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2116 South Central Park Avenue

2116 South Central Park Avenue, Chicago, IL 60623
Property in Little Village
Sold Jan 31, 2018
$280,000
$176,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2048
Sold Feb 28, 2013
$61,000
2116 South Central Park 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 2009 and is 15 years old. The home has a total of 18 rooms. 9 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2116 South Central Park Avenue has 3,780 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 2,995 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 no garage for those who require parking. 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 central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2116 South Central Park Avenue was last sold in Jan 19, 2018 for $280,000. According to our calculations, that's $74.07 per sqft. Prior to that sales transaction, the property was sold for $61,000 in Feb 11, 2013. Current property owners are expected to pay $5,430 in taxes per year. The property on 2116 South Central Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $26,312. To break that down further, the land itself was valued at $3,519. While improvements to the property were assessed at a total of $22,793. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,995
  • Total Building Area: 3,780
  • Gross Building Area: 3,780
  • Building Area: 3,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLARD & DECKERS ADD/CHICAGO
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : CHOWDHURY SANJOY
  • Previous Owner : CHEN FEN QIANG
  • Owner Before Previous Owner: FIRSTMERIT BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 844700

Zoning

  • Zoning: RT-4

Geography

  • District: 77
  • Parcel: 16-23-327-044-0000
  • Block: 1
  • Lot: 47
  • Municipality: WEST CHICAGO
  • Latitude: 41.8529
  • Longitude: -87.7153

    Address

  • Full Address: 2116 S Central Park Ave
  • Address - House Number: 2116
  • Street Direction: S
  • Address - Street Name: Central Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C025
  • 4-Digit Zip Code: 4231
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,430
  • Tax Rate Code Area: 77125

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 389,631
  • High Value: 489,189
  • Low Value: 290,072

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 31, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $176,000
  • 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: Feb 01, 2048

    Market Valuation

  • Market Total Value: $263,120
  • Market Land Value: $35,190
  • Market Improvement Value: $227,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,312
  • Assessed Land Value: $3,519
  • Assessed Improvements Value: $22,793

    Sales

  • Current Sale Contract Date: Jan 19, 2018
  • Current Sale Recording Date: Jan 31, 2018
  • Current Sale Transaction ID: 11381712477
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1803142008
  • Previous Sale Recording Date: Feb 28, 2013
  • Previous Sale Contract Date: Feb 11, 2013
  • Previous Sale Amount: $61,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 31, 2018
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2116 South Central Park Avenue located in?
The 2116 South Central Park Avenue is a located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2116 South Central Park Avenue?
The average sales price for units in 2116 South Central Park Avenue is $0 currently.

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