence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1206
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,886
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 345,684
  • High Value: 427,639
  • Low Value: 263,729

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: MB FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Oct 24, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $213,750
  • 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, 2046

    Market Valuation

  • Market Total Value: $300,010
  • Market Land Value: $48,200
  • Market Improvement Value: $251,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,001
  • Assessed Land Value: $4,820
  • Assessed Improvements Value: $25,181

    Sales

  • Current Sale Contract Date: Oct 14, 2016
  • Current Sale Recording Date: Oct 24, 2016
  • Current Sale Transaction ID: 1829968675
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1629815002
  • Previous Sale Recording Date: Feb 16, 2016
  • Previous Sale Contract Date: Jan 08, 2016
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BANK NA
  • First Mortgage Transaction Date: Oct 24, 2016
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Berwyn



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Frequently Asked Questions

What neighborhood is 1425 Clarence Avenue located in?
The 1425 Clarence Avenue is a located in the neighborhood of Berwyn in Berwyn, Berwyn.
What is the average sales price for listings in 1425 Clarence Avenue?
The average sales price for units in 1425 Clarence Avenue is $0 currently.

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