Check Availability

2048 North Newcastle Avenue

2048 North Newcastle Avenue, Elmwood Park, IL 60707
Property in Galewood
Sold Dec 28, 2016
$253,500
$253,500 by Navy Fcu
Mortgage Due Jan 01, 2047
Sold Jul 14, 2011
$191,000
$181,213 by Standard Bank & Trust Co
Mortgage Due Jul 01, 2041
2048 North Newcastle Avenue has been categorized by the local assessors in Elmwood Park, IL as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2048 North Newcastle Avenue has 1,248 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,125 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 asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with 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, 2048 North Newcastle Avenue sold most recently in Dec 14, 2016 for a total of $253,500. If you work out the math, that's approximately a cost of $203.13 per sqft. Before that, the property was also sold for $191,000 in Jun 28, 2011. 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 $0 in taxes each year. 2048 North Newcastle Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,001. If we break it down further, the land itself was valued at $10,313. Improvements to the property, however, were assessed at a total of $12,688. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 4,125
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITES FIRST RUTHERFORDS
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J E (WHITES)(FIRST)(RUTHERFORDS) PARK ADD SUB OF PT O F E2/3 OF SE NW SEC 31-40-13

Ownership

  • Current Owner : WALLACE TIMOTHY
  • Current Owner 2: WALLACE ANDREA
  • Previous Owner : BOGGS DANIEL E
  • Owner Before Previous Owner: SKORIN YURII
  • Owner Before Previous Owner 2: SKORIN LEONID
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 250500

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-31-129-041-0000
  • Block: 4,4
  • Lot: 3,3
  • Meridian: SEC 31 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9178
  • Longitude: -87.7966

    Address

  • Full Address: 2048 N Newcastle Ave
  • Address - House Number: 2048
  • Street Direction: N
  • Address - Street Name: Newcastle
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C032
  • 4-Digit Zip Code: 3332
  • Zip Code: 60707

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 346,997
  • High Value: 426,230
  • Low Value: 267,763

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $253,500
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Dec 28, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $253,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $230,010
  • Market Land Value: $103,130
  • Market Improvement Value: $126,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,001
  • Assessed Land Value: $10,313
  • Assessed Improvements Value: $12,688

    Sales

  • Current Sale Contract Date: Dec 14, 2016
  • Current Sale Recording Date: Dec 28, 2016
  • Current Sale Transaction ID: 1905113585
  • Current Sale Price: $253,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1636318031
  • Previous Sale Recording Date: Jul 14, 2011
  • Previous Sale Contract Date: Jun 28, 2011
  • Previous Sale Amount: $191,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Dec 28, 2016
  • First Mortgage Loan Amount: $253,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: STANDARD BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jul 14, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $181,213
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2041

About Northwest Side



Similar Buildings

Property at 2048 North Newcastle Avenue,

1858 North Sayre Avenue

  • 1 Unit for Sale
  • 1 Story
1858 North Sayre Avenue, Elmwood Park, IL 60707 House in Galewood
Property at 2048 North Newcastle Avenue,

1739 North Oak Park Avenue

  • 1 Unit for Sale
  • 2 Stories
1739 North Oak Park Avenue, Elmwood Park, IL 60707 Multifamily in Galewood
Property at 2048 North Newcastle Avenue,

7112 West Belden Avenue

  • 1 Unit for Sale
  • 2 Stories
7112 West Belden Avenue, Elmwood Park, IL 60707 House in Galewood
Property at 2048 North Newcastle Avenue,

2415 North Newcastle Avenue

  • 1 Unit for Sale
  • 1 Story
2415 North Newcastle Avenue, Elmwood Park, IL 60707 House in Galewood
Property at 2048 North Newcastle Avenue,

1637 North Newland Avenue

  • 1 Unit for Sale
  • 1 Story
1637 North Newland Avenue, Elmwood Park, IL 60707 House in Galewood
Property at 2048 North Newcastle Avenue,

7011 North Avenue

  • 1 Unit for Sale
  • 1 Story
7011 North Avenue, Oak Park, IL 60302 Commercial in Galewood
Property at 2048 North Newcastle Avenue,

6551 West North Avenue

  • 1 Unit for Sale
6551 West North Avenue, Oak Park, IL 60302 Commercial in Galewood

Nearby Rentals

Unit for rent at 1111 Bonnie Brae Place, River Forest, IL, 60305

$2,099 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
1111 Bonnie Brae Place #1E, River Forest, IL, 60305 Listing by Shantanu Kamra
Unit for rent at 6546 W Cornelia Avenue, Chicago, IL, 60634

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 924 ft²
6546 W Cornelia Avenue #1, Chicago, IL, 60634 Listing by Eric Tan
Unit for rent at 314 N Maple Avenue, Oak Park, IL, 60302

$2,000 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,000 ft²
314 N Maple Avenue #2S, Oak Park, IL, 60302 Listing by Sung Cho
Unit for rent at 3300 N Osage Avenue, Chicago, IL, 60634

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,358 ft²
3300 N Osage Avenue #2, Chicago, IL, 60634 Listing by Adela Rus

Frequently Asked Questions

What neighborhood is 2048 North Newcastle Avenue located in?
The 2048 North Newcastle Avenue is a located in the neighborhood of Galewood in Northwest Side, Elmwood Park.
What is the average sales price for listings in 2048 North Newcastle Avenue?
The average sales price for units in 2048 North Newcastle Avenue is $0 currently.

Quantcast