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2618 North Talman Avenue

2618 North Talman Avenue, Chicago, IL 60647
Property in Logan Square
Sold Apr 25, 2018
$995,000
$974,000 by Countryside Bank
Mortgage
Local assessors in Chicago, IL have categorized 2618 North Talman Avenue as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 3,026 square feet. 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 6 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 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 2618 North Talman Avenue has a total of 2,179 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 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. 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, 2618 North Talman Avenue was last sold in Apr 16, 2018 for $995,000. According to our calculations, that's $456.63 per sqft. Current property owners are expected to pay $18,987 in taxes per year. The property on 2618 North Talman Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $92,000. To break that down further, the land itself was valued at $15,130. While improvements to the property were assessed at a total of $76,870. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 3,026
  • Total Building Area: 2,179
  • Gross Building Area: 2,179
  • Building Area: 2,179
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,179
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARRIET FARLINS SUBDIVISION
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WOODRUFF ADAM R
  • Current Owner 2: WOODRUFF CAREY R
  • Previous Owner : PNC DEVELOPMENT INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 220300

Zoning

  • Zoning: RS-3

Geography

  • District: 77
  • Parcel: 13-25-410-035-0000
  • Municipality: WEST CHICAGO
  • Latitude: 41.9296
  • Longitude: -87.6943

    Address

  • Full Address: 2618 N Talman Ave
  • Address - House Number: 2618
  • Street Direction: N
  • Address - Street Name: Talman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 1822
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,987
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,117,709
  • High Value: 1,372,927
  • Low Value: 862,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $974,000
  • First Open Lien Mortgage Lender: COUNTRYSIDE BANK
  • First Open Lien Mortgage Recording Date: Jun 13, 2017
  • First Open Lien Mortgage Loan Amount: $974,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $920,000
  • Market Land Value: $151,300
  • Market Improvement Value: $768,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,000
  • Assessed Land Value: $15,130
  • Assessed Improvements Value: $76,870

    Sales

  • Current Sale Contract Date: Apr 16, 2018
  • Current Sale Recording Date: Apr 25, 2018
  • Current Sale Transaction ID: 11453706985
  • Current Sale Price: $995,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1811549182

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 25, 2018
  • First Mortgage Loan Amount: $796,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 2618 North Talman Avenue located in?
The 2618 North Talman Avenue is a located in the neighborhood of Logan Square in Northwest Side, Chicago.
What is the average sales price for listings in 2618 North Talman Avenue?
The average sales price for units in 2618 North Talman Avenue is $0 currently.

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