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1511 Marengo Avenue

1511 Marengo Avenue, Forest Park, IL 60130
Property in Proviso
Sold Jun 11, 2021
$330,000
$324,022 by Waterman State Bank
Mortgage Due Jul 01, 2051
Sold Apr 30, 2013
Transfer
1511 Marengo Avenue in Forest Park, IL was first built in 1926 and is 98 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, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1511 Marengo Avenue has 1,387 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 300 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 3,780 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 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 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, 1511 Marengo Avenue was last sold in Jun 4, 2021 for $330,000. According to our calculations, that's $237.92 per sqft. Current property owners are expected to pay $0 in taxes per year. The property on 1511 Marengo Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,000. To break that down further, the land itself was valued at $2,835. While improvements to the property were assessed at a total of $31,165. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 3,780
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,387
  • Gross Building Area: 1,387
  • Building Area: 1,387
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,387
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIZNERS ADD
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ROOS) RESUB OF LTS1-20 IN BLK 14 & 25-48 IN BLK15 IN BRADISH & MIZNERS ADD TO RIVERSIDE IN SEC 24 SEC 24-39-12

Ownership

  • Current Owner : GERMANY TAMERA
  • Previous Owner : ARCTURUS CAPITAL MANAGEMENT LLC
  • Owner Before Previous Owner: MINEFEE RALPH E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 31
  • Parcel: 15-24-214-023-0000
  • Block: 14,15
  • Lot: 1-20
  • Meridian: SEC 24 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.859
  • Longitude: -87.8068

    Address

  • Full Address: 1511 Marengo Ave
  • Address - House Number: 1511
  • Address - Street Name: Marengo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Forest Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 2623
  • Zip Code: 60130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 31038

    Appraisal Valuation

  • Standard Deviation: 0.2345
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 351,016
  • High Value: 433,332
  • Low Value: 268,699

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $340,841
  • First Open Lien Mortgage Lender: WATERMAN STATE BANK
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $324,022
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Oct 19, 2023
  • Second Open Lien Mortgage Loan Amount: $16,819
  • Second Open Lien Mortgage Term: 332
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $28,350
  • Market Improvement Value: $311,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $2,835
  • Assessed Improvements Value: $31,165

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11839491025
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2116208194
  • Previous Sale Recording Date: Apr 30, 2013
  • Previous Sale Contract Date: Apr 22, 2013
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERMAN STATE BANK
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $324,022
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Forest Park



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Frequently Asked Questions

What neighborhood is 1511 Marengo Avenue located in?
The 1511 Marengo Avenue is a located in the neighborhood of Proviso in Forest Park, Forest Park.
What is the average sales price for listings in 1511 Marengo Avenue?
The average sales price for units in 1511 Marengo Avenue is $0 currently.

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