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2451 North Mason Avenue

2451 North Mason Avenue, Chicago, IL 60639
Property in Belmont Central
Sold Nov 06, 2023
$550,000
$540,037 by Fairway Independent Mtg Corp
Mortgage Due Dec 01, 2053
Sold May 17, 2012
$250,000
$243,662 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2042
2451 North Mason Avenue in Chicago, IL was first built in 1972 and is 52 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 multifamily style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2451 North Mason Avenue has 2,415 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. In total, the area measurement of the land is 3,720 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 masonry 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 air conditioning. As for heating, the home is utilizing a hot water heating system. 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, 2451 North Mason Avenue sold most recently in Nov 2, 2023 for a total of $550,000. If you work out the math, that's approximately a cost of $227.74 per sqft. Before that, the property was also sold for $250,000 in May 2, 2012. 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 $7,117 in taxes each year. 2451 North Mason Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $38,000. If we break it down further, the land itself was valued at $5,580. Improvements to the property, however, were assessed at a total of $32,420. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,720
  • Total Building Area: 2,415
  • Gross Building Area: 2,415
  • Building Area: 2,415
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,415
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORELAND MC CABE RESUB
  • Land Acres: 0.085
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : RAMIREZ MARISELA RAMIREZ
  • Current Owner 2: RAMIREZ NANCY A
  • Previous Owner : FLORES JESSICA
  • Previous Owner 2: FLORES JACQUELINE
  • Owner Before Previous Owner: KOWALSKI MARIAN W
  • Owner Before Previous Owner 2: KOWALSKI GEORGIANA H
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190602

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-29-426-003-0000
  • Lot: 12
  • Meridian: SEC 29 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9254
  • Longitude: -87.7742

    Address

  • Full Address: 2451 N Mason Ave
  • Address - House Number: 2451
  • Street Direction: N
  • Address - Street Name: Mason
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 2213
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,117
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 447,064
  • High Value: 561,297
  • Low Value: 332,830

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,037
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Nov 06, 2023
  • First Open Lien Mortgage Loan Amount: $540,037
  • 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: Dec 01, 2053

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $55,800
  • Market Improvement Value: $324,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $5,580
  • Assessed Improvements Value: $32,420

    Sales

  • Current Sale Contract Date: Nov 02, 2023
  • Current Sale Recording Date: Nov 06, 2023
  • Current Sale Transaction ID: 11915577753
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28177
  • Previous Sale Recording Date: May 17, 2012
  • Previous Sale Contract Date: May 02, 2012
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Nov 06, 2023
  • First Mortgage Loan Amount: $540,037
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 17, 2012
  • Previous Mortgage Loan Amount: $243,662
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2042

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2451 North Mason Avenue located in?
The 2451 North Mason Avenue is a located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 2451 North Mason Avenue?
The average sales price for units in 2451 North Mason Avenue is $0 currently.

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