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2914 North 74th Avenue

2914 North 74th Avenue, Elmwood Park, IL 60707
Property in Elmwood Park
Sold Jan 09, 2018
$475,000
$380,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2047
Sold Aug 11, 2003
$480,000
Local assessors in Elmwood Park, IL have categorized 2914 North 74th Avenue as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 4,375 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 350 ft. 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 16 rooms in the home. Of these, 8 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 2914 North 74th Avenue has a total of 3,816 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 2914 North 74th Avenue was last sold in Nov 15, 2017 for $475,000. According to our calculations, that's $124.48 per sqft. Prior to that sales transaction, the property was sold for $480,000 in Jul 18, 2003. Current property owners are expected to pay $12,855 in taxes per year. The property on 2914 North 74th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $47,196. To break that down further, the land itself was valued at $5,906. While improvements to the property were assessed at a total of $41,290. 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 350
  • Total Building Area: 3,816
  • Gross Building Area: 3,816
  • Building Area: 3,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOMPSON & COS FIRST ADD TO ELMWOOD
  • Land Acres: 0.1
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: JOHN W (THOMPSON) & COS (FIRST) ADD TO (ELMWOOD) PK G ARDEN IN SEC 25-40-12

Ownership

  • Current Owner : TOMCZYK ROBERT
  • Previous Owner : GOLDEN JAMES PATRICK
  • Owner Before Previous Owner: BROZYNA WLODZIMIERZ
  • Owner Before Previous Owner 2: BROZYNA HALINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 20
  • Parcel: 12-25-219-047-0000
  • Lot: 47
  • Meridian: SEC 25 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9332
  • Longitude: -87.8117

    Address

  • Full Address: 2914 N 74th Ave
  • Address - House Number: 2914
  • Street Direction: N
  • Address - Street Name: 74th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elmwood Park
  • Carrier Code: C027
  • 4-Digit Zip Code: 1359
  • Zip Code: 60707

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,855
  • Tax Rate Code Area: 20031

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 480,597
  • High Value: 603,398
  • Low Value: 357,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 09, 2018
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Dec 01, 2047

    Market Valuation

  • Market Total Value: $471,960
  • Market Land Value: $59,060
  • Market Improvement Value: $412,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,196
  • Assessed Land Value: $5,906
  • Assessed Improvements Value: $41,290

    Sales

  • Current Sale Contract Date: Nov 15, 2017
  • Current Sale Recording Date: Jan 09, 2018
  • Current Sale Transaction ID: 11358242824
  • Current Sale Price: $475,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1800901024
  • Previous Sale Recording Date: Aug 11, 2003
  • Previous Sale Contract Date: Jul 18, 2003
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 09, 2018
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

About Elmwood Park



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Frequently Asked Questions

What neighborhood is 2914 North 74th Avenue located in?
The 2914 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 2914 North 74th Avenue?
The average sales price for units in 2914 North 74th Avenue is $0 currently.

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