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1723 West Diversey Parkway

1723 West Diversey Parkway, Chicago, IL 60614
Property in Lathrop
Sold Sep 22, 2016
$499,000
$399,200 by Academy Mortgage Corp
Mortgage Due Oct 01, 2046
Sold Oct 21, 2005
$490,000
$290,000 by Draper & Kramer Mortgage Corp
Mortgage Due Oct 01, 2035
Local assessors in Chicago, IL have categorized 1723 West Diversey Parkway as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 42,723 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style.

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. The property was last sold in Sep 16, 2016 for $499,000. Prior to that sales transaction, the property was also sold in Sep 30, 2005 for $490,000. 1723 West Diversey Parkway was last assessed in 2023. The total value of the property was assessed at $53,000. Specifically, the land the property is located on was valued at $21,970. While improvements on the property were assessed at a total of $31,030. 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 $10,197. 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: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,723
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW COMMONS TWNHM CONDO
  • Land Acres: 0.981
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : BERHINIG DANIEL R
  • Current Owner 2: BERHINIG KAREN M
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Owner Before Previous Owner: BROWN CHRISTOPHER C
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070700

Zoning

  • Zoning: RM-5,RT-4

Geography

  • District: 73
  • Parcel: 14-30-403-092-1005
  • Lot: 1
  • Meridian: SEC 30 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9319
  • Longitude: -87.6713

    Address

  • Full Address: 1723 W Diversey Pkwy
  • Address - House Number: 1723
  • Street Direction: W
  • Address - Street Name: Diversey
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Chicago
  • Carrier Code: C066
  • 4-Digit Zip Code: 1009
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,197
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 590,523
  • High Value: 696,275
  • Low Value: 484,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,200
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 22, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $399,200
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $530,000
  • Market Land Value: $219,700
  • Market Improvement Value: $310,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,000
  • Assessed Land Value: $21,970
  • Assessed Improvements Value: $31,030

    Sales

  • Current Sale Contract Date: Sep 16, 2016
  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Transaction ID: 1775789977
  • Current Sale Price: $499,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1626656085
  • Previous Sale Recording Date: Oct 21, 2005
  • Previous Sale Contract Date: Sep 30, 2005
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 22, 2016
  • First Mortgage Loan Amount: $399,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 21, 2005
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

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Frequently Asked Questions

What neighborhood is 1723 West Diversey Parkway located in?
The 1723 West Diversey Parkway is a located in the neighborhood of Lathrop in North Side, Chicago.
What is the average sales price for listings in 1723 West Diversey Parkway?
The average sales price for units in 1723 West Diversey Parkway is $0 currently.

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