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1916 North 74th Avenue

1916 North 74th Avenue, Elmwood Park, IL 60707
Property in Elmwood Park
Sold Jun 24, 2009
$177,000
$173,695 by Pillar Financial Llc
Mortgage Due Jun 01, 2039
Sold Jan 08, 2009
Transfer
Local assessors in Elmwood Park, IL have categorized 1916 North 74th Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 4,375 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 330 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1916 North 74th Avenue has a total of 1,148 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1916 North 74th Avenue sold most recently in May 26, 2009 for a total of $177,000. If you work out the math, that's approximately a cost of $154.18 per sqft. 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 $7,511 in taxes each year. 1916 North 74th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000. If we break it down further, the land itself was valued at $5,906. Improvements to the property, however, were assessed at a total of $23,094. 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: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,148
  • Gross Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MONT CLARE HILLSIDE FIRST
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (MONT)(CLARE)(HILLSIDE)(FIRST) ADD SUB OF NH NW SE SEC 36-40-12

Ownership

  • Current Owner : OBREGON LUNA HECTOR J
  • Current Owner 2: PEREZ LAGOS MARIA D
  • Previous Owner : HSBC BANK USA NATIONAL ASSOCIATION
  • Owner Before Previous Owner: SAKER SHERIF M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elmwood Park Community Unit School District 401
  • Census Tract: 810900

Geography

  • District: 20
  • Parcel: 12-36-403-011-0000
  • Lot: 4
  • Meridian: SEC 36 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.915
  • Longitude: -87.8111

    Address

  • Full Address: 1916 N 74th Ave
  • Address - House Number: 1916
  • Street Direction: N
  • Address - Street Name: 74th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elmwood Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 3725
  • Zip Code: 60707

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,511
  • Tax Rate Code Area: 20031

    Appraisal Valuation

  • Standard Deviation: 0.2485
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 334,045
  • High Value: 417,067
  • Low Value: 251,022

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $202,665
  • First Open Lien Mortgage Lender: PILLAR FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jun 24, 2009
  • First Open Lien Mortgage Loan Amount: $173,695
  • 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: Jun 01, 2039
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 22, 2021
  • Second Open Lien Mortgage Loan Amount: $28,970
  • Second Open Lien Mortgage Term: 210
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2039

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $59,060
  • Market Improvement Value: $230,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $5,906
  • Assessed Improvements Value: $23,094

    Sales

  • Current Sale Contract Date: May 26, 2009
  • Current Sale Recording Date: Jun 24, 2009
  • Current Sale Transaction ID: 1073375138
  • Current Sale Price: $177,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 0917512012
  • Previous Sale Recording Date: Jan 08, 2009
  • Previous Sale Contract Date: Dec 18, 2008
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: PILLAR FINANCIAL LLC
  • First Mortgage Transaction Date: Jun 24, 2009
  • First Mortgage Loan Amount: $173,695
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2039

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Frequently Asked Questions

What neighborhood is 1916 North 74th Avenue located in?
The 1916 North 74th Avenue is a located in the neighborhood of Elmwood Park in Elmwood Park, Elmwood Park.
What is the average sales price for listings in 1916 North 74th Avenue?
The average sales price for units in 1916 North 74th Avenue is $0 currently.

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