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2932 West Walnut Street

2932 West Walnut Street, Chicago, IL 60612
Sold Mar 23, 2018
$192,500
$100,000 by Diamond Residential Mortgage C
Mortgage Due Apr 01, 2048
Sold Sep 08, 2008
Transfer
$205,000 by Metropolitan Bank And Trust Co
Mortgage Due Sep 04, 2013
Local assessors in Chicago, IL have categorized 2932 West Walnut Street as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 3,000 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 240 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 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 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 2932 West Walnut Street has a total of 1,354 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 no garage for those who need a place to park their vehicle. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2932 West Walnut Street sold most recently in Mar 20, 2018 for a total of $192,500. If you work out the math, that's approximately a cost of $142.17 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,977 in taxes each year. 2932 West Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,000. If we break it down further, the land itself was valued at $3,525. Improvements to the property, however, were assessed at a total of $9,475. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 240
  • Total Building Area: 1,354
  • Gross Building Area: 1,354
  • Building Area: 1,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,354
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEES SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF BLKS3-5 & 10-12 IN LEES SUB IN EH SW SEC 12-39-13

Ownership

  • Current Owner : LARKIN VICTORIA J
  • Current Owner 2: BLUMENTHAL LYNN S
  • Previous Owner : TORRES ARTURO
  • Owner Before Previous Owner: HURTADO JORGE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 837100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-12-310-034-0000
  • Block: 3-5
  • Lot: 21
  • Meridian: SEC 12 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8857
  • Longitude: -87.7002

    Address

  • Full Address: 2932 W Walnut St
  • Address - House Number: 2932
  • Street Direction: W
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 1930
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,977
  • Tax Rate Code Area: 77106

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 324,218
  • High Value: 407,061
  • Low Value: 241,374

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 23, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Apr 01, 2048

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $35,250
  • Market Improvement Value: $94,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $3,525
  • Assessed Improvements Value: $9,475

    Sales

  • Current Sale Contract Date: Mar 20, 2018
  • Current Sale Recording Date: Mar 23, 2018
  • Current Sale Transaction ID: 11436981240
  • Current Sale Price: $192,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1808255025
  • Previous Sale Recording Date: Sep 08, 2008
  • Previous Sale Contract Date: Aug 28, 2008
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Mortgage Transaction Date: Mar 23, 2018
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: METROPOLITAN BANK AND TRUST CO
  • Previous Mortgage Transaction Date: Sep 08, 2008
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $205,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 04, 2013

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Frequently Asked Questions

What neighborhood is 2932 West Walnut Street located in?
The 2932 West Walnut Street is a house located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 2932 West Walnut Street?
The average sales price for units in 2932 West Walnut Street is $0 currently.

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