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3242 North Ottawa Avenue

3242 North Ottawa Avenue, Chicago, IL 60634
Property in Belmont Heights
Sold Aug 22, 2018
$265,000
$251,750 by Us Bank Na
Mortgage Due Aug 01, 2048
Sold Nov 17, 1998
$151,000
$149,056 by Gn Mtg Co
Mortgage Due Nov 01, 2028
3242 North Ottawa 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 1942 and is 82 years old. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3242 North Ottawa Avenue has 1,156 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 3,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 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. The property was last sold in Jun 22, 2018 for $265,000. That's $229.24 per sqft. Prior to that sales transaction, the property was also sold in Oct 6, 1998 for $151,000. 3242 North Ottawa Avenue was last assessed in 2023. The total value of the property was assessed at $22,000. Specifically, the land the property is located on was valued at $7,500. While improvements on the property were assessed at a total of $14,500. 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 $3,824. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 1,156
  • Gross Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,156
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT HEIGHTS ADD/GAUNTLETT FEUE
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAMIREZ DANIEL
  • Current Owner 2: RAMIREZ CONSTANCE
  • Previous Owner : SANTIAGO GENESIS
  • Previous Owner 2: VILLANUEVA GLORIA
  • Owner Before Previous Owner: LOMBARDI HELEN
  • Owner Before Previous Owner 2: LOMBARDI FLORENCE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 170700

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 12-24-330-016-0000
  • Block: 8
  • Lot: 21
  • Meridian: SEC 24 TWN 40N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.9393
  • Longitude: -87.8181

    Address

  • Full Address: 3242 N Ottawa Ave
  • Address - House Number: 3242
  • Street Direction: N
  • Address - Street Name: Ottawa
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C036
  • 4-Digit Zip Code: 3116
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,824
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 337,967
  • High Value: 416,715
  • Low Value: 259,220

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,750
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Aug 22, 2018
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $251,750
  • 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: Aug 01, 2048

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $75,000
  • Market Improvement Value: $145,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $14,500

    Sales

  • Current Sale Contract Date: Jun 22, 2018
  • Current Sale Recording Date: Aug 22, 2018
  • Current Sale Transaction ID: 11499752974
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1823446011
  • Previous Sale Recording Date: Nov 17, 1998
  • Previous Sale Contract Date: Oct 06, 1998
  • Previous Sale Amount: $151,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Aug 22, 2018
  • First Mortgage Loan Amount: $251,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: GN MTG CO
  • Previous Mortgage Transaction Date: Nov 17, 1998
  • Previous Mortgage Loan Amount: $149,056
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2028

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Frequently Asked Questions

What neighborhood is 3242 North Ottawa Avenue located in?
The 3242 North Ottawa Avenue is a located in the neighborhood of Belmont Heights in Northwest Side, Chicago.
What is the average sales price for listings in 3242 North Ottawa Avenue?
The average sales price for units in 3242 North Ottawa Avenue is $0 currently.

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