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3451 South Bell Avenue

3451 South Bell Avenue, Chicago, IL 60608
Property in McKinley Park
Sold Jun 24, 2015
$300,000
$228,000 by Wintrust Mortgage
Mortgage Due Jul 01, 2045
Sold Jun 19, 2001
$175,000
$120,000 by Charter One Bank Fsb
Mortgage Due Jul 01, 2016
3451 South Bell 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 2001 and is 23 years old. The home has a total of 6 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, 3451 South Bell Avenue has 1,200 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 masonry 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 masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 3451 South Bell Avenue was last sold in Jun 10, 2015 for $300,000. According to our calculations, that's $250.00 per sqft. Prior to that sales transaction, the property was sold for $175,000 in Jun 4, 2001. Current property owners are expected to pay $5,672 in taxes per year. The property on 3451 South Bell Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $31,001. To break that down further, the land itself was valued at $7,813. While improvements to the property were assessed at a total of $23,188. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALKERS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ALVARADO GUILLERMO SANCHEZ
  • Previous Owner : CHAN MARY
  • Previous Owner 2: LEE BORIS
  • Owner Before Previous Owner: STATE BANK OF COUNTRYSIDE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840300

Zoning

  • Zoning: RS-3

Geography

  • District: 76
  • Parcel: 17-31-120-042-0000
  • Block: 24
  • Lot: 30,31
  • Meridian: SEC 31 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8307
  • Longitude: -87.6811

    Address

  • Full Address: 3451 S Bell Ave
  • Address - House Number: 3451
  • Street Direction: S
  • Address - Street Name: Bell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C037
  • 4-Digit Zip Code: 6010
  • 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: 450,173
  • High Value: 545,504
  • Low Value: 354,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 24, 2015
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $228,000
  • 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: Jul 01, 2045

    Market Valuation

  • Market Total Value: $310,010
  • Market Land Value: $78,130
  • Market Improvement Value: $231,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,001
  • Assessed Land Value: $7,813
  • Assessed Improvements Value: $23,188

    Sales

  • Current Sale Contract Date: Jun 10, 2015
  • Current Sale Recording Date: Jun 24, 2015
  • Current Sale Transaction ID: 1223716273
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1517542037
  • Previous Sale Recording Date: Jun 19, 2001
  • Previous Sale Contract Date: Jun 04, 2001
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jun 24, 2015
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: CHARTER ONE BANK FSB
  • Previous Mortgage Transaction Date: Jun 19, 2001
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Jul 01, 2016

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3451 South Bell Avenue located in?
The 3451 South Bell Avenue is a located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 3451 South Bell Avenue?
The average sales price for units in 3451 South Bell Avenue is $0 currently.

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