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1622 Maple Avenue

1622 Maple Avenue, Berwyn, IL 60402
Multifamily in Berwyn
Sold Oct 09, 2020
$250,000
Sold Jun 25, 2012
$55,000
$75,000 by Mb Financial Bank Na
Mortgage Due Jul 01, 2042
Local assessors in Berwyn, IL have categorized 1622 Maple Avenue as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 4,080 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 12 rooms in the home. Of these, 6 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 1622 Maple Avenue has a total of 2,609 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 detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. 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 tar and gravel. Lots of masonry 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 hot water heating system is the primary heating source. 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, 1622 Maple Avenue sold most recently in Jul 29, 2020 for a total of $250,000. If you work out the math, that's approximately a cost of $95.82 per sqft. Before that, the property was also sold for $55,000 in Jun 4, 2012. 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 $9,386 in taxes each year. 1622 Maple Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,000. If we break it down further, the land itself was valued at $6,120. Improvements to the property, however, were assessed at a total of $26,880. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
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: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,080
  • Total Building Area: 2,609
  • Gross Building Area: 2,609
  • Building Area: 2,609
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,609
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD TO WALTER G MCINTOSHS METROPOL
  • Land Acres: 0.094
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (FIRST) ADD TO WALTER G (MCINTOSHS)(METROPOLITAN) ELE VATED SUB A SUB NH SW SEC 19-39-13

Ownership

  • Current Owner : TOVAR MARIA
  • Previous Owner : ROMANELLI GERALD A
  • Previous Owner 2: ROMANELLI CARMELITA M
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berwyn North School District 98
  • Census Tract: 814800

Geography

  • District: 11
  • Parcel: 16-19-300-028-0000
  • Block: 8
  • Lot: 13
  • Meridian: SEC 19 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.857
  • Longitude: -87.8029

    Address

  • Full Address: 1622 Maple Ave
  • Address - House Number: 1622
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C020
  • 4-Digit Zip Code: 1546
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,386
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 337,697
  • High Value: 388,667
  • Low Value: 286,726

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $61,200
  • Market Improvement Value: $268,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $6,120
  • Assessed Improvements Value: $26,880

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11791703919
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2028321076
  • Previous Sale Recording Date: Jun 25, 2012
  • Previous Sale Contract Date: Jun 04, 2012
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 09, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MB FINANCIAL BANK NA
  • Previous Mortgage Transaction Date: Jun 25, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Berwyn



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Frequently Asked Questions

What neighborhood is 1622 Maple Avenue located in?
The 1622 Maple Avenue is a multifamily located in the neighborhood of Berwyn in Berwyn, Berwyn.
What is the average sales price for listings in 1622 Maple Avenue?
The average sales price for units in 1622 Maple Avenue is $0 currently.

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