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1958 Fargo Avenue

1958 Fargo Avenue, Des Plaines, IL 60018
Property in Maine
Sold Oct 20, 2020
$256,500
$243,318 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2050
Sold Sep 03, 2002
Transfer
$207,009 by First Home Mtg
Mortgage Due Sep 01, 2017
1958 Fargo Avenue has been categorized by the local assessors in Des Plaines, IL as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1958 Fargo Avenue has 900 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 1,200 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Jul 27, 2020 for $256,500. That's $285.00 per sqft. 1958 Fargo Avenue was last assessed in 2023. The total value of the property was assessed at $24,000. Specifically, the land the property is located on was valued at $5,400. While improvements on the property were assessed at a total of $18,600. 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 $5,295. 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. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SALINGERS TOUHY AVE SUB
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WELWYN) RESUB OF ALL BLKS 4-6 EX LTS 9-11 BLK 6 TOGE THER WITH VAC FARGO AVE & LAGRANGE ST IN SALINGERS TOUHY AVE SUB PT OF

Ownership

  • Current Owner : MARGARIJO FRANZ ANTHONY
  • Current Owner 2: MARGARIJO MAE JADE
  • Previous Owner : PAGAN BENITO
  • Previous Owner 2: PAGAN EMMA Y
  • Owner Before Previous Owner: CHAVEZ HECTOR
  • Owner Before Previous Owner 2: CHAVEZ GUILLERMINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806502

Geography

  • District: 22
  • Parcel: 09-28-306-041-0000
  • Block: 4-6
  • Lot: 9-11
  • Meridian: SEC 08 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0143
  • Longitude: -87.8757

    Address

  • Full Address: 1958 Fargo Ave
  • Address - House Number: 1958
  • Address - Street Name: Fargo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C018
  • 4-Digit Zip Code: 3163
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,295
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 303,812
  • High Value: 374,112
  • Low Value: 233,511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,318
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $243,318
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $54,000
  • Market Improvement Value: $186,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $18,600

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11793711182
  • Current Sale Price: $256,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029240080
  • Previous Sale Recording Date: Sep 03, 2002
  • Previous Sale Contract Date: Aug 29, 2002
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $243,318
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOME MTG
  • Previous Mortgage Transaction Date: Sep 03, 2002
  • Previous Mortgage Loan Amount: $207,009
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2017

About Des Plaines



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Frequently Asked Questions

What neighborhood is 1958 Fargo Avenue located in?
The 1958 Fargo Avenue is a located in the neighborhood of Maine in Des Plaines, Des Plaines.
What is the average sales price for listings in 1958 Fargo Avenue?
The average sales price for units in 1958 Fargo Avenue is $0 currently.

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