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2437 North Austin Avenue

2437 North Austin Avenue, Chicago, IL 60639
Property in Belmont Central
Sold Apr 17, 2014
$164,000
$270,000 by Encore Credit Corp
Mortgage Due Jul 01, 2035
Sold Jan 21, 2014
Transfer
2437 North Austin Avenue in Chicago, IL was first built in 1992 and is 32 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2437 North Austin Avenue has 2,344 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,200 ft and the linear feet between the front and back of the lot is 250. In total, the area measurement of the land is 3,100 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 2437 North Austin Avenue was last sold in Mar 3, 2014 for $164,000. According to our calculations, that's $69.97 per sqft. Current property owners are expected to pay $6,788 in taxes per year. The property on 2437 North Austin Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,000. To break that down further, the land itself was valued at $4,650. While improvements to the property were assessed at a total of $28,350. 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: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,344
  • Gross Building Area: 2,344
  • Building Area: 2,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOOTHS SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BOOTHS) SUB OF S33 1/3 ACS OF THE WH SE SEC 29-40-13

Ownership

  • Current Owner : OCAMPO ERIC
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Owner Before Previous Owner: ARRIETA GERARDO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190601

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-29-425-008-0000
  • Block: 5
  • Lot: 38
  • Meridian: SEC 29 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.925
  • Longitude: -87.7754

    Address

  • Full Address: 2437 N Austin Ave
  • Address - House Number: 2437
  • Street Direction: N
  • Address - Street Name: Austin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C044
  • 4-Digit Zip Code: 2205
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,788
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.252
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 461,389
  • High Value: 577,685
  • Low Value: 345,092

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $364,000
  • First Open Lien Mortgage Lender: ENCORE CREDIT CORP
  • First Open Lien Mortgage Recording Date: Aug 10, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035
  • Second Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • Second Open Lien Mortgage Recording Date: Dec 22, 2006
  • Second Open Lien Mortgage Financing Type: Other
  • Second Open Lien Mortgage Loan Amount: $94,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 18, 2036

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $46,500
  • Market Improvement Value: $283,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $4,650
  • Assessed Improvements Value: $28,350

    Sales

  • Current Sale Contract Date: Mar 03, 2014
  • Current Sale Recording Date: Apr 17, 2014
  • Current Sale Transaction ID: 1176341222
  • Current Sale Price: $164,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1410746015
  • Previous Sale Recording Date: Jan 21, 2014
  • Previous Sale Contract Date: Aug 12, 2013
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING INC
  • First Mortgage Transaction Date: Apr 17, 2014
  • First Mortgage Loan Amount: $194,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2044

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2437 North Austin Avenue located in?
The 2437 North Austin Avenue is a located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 2437 North Austin Avenue?
The average sales price for units in 2437 North Austin Avenue is $0 currently.

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