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3431 Wisconsin Avenue

3431 Wisconsin Avenue, Berwyn, IL 60402
Multifamily in Berwyn
Sold Apr 05, 2023
$297,000
$237,600 by Movement Mortgage, Llc
Mortgage Due May 01, 2053
Sold Apr 10, 2000
$165,000
$148,500 by Market Street Mtg Corp
Mortgage Due Jan 01, 2030
Local assessors in Berwyn, IL have categorized 3431 Wisconsin Avenue as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 4,200 square feet. 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 9 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3431 Wisconsin Avenue has a total of 2,073 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 detached 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 good. 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. 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, 3431 Wisconsin Avenue was last sold in Mar 31, 2023 for $297,000. According to our calculations, that's $143.27 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Dec 29, 1999. Current property owners are expected to pay $11,827 in taxes per year. The property on 3431 Wisconsin Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,700. To break that down further, the land itself was valued at $4,200. While improvements to the property were assessed at a total of $25,500. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,200
  • Total Building Area: 2,073
  • Gross Building Area: 2,073
  • Building Area: 2,073
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,073
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANDREWS & PIPERS SECOND
  • Land Acres: 0.096
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (ANDREWS) & (PIPERS)(SECOND) ADD TO BERWYN BLKS 7 10 23-26 IN LAVERGNE SUB SEC 31-39-13

Ownership

  • Current Owner : ORTEGA JAVIE
  • Previous Owner : GALLEGOS JULIA T
  • Owner Before Previous Owner: PRODANIC ZLATAN
  • Owner Before Previous Owner 2: PRODANIC STANA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Berwyn South School District 100
  • Census Tract: 815400

Geography

  • District: 11
  • Parcel: 16-31-130-030-0000
  • Block: 7,10
  • Lot: 39,38
  • Meridian: SEC 31 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.8292
  • Longitude: -87.7999

    Address

  • Full Address: 3431 Wisconsin Ave
  • Address - House Number: 3431
  • Address - Street Name: Wisconsin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C031
  • 4-Digit Zip Code: 3356
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,827
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,116,831
  • High Value: 1,285,400
  • Low Value: 948,261

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $243,600
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Apr 05, 2023
  • First Open Lien Mortgage Loan Amount: $237,600
  • 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: May 01, 2053
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Apr 05, 2023
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $297,000
  • Market Land Value: $42,000
  • Market Improvement Value: $255,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,700
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $25,500

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Transaction ID: 11904598723
  • Current Sale Price: $297,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41110
  • Previous Sale Recording Date: Apr 10, 2000
  • Previous Sale Contract Date: Dec 29, 1999
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Apr 05, 2023
  • First Mortgage Loan Amount: $237,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053
  • Second Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Mortgage Transaction Date: Apr 05, 2023
  • Second Mortgage Loan Amount: $6,000
  • Second Mortgage Loan Due Date: May 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: MARKET STREET MTG CORP
  • Previous Mortgage Transaction Date: Apr 10, 2000
  • Previous Mortgage Loan Amount: $148,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2030

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Frequently Asked Questions

What neighborhood is 3431 Wisconsin Avenue located in?
The 3431 Wisconsin Avenue is a multifamily located in the neighborhood of Berwyn in Berwyn, Berwyn.
What is the average sales price for listings in 3431 Wisconsin Avenue?
The average sales price for units in 3431 Wisconsin Avenue is $0 currently.

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