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1830 West Farragut Avenue

1830 West Farragut Avenue, Chicago, IL 60640
Property in Bowmanville
Sold Dec 22, 2021
$1,270,000
$1,000,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2052
Sold Mar 12, 2015
$1,137,500
$910,000 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2045
1830 West Farragut Avenue in Chicago, IL was first built in 2016 and is 8 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 unknown. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1830 West Farragut Avenue has 2,696 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 3,150 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 2 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 central air conditioning. As for heating, the home 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, 1830 West Farragut Avenue sold most recently in Nov 16, 2021 for a total of $1,270,000. If you work out the math, that's approximately a cost of $471.07 per sqft. Before that, the property was also sold for $1,137,500 in Feb 26, 2015. 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 $18,631 in taxes each year. The initial year of tax delinquency occurred in 2021. 1830 West Farragut Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $94,000. If we break it down further, the land itself was valued at $25,200. Improvements to the property, however, were assessed at a total of $68,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,150
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,696
  • Gross Building Area: 2,696
  • Building Area: 2,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NICHOLAS MILLERS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JEWELL JOHN
  • Current Owner 2: NGUYEN NGAN KIM
  • Previous Owner : CAJIGAS HECTOR
  • Previous Owner 2: GUERRERO MAYRA
  • Owner Before Previous Owner: 1830 FARRAGUT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 17N-64-06
  • District: 73
  • Parcel: 14-07-222-014-0000
  • Block: 3
  • Lot: 10
  • Meridian: SEC 07 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9773
  • Longitude: -87.6761

    Address

  • Full Address: 1830 W Farragut Ave
  • Address - House Number: 1830
  • Street Direction: W
  • Address - Street Name: Farragut
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 1010
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,631
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,253,509
  • High Value: 1,542,038
  • Low Value: 964,979

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,079,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: EVERGREEN BANK GROUP
  • Second Open Lien Mortgage Recording Date: Dec 22, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $79,500
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 20, 2041

    Market Valuation

  • Market Total Value: $940,000
  • Market Land Value: $252,000
  • Market Improvement Value: $688,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,000
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $68,800

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11875623037
  • Current Sale Price: $1,270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2135606506
  • Previous Sale Recording Date: Mar 12, 2015
  • Previous Sale Contract Date: Feb 26, 2015
  • Previous Sale Amount: $1,137,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Mar 12, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $910,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2045

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Frequently Asked Questions

What neighborhood is 1830 West Farragut Avenue located in?
The 1830 West Farragut Avenue is a located in the neighborhood of Bowmanville in North Side, Chicago.
What is the average sales price for listings in 1830 West Farragut Avenue?
The average sales price for units in 1830 West Farragut Avenue is $0 currently.

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