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2251 North Kostner Avenue

2251 North Kostner Avenue, Chicago, IL 60639
Property in Hermosa
Sold Jul 07, 2017
$328,500
$322,549 by Stearns Lending Llc
Mortgage Due Aug 01, 2047
Sold Jun 06, 2016
$162,000
$10,000,000 by Iron Bridge Mortgage Fund Llc
Mortgage
Local assessors in Chicago, IL have categorized 2251 North Kostner Avenue as a residential type of property. The home was built in 1912 and is 112 years old. The property's lot size has been calculated to be 3,660 square feet. The linear feet between the front and back of the lot was measured at 300 ft and the front of the lot was measured at 1,250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are 2 full bathrooms. 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 2251 North Kostner Avenue has a total of 1,631 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. 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jun 29, 2017 for $328,500. That's $201.41 per sqft. Prior to that sales transaction, the property was also sold in May 30, 2016 for $162,000. 2251 North Kostner Avenue was last assessed in 2023. The total value of the property was assessed at $23,000. Specifically, the land the property is located on was valued at $10,980. While improvements on the property were assessed at a total of $12,020. 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 $4,042. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,660
  • Lot Size Depth Feet: 300
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,631
  • Gross Building Area: 1,631
  • Building Area: 1,631
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,631
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAM BROWN JRS PENNOCK SUB
  • Land Acres: 0.084
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: EDWARD G (UEHLEINS) RESUB OF LTS1-18 IN SAM BROWN JRS PENNOCK SUB IN NE SEC 34-40-13

Ownership

  • Current Owner : RANGEL PEDRO
  • Current Owner 2: RANGEL MAYRA A
  • Previous Owner : HEART HOME PROPERTIES LLC
  • Owner Before Previous Owner: PNC BANK N A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 200401

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-34-209-003-0000
  • Lot: 1-18
  • Meridian: SEC 34 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9223
  • Longitude: -87.7362

    Address

  • Full Address: 2251 N Kostner Ave
  • Address - House Number: 2251
  • Street Direction: N
  • Address - Street Name: Kostner
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C014
  • 4-Digit Zip Code: 3590
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,042
  • Tax Rate Code Area: 71163

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 379,624
  • High Value: 552,936
  • Low Value: 206,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,549
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Jul 07, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $322,549
  • 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: Aug 01, 2047

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $109,800
  • Market Improvement Value: $120,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $10,980
  • Assessed Improvements Value: $12,020

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Transaction ID: 1590079210
  • Current Sale Price: $328,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1718801079
  • Previous Sale Recording Date: Jun 06, 2016
  • Previous Sale Contract Date: May 30, 2016
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Jul 07, 2017
  • First Mortgage Loan Amount: $322,549
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: IRON BRIDGE MORTGAGE FUND LLC
  • Previous Mortgage Transaction Date: Jun 06, 2016
  • Previous Mortgage Loan Amount: $10,000,000
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 2251 North Kostner Avenue located in?
The 2251 North Kostner Avenue is a located in the neighborhood of Hermosa in Northwest Side, Chicago.
What is the average sales price for listings in 2251 North Kostner Avenue?
The average sales price for units in 2251 North Kostner Avenue is $0 currently.

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