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2623 North Marshfield Avenue

2623 North Marshfield Avenue, Chicago, IL 60614
Property in Lathrop
Sold Jul 07, 2016
$1,580,000
$1,343,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2046
Sold Jun 09, 2014
$500,000
Local assessors in Chicago, IL have categorized 2623 North Marshfield Avenue as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 3,125 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 3 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 2623 North Marshfield Avenue has a total of 3,014 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 tar and gravel. Lots of masonry 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, 2623 North Marshfield Avenue was last sold in May 31, 2016 for $1,580,000. According to our calculations, that's $524.22 per sqft. Prior to that sales transaction, the property was sold for $500,000 in May 30, 2014. Current property owners are expected to pay $26,561 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2623 North Marshfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $132,558. To break that down further, the land itself was valued at $39,063. While improvements to the property were assessed at a total of $93,495. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 3,014
  • Gross Building Area: 3,014
  • Building Area: 3,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FULLERTONS 4TH ADD
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORALES CESAR
  • Current Owner 2: MORALES LAILA
  • Previous Owner : EZMB LLC
  • Owner Before Previous Owner: BERND MARY L
  • Owner Before Previous Owner 2: BERND ROBERT E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-30-405-033-0000
  • Block: 6
  • Lot: 9
  • Meridian: SEC 30 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9295
  • Longitude: -87.6692

    Address

  • Full Address: 2623 N Marshfield Ave
  • Address - House Number: 2623
  • Street Direction: N
  • Address - Street Name: Marshfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 1001
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,561
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 1,430,433
  • High Value: 1,690,383
  • Low Value: 1,170,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,343,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 07, 2016
  • First Open Lien Mortgage Loan Amount: $1,343,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $1,325,580
  • Market Land Value: $390,630
  • Market Improvement Value: $934,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,558
  • Assessed Land Value: $39,063
  • Assessed Improvements Value: $93,495

    Sales

  • Current Sale Contract Date: May 31, 2016
  • Current Sale Recording Date: Jul 07, 2016
  • Current Sale Transaction ID: 1641774885
  • Current Sale Price: $1,580,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1618939029
  • Previous Sale Recording Date: Jun 09, 2014
  • Previous Sale Contract Date: May 30, 2014
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 07, 2016
  • First Mortgage Loan Amount: $1,343,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

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Frequently Asked Questions

What neighborhood is 2623 North Marshfield Avenue located in?
The 2623 North Marshfield Avenue is a located in the neighborhood of Lathrop in North Side, Chicago.
What is the average sales price for listings in 2623 North Marshfield Avenue?
The average sales price for units in 2623 North Marshfield Avenue is $0 currently.

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