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3447 North Oak Park Avenue

3447 North Oak Park Avenue, Chicago, IL 60634
Property in Schorsch Village
Sold Sep 18, 2014
$285,000
$270,750 by The Privatebank & Trust Co
Mortgage Due Sep 01, 2044
Sold Jun 08, 2000
$220,000
$209,000 by Founders Bank
Mortgage Due Jun 01, 2007
Local assessors in Chicago, IL have categorized 3447 North Oak Park Avenue as a residential type of property. The home was built in 1931 and is 93 years old. The property's lot size has been calculated to be 3,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 is one full bathroom. There is also a partial bathroom. 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 3447 North Oak Park Avenue has a total of 1,161 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 3 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Aug 29, 2014 for $285,000. That's $245.48 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2000 for $220,000. 3447 North Oak Park Avenue was last assessed in 2023. The total value of the property was assessed at $28,963. Specifically, the land the property is located on was valued at $10,500. While improvements on the property were assessed at a total of $18,463. 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 $5,257. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 1,161
  • Gross Building Area: 1,161
  • Building Area: 1,161
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,161
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATSONS BELMONT HEIGHTS
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLIVER L (WATSONS) (BELMONT) (HEIGHTS) ADD TO (CHICAG O) SUB OF WH OF SE SEC 19-40-13

Ownership

  • Current Owner : KLOSER JOHN P
  • Current Owner 2: DATCU MICHELE
  • Previous Owner : KORBA JOHN F
  • Previous Owner 2: KORBA NANCY R
  • Owner Before Previous Owner: CALKINS WILLIAM F
  • Owner Before Previous Owner 2: CALKINS ANNA MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 171000

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-19-408-005-0000
  • Block: 5
  • Lot: 36
  • Meridian: SEC 19 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9432
  • Longitude: -87.7955

    Address

  • Full Address: 3447 N Oak Park Ave
  • Address - House Number: 3447
  • Street Direction: N
  • Address - Street Name: Oak Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 3720
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,257
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2305
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 401,254
  • High Value: 493,743
  • Low Value: 308,764

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,750
  • First Open Lien Mortgage Lender: THE PRIVATEBANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 18, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $270,750
  • 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: Sep 01, 2044

    Market Valuation

  • Market Total Value: $289,630
  • Market Land Value: $105,000
  • Market Improvement Value: $184,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,963
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $18,463

    Sales

  • Current Sale Contract Date: Aug 29, 2014
  • Current Sale Recording Date: Sep 18, 2014
  • Current Sale Transaction ID: 1087951795
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1426155083
  • Previous Sale Recording Date: Jun 08, 2000
  • Previous Sale Contract Date: May 31, 2000
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE PRIVATEBANK & TRUST CO
  • First Mortgage Transaction Date: Sep 18, 2014
  • First Mortgage Loan Amount: $270,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FOUNDERS BANK
  • Previous Mortgage Transaction Date: Jun 08, 2000
  • Previous Mortgage Loan Amount: $209,000
  • Previous Mortgage Term: 83
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Jun 01, 2007

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Frequently Asked Questions

What neighborhood is 3447 North Oak Park Avenue located in?
The 3447 North Oak Park Avenue is a located in the neighborhood of Schorsch Village in Northwest Side, Chicago.
What is the average sales price for listings in 3447 North Oak Park Avenue?
The average sales price for units in 3447 North Oak Park Avenue is $0 currently.

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