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2820 North 74th Avenue

2820 North 74th Avenue, Elmwood Park, IL 60707
Property in Elmwood Park
Sold Mar 13, 2020
$400,000
$374,000 by Nationstar Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Nov 06, 2012
$399,900
$403,390 by Security National Mortgage Co
Mortgage Due Nov 01, 2042
2820 North 74th Avenue in Elmwood Park, IL was first built in 1928 and is 96 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 unknown. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2820 North 74th Avenue has 3,294 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 3 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 27, 2020 for $400,000. That's $121.43 per sqft. Prior to that sales transaction, the property was also sold in Oct 24, 2012 for $399,900. 2820 North 74th Avenue was last assessed in 2023. The total value of the property was assessed at $42,001. Specifically, the land the property is located on was valued at $8,438. While improvements on the property were assessed at a total of $33,563. 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 $11,329. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,294
  • Gross Building Area: 3,294
  • Building Area: 3,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ELMWOOD PARK GARDEN A SUB OF SH SW N
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HERNANDEZ PEDRO
  • Current Owner 2: HERNANDEZ ROSA
  • Previous Owner : VELLEJO MARK A
  • Previous Owner 2: VALLEJO MARITZA
  • Owner Before Previous Owner: TEE TEE MOU ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • District: 20
  • Parcel: 12-25-227-019-0000
  • Lot: 46
  • Meridian: SEC 25 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9315
  • Longitude: -87.8118

    Address

  • Full Address: 2820 N 74th Ave
  • Address - House Number: 2820
  • 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: $11,329
  • Tax Rate Code Area: 20031

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 528,230
  • High Value: 649,851
  • Low Value: 406,609

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 28, 2022
  • First Open Lien Mortgage Loan Amount: $374,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052
  • Second Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Mar 11, 2024
  • Second Open Lien Mortgage Loan Amount: $78,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $420,010
  • Market Land Value: $84,380
  • Market Improvement Value: $335,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,001
  • Assessed Land Value: $8,438
  • Assessed Improvements Value: $33,563

    Sales

  • Current Sale Contract Date: Feb 27, 2020
  • Current Sale Recording Date: Mar 13, 2020
  • Current Sale Transaction ID: 11747014705
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007346107
  • Previous Sale Recording Date: Nov 06, 2012
  • Previous Sale Contract Date: Oct 24, 2012
  • Previous Sale Amount: $399,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 13, 2020
  • First Mortgage Loan Amount: $374,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 06, 2012
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $403,390
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2042

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Frequently Asked Questions

What neighborhood is 2820 North 74th Avenue located in?
The 2820 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 2820 North 74th Avenue?
The average sales price for units in 2820 North 74th Avenue is $0 currently.

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