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3530 West 72nd Place

3530 West 72nd Place, Chicago, IL 60629
Property in Marquette Park
Sold Jan 11, 2023
$230,000
$218,500 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2053
Sold Mar 09, 2007
$248,000
$198,400 by Americas Wholesale Lender
Mortgage Due Mar 01, 2037
3530 West 72nd Place in Chicago, IL was first built in 1957 and is 67 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 style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3530 West 72nd Place has 941 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 300 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 3,750 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 masonry 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 masonry. Walk into the home itself and you'll find that it is currently being cooled with central 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, 3530 West 72nd Place sold most recently in Dec 14, 2022 for a total of $230,000. If you work out the math, that's approximately a cost of $244.42 per sqft. Before that, the property was also sold for $248,000 in Feb 27, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,551 in taxes each year. 3530 West 72nd Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,000. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $19,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: Unknown
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 941
  • Gross Building Area: 941
  • Building Area: 941
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 941
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRITIGANS MARQUETTE PARK HIGHLANDS
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WM H (BRITIGANS)(MARQUETTE) PARK (HIGHLANDS) SUB OF P ART OF EX W 50 FT LYING N OF LINE DRAWN 8 FT S & PARELLEL TO N LINE OF

Ownership

  • Current Owner : RAMIREZ NICOLAS
  • Previous Owner : RODRIGUEZ ARTURO
  • Owner Before Previous Owner: KISHKUNAS PHYLLIS
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 661100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-26-208-023-0000
  • Lot: 187
  • Meridian: SEC 26 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7617
  • Longitude: -87.7113

    Address

  • Full Address: 3530 W 72nd Pl
  • Address - House Number: 3530
  • Street Direction: W
  • Address - Street Name: 72nd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C050
  • 4-Digit Zip Code: 4304
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,551
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 368,443
  • High Value: 462,587
  • Low Value: 274,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 11, 2023
  • First Open Lien Mortgage Loan Amount: $218,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $30,000
  • Market Improvement Value: $190,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $19,000

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Jan 11, 2023
  • Current Sale Transaction ID: 11900780848
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8072
  • Previous Sale Recording Date: Mar 09, 2007
  • Previous Sale Contract Date: Feb 27, 2007
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 11, 2023
  • First Mortgage Loan Amount: $218,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Mar 09, 2007
  • Previous Mortgage Loan Amount: $198,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Mar 01, 2037

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Frequently Asked Questions

What neighborhood is 3530 West 72nd Place located in?
The 3530 West 72nd Place is a located in the neighborhood of Marquette Park in South Side, Chicago.
What is the average sales price for listings in 3530 West 72nd Place?
The average sales price for units in 3530 West 72nd Place is $0 currently.

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