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1638 Oak Park Avenue

1638 Oak Park Avenue, Berwyn, IL 60402
Property in Berwyn
Sold Mar 02, 2022
Transfer
Sold Feb 06, 2013
$200,000
$196,377 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2043
Local assessors in Berwyn, IL have categorized 1638 Oak Park Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 4,760 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 15 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 3 full bathrooms. There are also 3 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 1638 Oak Park Avenue has a total of 2,326 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $200,000 in Nov 20, 2012. Current property owners are expected to pay $6,212 in taxes per year. The property on 1638 Oak Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,000. To break that down further, the land itself was valued at $7,140. While improvements to the property were assessed at a total of $30,860. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • 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: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,760
  • Total Building Area: 2,326
  • Gross Building Area: 2,326
  • Building Area: 2,326
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,326
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: W G MCINTOSH METROPOLITAN ELEV
  • Land Acres: 0.109
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : JACKSON REGINALD M
  • Current Owner 2: JACKSON CANDACE
  • Previous Owner : SANCHEZ JOSE M MUNOZ
  • Previous Owner 2: MUNOZ EDWY
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Berwyn North School District 98
  • Census Tract: 815000

Geography

  • District: 11
  • Parcel: 16-19-307-039-0000
  • Block: 1
  • Lot: 10,11
  • Meridian: SEC 19 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.8563
  • Longitude: -87.7939

    Address

  • Full Address: 1638 Oak Park Ave
  • Address - House Number: 1638
  • Address - Street Name: Oak Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1739
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,212
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 304,862
  • High Value: 350,876
  • Low Value: 258,847

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $71,400
  • Market Improvement Value: $308,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $7,140
  • Assessed Improvements Value: $30,860

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Mar 02, 2022
  • Current Sale Transaction ID: 11886605021
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2206149069
  • Previous Sale Recording Date: Feb 06, 2013
  • Previous Sale Contract Date: Nov 20, 2012
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Mar 02, 2022
  • First Mortgage Loan Amount: $422,211
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 06, 2013
  • Previous Mortgage Loan Amount: $196,377
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Berwyn



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Frequently Asked Questions

What neighborhood is 1638 Oak Park Avenue located in?
The 1638 Oak Park Avenue is a located in the neighborhood of Berwyn in Berwyn, Berwyn.
What is the average sales price for listings in 1638 Oak Park Avenue?
The average sales price for units in 1638 Oak Park Avenue is $0 currently.

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