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3131 South Springfield Avenue

3131 South Springfield Avenue, Chicago, IL 60623
Sold Jan 14, 2019
$150,000
$138,000 by Pnc Bank Na
Mortgage Due Sep 01, 2051
Sold Jul 14, 1998
$111,000
$110,941 by Mca Mtg Corp
Mortgage Due Aug 01, 2028
3131 South Springfield Avenue in Chicago, IL was first built in 1924 and is 100 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 unknown style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3131 South Springfield Avenue has 844 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. For those who need parking, there is a detached garage. There is one available parking space. 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 masonry 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 heating system. The property was last sold in Jan 11, 2019 for $150,000. That's $177.73 per sqft. Prior to that sales transaction, the property was also sold in Jul 8, 1998 for $111,000. 3131 South Springfield Avenue was last assessed in 2023. The total value of the property was assessed at $16,848. Specifically, the land the property is located on was valued at $4,406. While improvements on the property were assessed at a total of $12,442. 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 $2,024. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 844
  • Gross Building Area: 844
  • Building Area: 844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAYS 31ST
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EDWIN R (FAYS) (31ST) ST RESUB PT NW NW SEC 35-39-13

Ownership

  • Current Owner : RIVAS DAGOBERTO
  • Current Owner 2: RIVAS JOSE M
  • Previous Owner : RAMIREZ ENRIQUE
  • Owner Before Previous Owner: LOERA ADAN
  • Owner Before Previous Owner 2: LOERA SOCORRO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 830500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 03, 2022
  • District: 77
  • Parcel: 16-35-102-014-0000
  • Lot: 165
  • Meridian: SEC 35 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.836
  • Longitude: -87.7216

    Address

  • Full Address: 3131 S Springfield Ave
  • Address - House Number: 3131
  • Street Direction: S
  • Address - Street Name: Springfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C052
  • 4-Digit Zip Code: 4944
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,024
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 210,555
  • High Value: 258,634
  • Low Value: 162,477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $138,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $168,480
  • Market Land Value: $44,060
  • Market Improvement Value: $124,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,848
  • Assessed Land Value: $4,406
  • Assessed Improvements Value: $12,442

    Sales

  • Current Sale Contract Date: Jan 11, 2019
  • Current Sale Recording Date: Jan 14, 2019
  • Current Sale Transaction ID: 11559721092
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1901445049
  • Previous Sale Recording Date: Jul 14, 1998
  • Previous Sale Contract Date: Jul 08, 1998
  • Previous Sale Amount: $111,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 14, 2019
  • First Mortgage Loan Amount: $142,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MCA MTG CORP
  • Previous Mortgage Transaction Date: Jul 14, 1998
  • Previous Mortgage Loan Amount: $110,941
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2028

About West Side



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Frequently Asked Questions

What neighborhood is 3131 South Springfield Avenue located in?
The 3131 South Springfield Avenue is a house located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 3131 South Springfield Avenue?
The average sales price for units in 3131 South Springfield Avenue is $0 currently.

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