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2737 North Hermitage Avenue

2737 North Hermitage Avenue, Chicago, IL 60614
Property in Lathrop
Refi Jun 30, 2021
Transfer
$625,000 by Stifel Bank & Trust
Mortgage Due May 01, 2051
Local assessors in Chicago, IL have categorized 2737 North Hermitage Avenue as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 3,539 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 2 full bathrooms. There are also 3 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 2737 North Hermitage Avenue has a total of 2,669 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 asphalt. 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. 2737 North Hermitage Avenue was last assessed in 2022. The total value of the property was assessed at $109,361. Specifically, the land the property is located on was valued at $61,933. While improvements on the property were assessed at a total of $47,428. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $21,790. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 3,539
  • Total Building Area: 2,669
  • Gross Building Area: 2,669
  • Building Area: 2,669
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,669
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DIVERSEY-PAULINA HOMES
  • Land Acres: 0.081
  • Standard Land Use Code: Single family residential

Ownership

  • 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: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-30-403-088-0000
  • Lot: 19
  • Meridian: SEC 30 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9317
  • Longitude: -87.6715

    Address

  • Full Address: 2737 N Hermitage Ave
  • Address - House Number: 2737
  • Street Direction: N
  • Address - Street Name: Hermitage
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C066
  • 4-Digit Zip Code: 4804
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,790
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2534
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 1,533,552
  • High Value: 1,922,256
  • Low Value: 1,144,848

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,000
  • First Open Lien Mortgage Lender: STIFEL BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $625,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $1,093,610
  • Market Land Value: $619,330
  • Market Improvement Value: $474,280

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,361
  • Assessed Land Value: $61,933
  • Assessed Improvements Value: $47,428

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Frequently Asked Questions

What neighborhood is 2737 North Hermitage Avenue located in?
The 2737 North Hermitage Avenue is a located in the neighborhood of Lathrop in North Side, Chicago.
What is the average sales price for listings in 2737 North Hermitage Avenue?
The average sales price for units in 2737 North Hermitage Avenue is $0 currently.

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