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1657 North Tripp Avenue

1657 North Tripp Avenue, Chicago, IL 60639
Property in Hermosa
Sold Nov 19, 2019
$300,000
$294,467 by Cibc Bank Usa
Mortgage Due Dec 01, 2049
Sold May 02, 2019
$175,500
1657 North Tripp 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 1895 and is 129 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1657 North Tripp Avenue has 1,732 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 1,250 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,382 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 is one available parking space. 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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1657 North Tripp Avenue was last sold in Nov 14, 2019 for $300,000. According to our calculations, that's $173.21 per sqft. Prior to that sales transaction, the property was sold for $175,500 in Apr 24, 2019. Current property owners are expected to pay $4,234 in taxes per year. The property on 1657 North Tripp Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $24,000. To break that down further, the land itself was valued at $8,764. While improvements to the property were assessed at a total of $15,236. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,382
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,732
  • Gross Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARFIELD SUB
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (GARFIELD) SUB OF EX W307FT OF N631.75FT & W333FT OF S1295FT THEREOF SE SEC 34-40-13

Ownership

  • Current Owner : ESPINOZA JORGE ABARCA
  • Current Owner 2: GONZALES ANGELICA MIRANDA
  • Previous Owner : V & T INVESTMENT CORP
  • Owner Before Previous Owner: MORALES DAMARIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 230500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-34-426-001-0000
  • Block: 29
  • Lot: 1
  • Meridian: SEC 34 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9115
  • Longitude: -87.7322

    Address

  • Full Address: 1657 N Tripp Ave
  • Address - House Number: 1657
  • Street Direction: N
  • Address - Street Name: Tripp
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C016
  • 4-Digit Zip Code: 4832
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,234
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2739
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 426,347
  • High Value: 543,129
  • Low Value: 309,565

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,467
  • First Open Lien Mortgage Lender: CIBC BANK USA
  • First Open Lien Mortgage Recording Date: Nov 19, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $294,467
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $87,640
  • Market Improvement Value: $152,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $8,764
  • Assessed Improvements Value: $15,236

    Sales

  • Current Sale Contract Date: Nov 14, 2019
  • Current Sale Recording Date: Nov 19, 2019
  • Current Sale Transaction ID: 11679703169
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1932308514
  • Previous Sale Recording Date: May 02, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $175,500
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBC BANK USA
  • First Mortgage Transaction Date: Nov 19, 2019
  • First Mortgage Loan Amount: $294,467
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1657 North Tripp Avenue located in?
The 1657 North Tripp Avenue is a located in the neighborhood of Hermosa in Northwest Side, Chicago.
What is the average sales price for listings in 1657 North Tripp Avenue?
The average sales price for units in 1657 North Tripp Avenue is $0 currently.

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