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2942 North Seeley Avenue

2942 North Seeley Avenue, Chicago, IL 60618
Sold Nov 26, 2018
$1,192,500
Seller
$790,000 by Gold Coast Bank Chicago Il
Mortgage Due Mar 01, 2051
Sold Oct 25, 2017
$440,000
$8,000,000 by Abc Bank
Mortgage
Local assessors in Chicago, IL have categorized 2942 North Seeley Avenue as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 3,125 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 2942 North Seeley Avenue has a total of 2,288 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 frame 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 wood were used in the construction of the exterior walls of the home. Residents rely on central 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 Nov 15, 2018 for $1,192,500. That's $521.20 per sqft. Prior to that sales transaction, the property was also sold in Oct 5, 2017 for $440,000. 2942 North Seeley Avenue was last assessed in 2023. The total value of the property was assessed at $112,000. Specifically, the land the property is located on was valued at $31,250. While improvements on the property were assessed at a total of $80,750. 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 $22,333. 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. 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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,288
  • Gross Building Area: 2,288
  • Building Area: 2,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAHNS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WM (HAHNS) SUB OF NH OUTLT13 IN SNOW ESTATE SUB OF SEC 30-40-14

Ownership

  • Current Owner : PHAM THU
  • Current Owner 2: PHAM NG
  • Previous Owner : LYS INC
  • Owner Before Previous Owner: SANTOS JORGE
  • Owner Before Previous Owner 2: SANTOS MIGDALIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 051400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-30-120-013-0000
  • Block: 2
  • Lot: 7
  • Meridian: SEC 30 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9354
  • Longitude: -87.6798

    Address

  • Full Address: 2942 N Seeley Ave
  • Address - House Number: 2942
  • Street Direction: N
  • Address - Street Name: Seeley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C022
  • 4-Digit Zip Code: 8211
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,333
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,252,460
  • High Value: 1,538,447
  • Low Value: 966,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $790,000
  • First Open Lien Mortgage Lender: GOLD COAST BANK CHICAGO IL
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $790,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $1,120,000
  • Market Land Value: $312,500
  • Market Improvement Value: $807,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,000
  • Assessed Land Value: $31,250
  • Assessed Improvements Value: $80,750

    Sales

  • Current Sale Contract Date: Nov 15, 2018
  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Transaction ID: 11534881308
  • Current Sale Price: $1,192,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1833034062
  • Previous Sale Recording Date: Oct 25, 2017
  • Previous Sale Contract Date: Oct 05, 2017
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLD COAST BANK (CHICAGO IL)
  • First Mortgage Transaction Date: Nov 26, 2018
  • First Mortgage Loan Amount: $894,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: ABC BANK
  • Previous Mortgage Transaction Date: Oct 25, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $8,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 2942 North Seeley Avenue located in?
The 2942 North Seeley Avenue is a house located in the neighborhood of Roscoe Village in North Side, Chicago.
What is the average sales price for listings in 2942 North Seeley Avenue?
The average sales price for units in 2942 North Seeley Avenue is $0 currently.

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