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1637 Harbor Avenue

1637 Harbor Avenue, Calumet City, IL 60409
Multifamily in Calumet City
Sold Sep 28, 2021
$295,000
$289,656 by Guaranteed Rate Affinity Llc
Mortgage Due Sep 01, 2051
Sold Oct 24, 2019
$77,000
Local assessors in Calumet City, IL have categorized 1637 Harbor Avenue as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 400 ft and the front of the lot was measured at 1,250 ft. 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 18 rooms in the home. Of these, 9 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 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 1637 Harbor Avenue has a total of 5,220 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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 asphalt. 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 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, 1637 Harbor Avenue sold most recently in Aug 18, 2021 for a total of $295,000. If you work out the math, that's approximately a cost of $56.51 per sqft. Before that, the property was also sold for $77,000 in Jun 4, 2019. 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 $12,718 in taxes each year. 1637 Harbor Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,000. If we break it down further, the land itself was valued at $2,250. Improvements to the property, however, were assessed at a total of $25,750. 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. 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. 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: 1975
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Business/Commerical Units Count: 21
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 5,220
  • Gross Building Area: 5,220
  • Building Area: 5,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOWNS ADD TO CALUMET
  • Land Acres: 0.115
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: M M (DOWNS) ADD TO (CALUMET) CITY SUB OF PT WH SE SEC 01-36-14

Ownership

  • Current Owner : ODEYALE RAOLAT
  • Previous Owner : AMBER INVESTMENTS INC
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dolton School District 149
  • Census Tract: 825801

Geography

  • District: 37
  • Parcel: 29-01-420-017-0000
  • Lot: 77
  • Meridian: SEC 01 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6334
  • Longitude: -87.5656

    Address

  • Full Address: 1637 Harbor Ave
  • Address - House Number: 1637
  • Address - Street Name: Harbor
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Calumet City
  • Carrier Code: C024
  • 4-Digit Zip Code: 1788
  • Zip Code: 60409

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,718
  • Tax Rate Code Area: 37026

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 255,778
  • High Value: 321,134
  • Low Value: 190,421

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $325,616
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $289,656
  • 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
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Dec 23, 2022
  • Second Open Lien Mortgage Loan Amount: $35,960
  • Second Open Lien Mortgage Term: 344
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $22,500
  • Market Improvement Value: $257,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $2,250
  • Assessed Improvements Value: $25,750

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11857852200
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2127134105
  • Previous Sale Recording Date: Oct 24, 2019
  • Previous Sale Contract Date: Jun 04, 2019
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $289,656
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Calumet City



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14830 Cottage Grove Avenue, Dolton, IL, 60419 Listing by Sam Burks

Frequently Asked Questions

What neighborhood is 1637 Harbor Avenue located in?
The 1637 Harbor Avenue is a multifamily located in the neighborhood of Calumet City in Calumet City, Calumet City.
What is the average sales price for listings in 1637 Harbor Avenue?
The average sales price for units in 1637 Harbor Avenue is $0 currently.

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