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2241 North Monitor Avenue

2241 North Monitor Avenue, Chicago, IL 60639
Sold Oct 02, 2017
$260,000
$255,290 by Plaza Home Mortgage Inc
Mortgage Due Oct 01, 2047
Sold Aug 08, 2014
$165,000
$132,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2044
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Local assessors in Chicago, IL have categorized 2241 North Monitor Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 3,125 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 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2241 North Monitor Avenue has a total of 950 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. 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, 2241 North Monitor Avenue was last sold in Sep 22, 2017 for $260,000. According to our calculations, that's $273.68 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Jul 11, 2014. Current property owners are expected to pay $4,734 in taxes per year. The property on 2241 North Monitor Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $23,001. To break that down further, the land itself was valued at $4,688. While improvements to the property were assessed at a total of $18,313. 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. 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!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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 950
  • Gross Building Area: 950
  • Building Area: 950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HANSONS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HANSONS) SUB OF PT OF LYING N OF GRAND AVE WH NE SEC 32-40-13

Ownership

  • Current Owner : VELAZQUEZ YVONNE A
  • Current Owner 2: JIMENEZ ERASMO
  • Previous Owner : JVM STAR PROPERTIES LLC
  • Owner Before Previous Owner: SNL REALTY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 191302

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-32-211-011-0000
  • Block: 8
  • Lot: 46
  • Meridian: SEC 32 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9211
  • Longitude: -87.7716

    Address

  • Full Address: 2241 N Monitor Ave
  • Address - House Number: 2241
  • Street Direction: N
  • Address - Street Name: Monitor
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 2839
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,734
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 338,531
  • High Value: 417,556
  • Low Value: 259,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,290
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 02, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $255,290
  • 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: Oct 01, 2047

    Market Valuation

  • Market Total Value: $230,010
  • Market Land Value: $46,880
  • Market Improvement Value: $183,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,001
  • Assessed Land Value: $4,688
  • Assessed Improvements Value: $18,313

    Sales

  • Current Sale Contract Date: Sep 22, 2017
  • Current Sale Recording Date: Oct 02, 2017
  • Current Sale Transaction ID: 1736413222
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1727510026
  • Previous Sale Recording Date: Aug 08, 2014
  • Previous Sale Contract Date: Jul 11, 2014
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Oct 02, 2017
  • First Mortgage Loan Amount: $255,290
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Aug 08, 2014
  • Previous Mortgage Loan Amount: $132,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044

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Frequently Asked Questions

What neighborhood is 2241 North Monitor Avenue located in?
The 2241 North Monitor Avenue is a house located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 2241 North Monitor Avenue?
The average sales price for units in 2241 North Monitor Avenue is $0 currently.

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