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3238 North Oleander Avenue

3238 North Oleander Avenue, Chicago, IL 60634
Property in Belmont Heights
Sold May 11, 2021
$390,000
$351,000 by Finance Of America Mortgage Ll
Mortgage Due Jun 01, 2051
3238 North Oleander Avenue in Chicago, IL was first built in 1925 and is 99 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 ranch/rambler style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3238 North Oleander Avenue has 2,062 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 3,990 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 no garage. 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 wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a 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, 3238 North Oleander Avenue sold most recently in May 4, 2021 for a total of $390,000. If you work out the math, that's approximately a cost of $189.14 per sqft. 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 $4,442 in taxes each year. 3238 North Oleander Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,000. If we break it down further, the land itself was valued at $7,980. Improvements to the property, however, were assessed at a total of $17,020. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,990
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,062
  • Gross Building Area: 2,062
  • Building Area: 2,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONE & COS SECOND ADD TO BELMONT
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H O (STONE) & COS (SECOND) ADD TO (BELMONT) TERRACE S UB OF LT6 OF ASSESSORS DIV OF EH SEC 24-40-12

Ownership

  • Current Owner : RONCAL MICHAEL
  • Current Owner 2: RONCAL KELLY
  • Previous Owner : DOWNS RICHARD
  • Previous Owner 2: DOWNS DEBRA A
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 170800

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 12-24-424-017-0000
  • Block: 6
  • Lot: 6
  • Meridian: SEC 24 TWN 40N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.9392
  • Longitude: -87.8156

    Address

  • Full Address: 3238 N Oleander Ave
  • Address - House Number: 3238
  • Street Direction: N
  • Address - Street Name: Oleander
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C036
  • 4-Digit Zip Code: 3229
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,442
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2305
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 400,626
  • High Value: 492,971
  • Low Value: 308,281

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $351,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $351,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $79,800
  • Market Improvement Value: $170,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $7,980
  • Assessed Improvements Value: $17,020

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11834717223
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2113107541

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $351,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Side



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Frequently Asked Questions

What neighborhood is 3238 North Oleander Avenue located in?
The 3238 North Oleander Avenue is a located in the neighborhood of Belmont Heights in Northwest Side, Chicago.
What is the average sales price for listings in 3238 North Oleander Avenue?
The average sales price for units in 3238 North Oleander Avenue is $0 currently.

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