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1823 North Wolcott Avenue

1823 North Wolcott Avenue, Chicago, IL 60622
Property in Bucktown
Sold Oct 24, 2013
$1,250,000
$665,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2046
Sold Jun 05, 2009
$1,475,000
$500,000 by Perl Mortgage Inc
Mortgage Due Jun 01, 2039
1823 North Wolcott 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 2005 and is 19 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1823 North Wolcott Avenue has 2,850 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 240 ft. The area measurement of the land has been determined as 3,000 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 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 tar and gravel. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1823 North Wolcott Avenue sold most recently in Oct 3, 2013 for a total of $1,250,000. If you work out the math, that's approximately a cost of $438.60 per sqft. Before that, the property was also sold for $1,475,000 in May 18, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $26,830 in taxes each year. 1823 North Wolcott Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $130,000. If we break it down further, the land itself was valued at $21,000. Improvements to the property, however, were assessed at a total of $109,000. 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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,850
  • Gross Building Area: 2,850
  • Building Area: 2,850
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,850
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHEFFIELDS ADD
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF BLKS17-18,20,23,28-31,33,38-41, BLK2 1 EX LTS1,6,12 & BLK32 EX LTS1-3,6-7 IN SHEFFIELDS ADD TO CHICAGO SUB I

Ownership

  • Current Owner : CASSATA CHRISTOPHER T
  • Current Owner 2: CASSATA KATHLEEN A
  • Previous Owner : CASTELLON SERGIO
  • Owner Before Previous Owner: MCGUIRE ERIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 831000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 14-31-410-010-0000
  • Block: 1,2,6
  • Lot: 1-3,6
  • Meridian: SEC 32 TWN 40N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9149
  • Longitude: -87.6748

    Address

  • Full Address: 1823 N Wolcott Ave
  • Address - House Number: 1823
  • Street Direction: N
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C043
  • 4-Digit Zip Code: 1005
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,830
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,506,263
  • High Value: 1,850,204
  • Low Value: 1,162,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $665,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 13, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $665,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Market Valuation

  • Market Total Value: $1,300,000
  • Market Land Value: $210,000
  • Market Improvement Value: $1,090,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,000
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $109,000

    Sales

  • Current Sale Contract Date: Oct 03, 2013
  • Current Sale Recording Date: Oct 24, 2013
  • Current Sale Transaction ID: 1083588207
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1329710000
  • Previous Sale Recording Date: Jun 05, 2009
  • Previous Sale Contract Date: May 18, 2009
  • Previous Sale Amount: $1,475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Oct 24, 2013
  • First Mortgage Loan Amount: $999,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PERL MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 05, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2039

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Frequently Asked Questions

What neighborhood is 1823 North Wolcott Avenue located in?
The 1823 North Wolcott Avenue is a located in the neighborhood of Bucktown in Northwest Side, Chicago.
What is the average sales price for listings in 1823 North Wolcott Avenue?
The average sales price for units in 1823 North Wolcott Avenue is $0 currently.

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