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1706 North Tripp Avenue

1706 North Tripp Avenue, Chicago, IL 60639
Property in Hermosa
Sold Jul 11, 2023
$260,000
$195,000 by First National Bank Of America
Mortgage Due Jul 20, 2053
Sold Apr 30, 2009
$70,500
1706 North Tripp Avenue in Chicago, IL was first built in 1902 and is 122 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 multifamily style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1706 North Tripp Avenue has 1,392 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 250 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 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 3 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jul 1, 2023 for $260,000. That's $186.78 per sqft. Prior to that sales transaction, the property was also sold in Mar 24, 2009 for $70,500. 1706 North Tripp Avenue was last assessed in 2023. The total value of the property was assessed at $19,000. Specifically, the land the property is located on was valued at $6,250. While improvements on the property were assessed at a total of $12,750. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,909. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • 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
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GARFIELD SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (GARFIELD) SUB OF EX W307FT OF N631.75FT & W333FT OF S1295FT THEREOF SE SEC 34-40-13

Ownership

  • Current Owner : HERNANDEZ JOSE ALBERTO HERN
  • Previous Owner : MALDONADO GALO E
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

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: 13-34-417-022-0000
  • Block: 19
  • Lot: 27
  • Meridian: SEC 34 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9119
  • Longitude: -87.7329

    Address

  • Full Address: 1706 N Tripp Ave
  • Address - House Number: 1706
  • Street Direction: N
  • Address - Street Name: Tripp
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C016
  • 4-Digit Zip Code: 4862
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,909
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 353,701
  • High Value: 444,078
  • Low Value: 263,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Jul 11, 2023
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 20, 2053

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $62,500
  • Market Improvement Value: $127,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $12,750

    Sales

  • Current Sale Contract Date: Jul 01, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Transaction ID: 11909236764
  • Current Sale Price: $260,000
  • Current Sale Document Type: Deed of Guardian
  • Current Sale Input Document Number: 12029
  • Previous Sale Recording Date: Apr 30, 2009
  • Previous Sale Contract Date: Mar 24, 2009
  • Previous Sale Amount: $70,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF AMERICA
  • First Mortgage Transaction Date: Jul 11, 2023
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 20, 2053

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Frequently Asked Questions

What neighborhood is 1706 North Tripp Avenue located in?
The 1706 North Tripp Avenue is a located in the neighborhood of Hermosa in Northwest Side, Chicago.
What is the average sales price for listings in 1706 North Tripp Avenue?
The average sales price for units in 1706 North Tripp Avenue is $0 currently.

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