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2814 North 74th Avenue

2814 North 74th Avenue, Elmwood Park, IL 60707
Property in Elmwood Park
Sold Aug 17, 2023
$430,000
$415,648 by Guaranteed Rate, Inc.
Mortgage Due Aug 01, 2053
Sold Jun 06, 2002
$276,500
$1,000,000 by Marquette Bank
Mortgage Due May 24, 2003
Local assessors in Elmwood Park, IL have categorized 2814 North 74th 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 3,758 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow 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 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2814 North 74th Avenue has a total of 1,440 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. The property was last sold in Jul 28, 2023 for $430,000. That's $298.61 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2002 for $276,500. 2814 North 74th Avenue was last assessed in 2023. The total value of the property was assessed at $36,000. Specifically, the land the property is located on was valued at $5,073. While improvements on the property were assessed at a total of $30,927. 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 $9,567. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
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: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,758
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMULLET
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RODRIGUEZ LUIS DANIEL
  • Previous Owner : ARROYO JOSE
  • Previous Owner 2: ARROYO MARTHA
  • Owner Before Previous Owner: THE RENATO GROUP LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Elmwood Park Community Unit School District 401
  • Census Tract: 810701

Geography

  • District: 20
  • Parcel: 12-25-227-037-0000
  • Lot: 1
  • Municipality: LEYDEN
  • Latitude: 41.9313
  • Longitude: -87.8117

    Address

  • Full Address: 2814 N 74th Ave
  • Address - House Number: 2814
  • Street Direction: N
  • Address - Street Name: 74th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elmwood Park
  • Carrier Code: C033
  • 4-Digit Zip Code: 1546
  • Zip Code: 60707

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,567
  • Tax Rate Code Area: 20031

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 434,132
  • High Value: 523,489
  • Low Value: 344,775

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,648
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Aug 17, 2023
  • First Open Lien Mortgage Loan Amount: $415,648
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $50,730
  • Market Improvement Value: $309,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $5,073
  • Assessed Improvements Value: $30,927

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Transaction ID: 11911143880
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13270
  • Previous Sale Recording Date: Jun 06, 2002
  • Previous Sale Contract Date: May 24, 2002
  • Previous Sale Amount: $276,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Aug 17, 2023
  • First Mortgage Loan Amount: $415,648
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MARQUETTE BANK
  • Previous Mortgage Transaction Date: Jun 06, 2002
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 24, 2003

About Elmwood Park



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Frequently Asked Questions

What neighborhood is 2814 North 74th Avenue located in?
The 2814 North 74th Avenue is a located in the neighborhood of Elmwood Park in Elmwood Park, Elmwood Park.
What is the average sales price for listings in 2814 North 74th Avenue?
The average sales price for units in 2814 North 74th Avenue is $0 currently.

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