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3148 North Orchard Street

3148 North Orchard Street, Chicago, IL 60657
Sold Jun 18, 2020
$875,000
$600,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2050
3148 North Orchard Street 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 1980 and is 44 years old. The home has a total of 6 rooms. 3 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, 3148 North Orchard Street has 1,696 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,324 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 no garage for those who require parking. 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 masonry 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 masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 3148 North Orchard Street was last sold in Apr 28, 2020 for $875,000. According to our calculations, that's $515.92 per sqft. Current property owners are expected to pay $14,603 in taxes per year. The property on 3148 North Orchard Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $71,000. To break that down further, the land itself was valued at $34,860. While improvements to the property were assessed at a total of $36,140. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,324
  • Total Building Area: 1,696
  • Gross Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLARKS ADD TO LAKE VIEW
  • Land Acres: 0.053
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: R R (CLARKS) ADD TO (LAKE)(VIEW) SUB OF LT1 OF BICKER DIKE & STEELES SUB OF WH NW SEC 28-40-14

Ownership

  • Current Owner : LEFSRUD KATHERINE F
  • Current Owner 2: LEFSRUD ERIK H
  • Previous Owner : MARCHANT WENDY
  • Previous Owner 2: MARCHANT MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 063100

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-28-100-031-0000
  • Lot: 1
  • Meridian: SEC 28 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9393
  • Longitude: -87.647

    Address

  • Full Address: 3148 N Orchard St
  • Address - House Number: 3148
  • Street Direction: N
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C075
  • 4-Digit Zip Code: 4543
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,603
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 920,257
  • High Value: 1,128,054
  • Low Value: 712,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 18, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $710,000
  • Market Land Value: $348,600
  • Market Improvement Value: $361,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,000
  • Assessed Land Value: $34,860
  • Assessed Improvements Value: $36,140

    Sales

  • Current Sale Contract Date: Apr 28, 2020
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Transaction ID: 11767889239
  • Current Sale Price: $875,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017007093

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 18, 2020
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 3148 North Orchard Street located in?
The 3148 North Orchard Street is a house located in the neighborhood of Lake View East in North Side, Chicago.
What is the average sales price for listings in 3148 North Orchard Street?
The average sales price for units in 3148 North Orchard Street is $0 currently.

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