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3034 South Lowe Avenue

3034 South Lowe Avenue, Chicago, IL 60616
Property in Bridgeport
Sold Nov 29, 2017
$260,000
$195,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2047
3034 South Lowe Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1888 and is 136 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3034 South Lowe Avenue has 1,496 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 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 detached 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 average. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 3034 South Lowe Avenue was last sold in Nov 27, 2017 for $260,000. According to our calculations, that's $173.80 per sqft. Current property owners are expected to pay $6,433 in taxes per year. The property on 3034 South Lowe Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $31,278. To break that down further, the land itself was valued at $13,640. While improvements to the property were assessed at a total of $17,638. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,496
  • Gross Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOBBINS SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: T S (DOBBINS) SUB OF S 3/4 OF EH OF WH OF SW EH WH SW SEC 28-39-14

Ownership

  • Current Owner : WONG MANWAI
  • Current Owner 2: LAM WINNIE SIN MAN
  • Previous Owner : SUN CHAN WAI
  • Previous Owner 2: SUN YU MELISSA MIU
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 600400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 003-104-03
  • District: 76
  • Parcel: 17-28-328-037-0000
  • Block: 6
  • Lot: 14
  • Meridian: SEC 28 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8389
  • Longitude: -87.643

    Address

  • Full Address: 3034 S Lowe Ave
  • Address - House Number: 3034
  • Street Direction: S
  • Address - Street Name: Lowe
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C004
  • 4-Digit Zip Code: 3015
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,433
  • Tax Rate Code Area: 76008

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 414,033
  • High Value: 519,826
  • Low Value: 308,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 29, 2017
  • First Open Lien Mortgage Loan Amount: $195,000
  • 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: $312,780
  • Market Land Value: $136,400
  • Market Improvement Value: $176,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,278
  • Assessed Land Value: $13,640
  • Assessed Improvements Value: $17,638

    Sales

  • Current Sale Contract Date: Nov 27, 2017
  • Current Sale Recording Date: Nov 29, 2017
  • Current Sale Transaction ID: 11311624020
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1733349120

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 29, 2017
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

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Frequently Asked Questions

What neighborhood is 3034 South Lowe Avenue located in?
The 3034 South Lowe Avenue is a located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 3034 South Lowe Avenue?
The average sales price for units in 3034 South Lowe Avenue is $0 currently.

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