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3385 South Archer Avenue

3385 South Archer Avenue, Chicago, IL 60608
Townhouse in McKinley Park
Sold Oct 27, 2020
$340,000
Buyer
Seller
$210,000 by Citibank Na
Mortgage Due Oct 01, 2040
Sold Aug 25, 2016
$310,000
$100,000 by Pacific Global Bank
Mortgage Due Sep 01, 2046
Local assessors in Chicago, IL have categorized 3385 South Archer Avenue as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 1,013 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 3 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 3385 South Archer Avenue has a total of 1,480 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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 asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Sep 21, 2020 for $340,000. That's $229.73 per sqft. Prior to that sales transaction, the property was also sold in Aug 10, 2016 for $310,000. 3385 South Archer Avenue was last assessed in 2023. The total value of the property was assessed at $31,001. Specifically, the land the property is located on was valued at $2,533. While improvements on the property were assessed at a total of $28,468. 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 $5,672. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,013
  • Total Building Area: 1,480
  • Gross Building Area: 1,480
  • Building Area: 1,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANAL TRUSTEES
  • Land Acres: 0.023
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : ZHANG TING
  • Previous Owner : WEN DANYANG
  • Owner Before Previous Owner: ZHANG SHAO HUI
  • Owner Before Previous Owner 2: SONG YUN LIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840400

Zoning

  • Zoning: RT-4

Geography

  • District: 76
  • Parcel: 17-31-223-073-0000
  • Block: 3
  • Lot: 9-15
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8323
  • Longitude: -87.6742

    Address

  • Full Address: 3385 S Archer Ave
  • Address - House Number: 3385
  • Street Direction: S
  • Address - Street Name: Archer
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C048
  • 4-Digit Zip Code: 6828
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,672
  • Tax Rate Code Area: 76001

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 422,414
  • High Value: 511,866
  • Low Value: 332,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2040

    Market Valuation

  • Market Total Value: $310,010
  • Market Land Value: $25,330
  • Market Improvement Value: $284,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,001
  • Assessed Land Value: $2,533
  • Assessed Improvements Value: $28,468

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11795084303
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029906085
  • Previous Sale Recording Date: Aug 25, 2016
  • Previous Sale Contract Date: Aug 10, 2016
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC GLOBAL BANK
  • Previous Mortgage Transaction Date: Aug 25, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3385 South Archer Avenue located in?
The 3385 South Archer Avenue is a townhouse located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 3385 South Archer Avenue?
The average sales price for units in 3385 South Archer Avenue is $0 currently.

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