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1731 North Luna Avenue

1731 North Luna Avenue, Chicago, IL 60639
Property in North Austin
Sold Jan 08, 2015
$165,000
$162,011 by Sun West Mortgage Company Inc
Mortgage Due Jan 01, 2045
Sold Oct 15, 2013
$70,000
1731 North Luna 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 1927 and is 97 years old. The home has a total of 10 rooms. 6 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, 1731 North Luna Avenue has 2,234 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 250 ft. The area measurement of the land has been determined as 3,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 are a total of 2 available parking spaces. 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 masonry 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 masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 1731 North Luna Avenue sold most recently in Dec 23, 2014 for a total of $165,000. If you work out the math, that's approximately a cost of $73.86 per sqft. Before that, the property was also sold for $70,000 in Sep 27, 2013. 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 $4,027 in taxes each year. 1731 North Luna Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,000. If we break it down further, the land itself was valued at $5,625. Improvements to the property, however, were assessed at a total of $17,375. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,234
  • Gross Building Area: 2,234
  • Building Area: 2,234
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,234
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLS & SONS NORTH AVE & CENTRAL
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MILLS) & SONS (NORTH) AVE & (CENTRAL) AVE SUB IN SW SEC 33-40-13

Ownership

  • Current Owner : RAMIREZ SANDRA
  • Current Owner 2: RAMIREZ ULISES CARNALLA
  • Previous Owner : STRATA INVESTMENTS LLC 1731 N LUNA
  • Owner Before Previous Owner: HAYWARD PC CHAD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 250300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-33-312-010-0000
  • Block: 9
  • Lot: 31
  • Meridian: SEC 33 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9122
  • Longitude: -87.7639

    Address

  • Full Address: 1731 N Luna Ave
  • Address - House Number: 1731
  • Street Direction: N
  • Address - Street Name: Luna
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 4225
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,027
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 373,357
  • High Value: 468,756
  • Low Value: 277,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,011
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Jan 08, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $162,011
  • 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: Jan 01, 2045

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $56,250
  • Market Improvement Value: $173,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $5,625
  • Assessed Improvements Value: $17,375

    Sales

  • Current Sale Contract Date: Dec 23, 2014
  • Current Sale Recording Date: Jan 08, 2015
  • Current Sale Transaction ID: 1176556934
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1500810092
  • Previous Sale Recording Date: Oct 15, 2013
  • Previous Sale Contract Date: Sep 27, 2013
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Jan 08, 2015
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1731 North Luna Avenue located in?
The 1731 North Luna Avenue is a located in the neighborhood of North Austin in Northwest Side, Chicago.
What is the average sales price for listings in 1731 North Luna Avenue?
The average sales price for units in 1731 North Luna Avenue is $0 currently.

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