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2927 North Melvina Avenue

2927 North Melvina Avenue, Chicago, IL 60634
Sold Apr 20, 2020
$299,000
Seller
$293,584 by Home Point Financial Corporati
Mortgage Due May 01, 2050
Sold Jul 20, 2018
Transfer
Local assessors in Chicago, IL have categorized 2927 North Melvina Avenue as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 3,720 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 300 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There is also a partial bathroom. 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 2927 North Melvina Avenue has a total of 1,290 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 18, 2019 for $299,000. That's $231.78 per sqft. 2927 North Melvina Avenue was last assessed in 2022. The total value of the property was assessed at $23,000. Specifically, the land the property is located on was valued at $9,300. While improvements on the property were assessed at a total of $13,700. 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 $4,029. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,720
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,290
  • Gross Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLLINS & GAUNTLETTS DIVERSEY
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (COLLINS) & (GAUNTLETTS)(DIVERSEY) SUB LTS4-6 8-9 12- 19 22-29,33,39-43 & 45-50 GILDERSLEVES SUB BLKS6&10-13 & BLK5 IN O L WA

Ownership

  • Current Owner : DAVIS LELITIA
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: ROC JEAN
  • Owner Before Previous Owner 2: ROC MICHELLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190401

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-29-117-012-0000
  • Block: 5,6
  • Lot: 4-6
  • Meridian: SEC 29 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9337
  • Longitude: -87.7806

    Address

  • Full Address: 2927 N Melvina Ave
  • Address - House Number: 2927
  • Street Direction: N
  • Address - Street Name: Melvina
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 5006
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,029
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 353,400
  • High Value: 434,608
  • Low Value: 272,192

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $293,584
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Apr 20, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $293,584
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $93,000
  • Market Improvement Value: $137,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,000
  • Assessed Land Value: $9,300
  • Assessed Improvements Value: $13,700

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Apr 20, 2020
  • Current Sale Transaction ID: 11755007154
  • Current Sale Price: $299,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2011120140
  • Previous Sale Recording Date: Jul 20, 2018
  • Previous Sale Contract Date: Jun 07, 2018
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Apr 20, 2020
  • First Mortgage Loan Amount: $293,584
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2927 North Melvina Avenue located in?
The 2927 North Melvina Avenue is a house located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 2927 North Melvina Avenue?
The average sales price for units in 2927 North Melvina Avenue is $299,900 , or $200/sqft. currently.

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