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3421 North Ridgeway Avenue

3421 North Ridgeway Avenue, Chicago, IL 60618
Property in Avondale
Sold Aug 16, 2023
$480,000
Buyer
Seller
$384,000 by Proper Rate, Llc
Mortgage Due Aug 01, 2053
Sold Aug 10, 2011
$167,000
3421 North Ridgeway Avenue in Chicago, IL was first built in 1921 and is 103 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 unknown. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3421 North Ridgeway Avenue has 1,260 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 250 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 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 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, 3421 North Ridgeway Avenue sold most recently in Jul 25, 2023 for a total of $480,000. If you work out the math, that's approximately a cost of $380.95 per sqft. Before that, the property was also sold for $167,000 in Jun 24, 2011. 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 $7,395 in taxes each year. 3421 North Ridgeway Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,811. If we break it down further, the land itself was valued at $10,938. Improvements to the property, however, were assessed at a total of $24,873. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Condition

New Construction

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JONES SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J R (WICKERSHAMS) RESUB OF BLKS5&6 OF K K JONES SUB O F NH SW SEC 23-40-13

Ownership

  • Current Owner : PHILLIPS IAN
  • Previous Owner : IVERSON MARK
  • Owner Before Previous Owner: ARCILLA MICHELLE S
  • Owner Before Previous Owner 2: ARCILLA JOEY
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 831100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 019-107-04
  • District: 71
  • Parcel: 13-23-314-012-0000
  • Block: 5,6,K
  • Lot: 33
  • Meridian: SEC 23 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9435
  • Longitude: -87.7208

    Address

  • Full Address: 3421 N Ridgeway Ave
  • Address - House Number: 3421
  • Street Direction: N
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C044
  • 4-Digit Zip Code: 5219
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,395
  • Tax Rate Code Area: 71164

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 480,382
  • High Value: 591,360
  • Low Value: 369,404

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,000
  • First Open Lien Mortgage Lender: PROPER RATE, LLC
  • First Open Lien Mortgage Recording Date: Aug 16, 2023
  • First Open Lien Mortgage Loan Amount: $384,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $358,110
  • Market Land Value: $109,380
  • Market Improvement Value: $248,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,811
  • Assessed Land Value: $10,938
  • Assessed Improvements Value: $24,873

    Sales

  • Current Sale Contract Date: Jul 25, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Transaction ID: 11911024480
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28072
  • Previous Sale Recording Date: Aug 10, 2011
  • Previous Sale Contract Date: Jun 24, 2011
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROPER RATE, LLC
  • First Mortgage Transaction Date: Aug 16, 2023
  • First Mortgage Loan Amount: $384,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

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Frequently Asked Questions

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

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