2936 North Damen Avenue

2936 North Damen Avenue has been categorized by the local assessors in Chicago, IL as a unknown type of property. The building on the property was first built in 2023 and is 1 years old. The home has a total of 20 rooms. 10 of these rooms are legally considered as bedrooms. Residents will have access to 7 full bathrooms. There are 8 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2936 North Damen Avenue has 4,910 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,240 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with unknown control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The roof of the building is made of unknown. The exterior walls of the building are made of unknown. The inside of the home is being cooled with unknown at the moment. In terms of heating, it is utilizing unknown. 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, 2936 North Damen Avenue was last sold in Jun 30, 2022 for $550,000. According to our calculations, that's $112.02 per sqft. Prior to that sales transaction, the property was sold for $425,000 in Sep 22, 2021. Current property owners are expected to pay $11,487 in taxes per year. The property on 2936 North Damen Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $41,148. To break that down further, the land itself was valued at $31,250. While improvements to the property were assessed at a total of $9,898. 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.