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3257 North Oakley Avenue

3257 North Oakley Avenue, Chicago, IL 60618
Property in Roscoe Village
Sold Oct 12, 2023
$530,000
Buyer
Sold Jun 01, 2021
$495,000
$396,000 by American Pacific Mortgage Corp
Mortgage Due Jun 01, 2051
Local assessors in Chicago, IL have categorized 3257 North Oakley Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,880 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3257 North Oakley Avenue has a total of 2,004 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of materials that we aren't sure of. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 3257 North Oakley Avenue was last sold in Sep 28, 2023 for $530,000. According to our calculations, that's $264.47 per sqft. Prior to that sales transaction, the property was sold for $495,000 in Apr 21, 2021. Current property owners are expected to pay $12,460 in taxes per year. The property on 3257 North Oakley Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $64,000. To break that down further, the land itself was valued at $36,000. While improvements to the property were assessed at a total of $28,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,880
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,004
  • Gross Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,004
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HARTMANS SUB
  • Land Acres: 0.066
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: A (HARTMANS) SUB OF BLK46 OF EXECUTORS OF W E JONES S UB OF SEC19 EX SW NE & EX SE NW & EX EH SE SEC 19-40-14

Ownership

  • Current Owner : NXS LLC
  • Previous Owner : PEARCE RICHARD
  • Owner Before Previous Owner: ANDERSON RYAN J
  • Owner Before Previous Owner 2: ANDERSON LINDSAY K
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 051000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-19-325-002-0000
  • Block: 46
  • Lot: 34
  • Meridian: SEC 19 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9411
  • Longitude: -87.6852

    Address

  • Full Address: 3257 N Oakley Ave
  • Address - House Number: 3257
  • Street Direction: N
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C070
  • 4-Digit Zip Code: 6342
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,460
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 574,824
  • High Value: 721,702
  • Low Value: 427,945

    Market Valuation

  • Market Total Value: $640,000
  • Market Land Value: $360,000
  • Market Improvement Value: $280,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,000
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $28,000

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914344348
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 29110
  • Previous Sale Recording Date: Jun 01, 2021
  • Previous Sale Contract Date: Apr 21, 2021
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 01, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $396,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 3257 North Oakley Avenue located in?
The 3257 North Oakley Avenue is a located in the neighborhood of Roscoe Village in North Side, Chicago.
What is the average sales price for listings in 3257 North Oakley Avenue?
The average sales price for units in 3257 North Oakley Avenue is $0 currently.

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