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3531 West 61st Place

3531 West 61st Place, Chicago, IL 60629
Property in Chicago Lawn
Sold Dec 16, 2021
$260,000
$252,200 by Bay Equity Llc
Mortgage Due Jan 01, 2052
Sold Jun 26, 2013
$137,500
$133,375 by Bmo Harris Bank Na
Mortgage Due Jul 01, 2043
Local assessors in Chicago, IL have categorized 3531 West 61st Place as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. 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 5 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 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 3531 West 61st Place has a total of 1,040 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. 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 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 hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 2, 2021 for $260,000. That's $250.00 per sqft. Prior to that sales transaction, the property was also sold in Jun 4, 2013 for $137,500. 3531 West 61st Place was last assessed in 2023. The total value of the property was assessed at $17,000. Specifically, the land the property is located on was valued at $2,656. While improvements on the property were assessed at a total of $14,344. 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 $3,516. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EBERHART & HAMMONDS
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (EBERHART)&(HAMMONDS) SUB OF ALL LANDS W OF EBERHART AVE IN SW OF IN JAMES WEBBS SUB OF SE SEC 14-38-13

Ownership

  • Current Owner : FUENTES JOSE
  • Current Owner 2: FUENTES MARIA TRADE
  • Previous Owner : PINA ENRIQUE
  • Owner Before Previous Owner: MARTINEZ MARIA G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 660400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-14-420-011-0000
  • Block: 2
  • Lot: 13
  • Meridian: SEC 14 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7813
  • Longitude: -87.7118

    Address

  • Full Address: 3531 W 61st Pl
  • Address - House Number: 3531
  • Street Direction: W
  • Address - Street Name: 61st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 3611
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,516
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2376
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 275,855
  • High Value: 341,411
  • Low Value: 210,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,200
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $252,200
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $26,560
  • Market Improvement Value: $143,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,656
  • Assessed Improvements Value: $14,344

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11875031562
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2135017003
  • Previous Sale Recording Date: Jun 26, 2013
  • Previous Sale Contract Date: Jun 04, 2013
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $252,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BMO HARRIS BANK NA
  • Previous Mortgage Transaction Date: Jun 26, 2013
  • Previous Mortgage Loan Amount: $133,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2043

About South Side



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Frequently Asked Questions

What neighborhood is 3531 West 61st Place located in?
The 3531 West 61st Place is a located in the neighborhood of Chicago Lawn in South Side, Chicago.
What is the average sales price for listings in 3531 West 61st Place?
The average sales price for units in 3531 West 61st Place is $0 currently.

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