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2251 West Farragut Avenue

2251 West Farragut Avenue, Chicago, IL 60625
Property in Bowmanville
Sold Jun 26, 2012
$139,000
$925,000 by Associated Bank Na
Mortgage Due Nov 01, 2042
Local assessors in Chicago, IL have categorized 2251 West Farragut Avenue as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 6,244 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. 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 3 full bathrooms. There are also 4 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 West Farragut Avenue has a total of 2,753 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 3 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 frame 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 wood 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2251 West Farragut Avenue sold most recently in Jun 12, 2012 for a total of $139,000. If you work out the math, that's approximately a cost of $50.49 per sqft. 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 $22,539 in taxes each year. 2251 West Farragut Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $113,000. If we break it down further, the land itself was valued at $49,952. Improvements to the property, however, were assessed at a total of $63,048. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,244
  • Total Building Area: 2,753
  • Gross Building Area: 2,753
  • Building Area: 2,753
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,753
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAM BROWN JRS 59TH STREET SUB
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : V & T INVESTMENT CORP
  • Previous Owner : HEARD WARREN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040100

Zoning

  • Zoning: RS-3

Geography

  • District: 73
  • Parcel: 14-07-115-050-0000
  • Lot: 113
  • Municipality: LAKE VIEW
  • Latitude: 41.9766
  • Longitude: -87.6863

    Address

  • Full Address: 2251 W Farragut Ave
  • Address - House Number: 2251
  • Street Direction: W
  • Address - Street Name: Farragut
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 1801
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,539
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,285,560
  • High Value: 1,579,105
  • Low Value: 992,015

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,163,000
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2013
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $925,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2042
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Apr 27, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $238,000
  • Second Open Lien Mortgage Term: 419
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 13, 2052

    Market Valuation

  • Market Total Value: $1,130,000
  • Market Land Value: $499,520
  • Market Improvement Value: $630,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,000
  • Assessed Land Value: $49,952
  • Assessed Improvements Value: $63,048

    Sales

  • Current Sale Contract Date: Jun 12, 2012
  • Current Sale Recording Date: Jun 26, 2012
  • Current Sale Transaction ID: 1078988217
  • Current Sale Price: $139,000
  • Current Sale Document Type: Legal Action/Court Order
  • Current Sale Input Document Number: 1217831019

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Frequently Asked Questions

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

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