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3515 Madison Avenue

3515 Madison Avenue, Brookfield, IL 60513
House in Proviso
Sold Oct 02, 2020
$260,000
$247,000 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2050
Sold Oct 28, 2015
$240,000
$228,000 by Orion Lending
Mortgage Due Nov 01, 2045
Local assessors in Brookfield, IL have categorized 3515 Madison Avenue as a residential type of property. The home was built in 1918 and is 106 years old. The property's lot size has been calculated to be 6,655 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, 2 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 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 3515 Madison Avenue has a total of 1,063 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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. 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, 3515 Madison Avenue sold most recently in Jul 27, 2020 for a total of $260,000. If you work out the math, that's approximately a cost of $244.59 per sqft. Before that, the property was also sold for $240,000 in Oct 13, 2015. 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 $6,848 in taxes each year. 3515 Madison Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,855. If we break it down further, the land itself was valued at $4,326. Improvements to the property, however, were assessed at a total of $15,529. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 6,655
  • Total Building Area: 1,063
  • Gross Building Area: 1,063
  • Building Area: 1,063
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,063
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PORTIA MANOR
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PORTIA)(MANOR) BEING FREDERICK H BARTLETTS SUB IN TH E SW SEC 34-39-12

Ownership

  • Current Owner : FELTEN ALEX R
  • Current Owner 2: FELTEN ROBYN MARIE
  • Previous Owner : GACH CHARLES J
  • Previous Owner 2: GACH LAURA E
  • Owner Before Previous Owner: VONDRASEK MARY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 818800

Geography

  • District: 31
  • Parcel: 15-34-306-034-0000
  • Block: 2
  • Lot: 22
  • Meridian: SEC 34 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8269
  • Longitude: -87.8537

    Address

  • Full Address: 3515 Madison Ave
  • Address - House Number: 3515
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 1234
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,848
  • Tax Rate Code Area: 31054

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 312,221
  • High Value: 383,726
  • Low Value: 240,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 02, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $247,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $198,550
  • Market Land Value: $43,260
  • Market Improvement Value: $155,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,855
  • Assessed Land Value: $4,326
  • Assessed Improvements Value: $15,529

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11790439310
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2027620073
  • Previous Sale Recording Date: Oct 28, 2015
  • Previous Sale Contract Date: Oct 13, 2015
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 02, 2020
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ORION LENDING
  • Previous Mortgage Transaction Date: Oct 28, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $228,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Brookfield



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Nearby Rentals

Unit for rent at 9232 Broadway Avenue, Brookfield, IL, 60513

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
9232 Broadway Avenue #2, Brookfield, IL, 60513 Listing by Hussain Kazmi

Frequently Asked Questions

What neighborhood is 3515 Madison Avenue located in?
The 3515 Madison Avenue is a house located in the neighborhood of Proviso in Brookfield, Brookfield.
What is the average sales price for listings in 3515 Madison Avenue?
The average sales price for units in 3515 Madison Avenue is $0 currently.

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