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1501 South Avers Avenue

1501 South Avers Avenue, Chicago, IL 60623
House in Lawndale
Sold Aug 12, 2019
$188,000
$184,594 by Compass Mortgage Inc
Mortgage Due Aug 01, 2049
Sold Jan 11, 2019
$73,500
1501 South Avers Avenue in Chicago, IL was first built in 2008 and is 16 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 unknown. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1501 South Avers Avenue has 1,439 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. In total, the area measurement of the land is 3,114 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. 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, 1501 South Avers Avenue was last sold in Jun 17, 2019 for $188,000. According to our calculations, that's $130.65 per sqft. Prior to that sales transaction, the property was sold for $73,500 in Dec 28, 2018. Current property owners are expected to pay $2,683 in taxes per year. The property on 1501 South Avers Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,000. To break that down further, the land itself was valued at $3,659. While improvements to the property were assessed at a total of $9,341. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,114
  • Total Building Area: 1,439
  • Gross Building Area: 1,439
  • Building Area: 1,439
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,439
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOUGLAS PARK BLVD BOHEMIAN
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARTINEZ EVELYN M
  • Previous Owner : FIVE RIVERS PETROLEUM LLC
  • Owner Before Previous Owner: MIDFIRST BANK

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 838700

Zoning

  • Zoning: RT-4

Geography

  • District: 77
  • Parcel: 16-23-125-026-0000
  • Municipality: WEST CHICAGO
  • Latitude: 41.8606
  • Longitude: -87.721

    Address

  • Full Address: 1501 S Avers Ave
  • Address - House Number: 1501
  • Street Direction: S
  • Address - Street Name: Avers
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C032
  • 4-Digit Zip Code: 2042
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,683
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2522
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 234,991
  • High Value: 294,262
  • Low Value: 175,720

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,594
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 12, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $184,594
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $36,590
  • Market Improvement Value: $93,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $3,659
  • Assessed Improvements Value: $9,341

    Sales

  • Current Sale Contract Date: Jun 17, 2019
  • Current Sale Recording Date: Aug 12, 2019
  • Current Sale Transaction ID: 11635181692
  • Current Sale Price: $188,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1922417006
  • Previous Sale Recording Date: Jan 11, 2019
  • Previous Sale Contract Date: Dec 28, 2018
  • Previous Sale Amount: $73,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: Aug 12, 2019
  • First Mortgage Loan Amount: $184,594
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1501 South Avers Avenue located in?
The 1501 South Avers Avenue is a house located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 1501 South Avers Avenue?
The average sales price for units in 1501 South Avers Avenue is $0 currently.

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