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1509 North Luna Avenue

1509 North Luna Avenue, Chicago, IL 60651
Property in North Austin
Sold Aug 30, 2021
$325,000
$319,113 by Loandepot.com Llc
Mortgage Due Sep 01, 2051
Sold Apr 27, 2016
$225,500
$221,408 by Guaranteed Rate Inc
Mortgage Due May 01, 2046
1509 North Luna Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1509 North Luna Avenue has 1,163 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,840 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 1509 North Luna Avenue was last sold in Jul 19, 2021 for $325,000. According to our calculations, that's $279.45 per sqft. Prior to that sales transaction, the property was sold for $225,500 in Apr 20, 2016. Current property owners are expected to pay $3,908 in taxes per year. The property on 1509 North Luna Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,000. To break that down further, the land itself was valued at $3,840. While improvements to the property were assessed at a total of $15,160. 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,840
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,163
  • Gross Building Area: 1,163
  • Building Area: 1,163
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,163
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEENEYS HIGHLANDS ADD TO AUSTIN
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KEENEYS)(HIGHLANDS) ADD TO (AUSTIN) SUB OF NH NW NW SEC 04-39-13

Ownership

  • Current Owner : COBBINS CEDERICK V
  • Previous Owner : TATE BRIAN
  • Previous Owner 2: DAVIS YOLANDA
  • Owner Before Previous Owner: ARCOS CLAUDIO ALVARADO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 250700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 021-102-01
  • District: 77
  • Parcel: 16-04-101-021-0000
  • Block: 3
  • Lot: 23
  • Meridian: SEC 04 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9079
  • Longitude: -87.7643

    Address

  • Full Address: 1509 N Luna Ave
  • Address - House Number: 1509
  • Street Direction: N
  • Address - Street Name: Luna
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 1265
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,908
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 294,481
  • High Value: 364,780
  • Low Value: 224,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,113
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $319,113
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $38,400
  • Market Improvement Value: $151,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,840
  • Assessed Improvements Value: $15,160

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11853834852
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2124206174
  • Previous Sale Recording Date: Apr 27, 2016
  • Previous Sale Contract Date: Apr 20, 2016
  • Previous Sale Amount: $225,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Aug 30, 2021
  • First Mortgage Loan Amount: $319,113
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Apr 27, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $221,408
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2046

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1509 North Luna Avenue located in?
The 1509 North Luna Avenue is a located in the neighborhood of North Austin in Northwest Side, Chicago.
What is the average sales price for listings in 1509 North Luna Avenue?
The average sales price for units in 1509 North Luna Avenue is $0 currently.

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