Sold Sep 10, 2020
$285,000
Buyer
$279,837
by Hometown Lenders Inc
Mortgage Due Aug 01, 2050
Sold Mar 12, 2020
$136,000
Seller
$147,355
by Loan Funder Llc Series 11359
Mortgage
3111 West 54th Place in Chicago, IL was first built in 1922 and is 102 years old.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a bungalow style.
It is a single story home.
There are a total of 6 rooms in the home, of which, 3 are bedrooms.
In terms of bathrooms, there is only one bathroom.
There is a 1 partial bathroom.
3111 West 54th Place has 1,032 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 1,250.
In total, the area measurement of the land is 3,750 square feet.
Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. 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, 3111 West 54th Place sold most recently in Jul 7, 2020 for a total of $285,000. If you work out the math, that's approximately a cost of $276.16 per sqft. Before that, the property was also sold for $136,000 in Dec 27, 2019. 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 $3,309 in taxes each year. 3111 West 54th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,001. If we break it down further, the land itself was valued at $3,188. Improvements to the property, however, were assessed at a total of $12,813. 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. 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!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.
Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. 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, 3111 West 54th Place sold most recently in Jul 7, 2020 for a total of $285,000. If you work out the math, that's approximately a cost of $276.16 per sqft. Before that, the property was also sold for $136,000 in Dec 27, 2019. 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 $3,309 in taxes each year. 3111 West 54th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,001. If we break it down further, the land itself was valued at $3,188. Improvements to the property, however, were assessed at a total of $12,813. 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. 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!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.
Building Features
Exterior
Brick Exterior
Parking
Garage Parking
This property description is generated based on publicly available data.