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3421 North Narragansett Avenue

3421 North Narragansett Avenue, Chicago, IL 60634
Sold Jan 25, 2019
$290,000
Sold Nov 08, 2017
$165,000
3421 North Narragansett 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 1920 and is 104 years old. The home has a total of 4 rooms. 2 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, 3421 North Narragansett Avenue has 971 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 320 ft. The area measurement of the land has been determined as 4,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. Finally, the property is currently sourcing its water from a municipal 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, 3421 North Narragansett Avenue sold most recently in Dec 26, 2018 for a total of $290,000. If you work out the math, that's approximately a cost of $298.66 per sqft. Before that, the property was also sold for $165,000 in Oct 26, 2017. 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 $5,351 in taxes each year. 3421 North Narragansett Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $26,000. If we break it down further, the land itself was valued at $13,440. Improvements to the property, however, were assessed at a total of $12,560. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • 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: 4,800
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 320
  • Total Building Area: 971
  • Gross Building Area: 971
  • Building Area: 971
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 971
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WATSONS ADDISON AVE ADD TO CHICAGO
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLIVER L.(WATSONS)(ADDISON) AVE ADD TO (CHICAGO) SUB IN NW SW SEC 20-40-13

Ownership

  • Current Owner : JIMENEZ HUGO SANCHEZ
  • Current Owner 2: VARGA MICHELLE
  • Previous Owner : VERY OWN LLC
  • Owner Before Previous Owner: FANNIE MAE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 171100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-20-312-034-0000
  • Block: 7
  • Lot: 5
  • Meridian: SEC 20 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9427
  • Longitude: -87.7857

    Address

  • Full Address: 3421 N Narragansett Ave
  • Address - House Number: 3421
  • Street Direction: N
  • Address - Street Name: Narragansett
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C097
  • 4-Digit Zip Code: 3835
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,351
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 344,543
  • High Value: 421,596
  • Low Value: 267,490

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $134,400
  • Market Improvement Value: $125,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,000
  • Assessed Land Value: $13,440
  • Assessed Improvements Value: $12,560

    Sales

  • Current Sale Contract Date: Dec 26, 2018
  • Current Sale Recording Date: Jan 25, 2019
  • Current Sale Transaction ID: 11562665373
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1902522087
  • Previous Sale Recording Date: Nov 08, 2017
  • Previous Sale Contract Date: Oct 26, 2017
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Mortgage Transaction Date: Jan 25, 2019
  • First Mortgage Loan Amount: $284,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 3421 North Narragansett Avenue located in?
The 3421 North Narragansett Avenue is a house located in the neighborhood of Portage Park in Northwest Side, Chicago.
What is the average sales price for listings in 3421 North Narragansett Avenue?
The average sales price for units in 3421 North Narragansett Avenue is $0 currently.

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