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3538 West 63rd Place

3538 West 63rd Place, Chicago, IL 60629
Property in Marquette Park
Sold Mar 03, 2022
Transfer
$261,250 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2052
Sold Jun 07, 2016
$192,000
$188,522 by Neighborhood Loans
Mortgage Due Jun 01, 2046
Local assessors in Chicago, IL have categorized 3538 West 63rd Place as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 4,129 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 unknown 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 3538 West 63rd Place has a total of 935 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame 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 wood 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. Before that, the property was also sold for $192,000 in May 27, 2016. 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 $2,188 in taxes each year. 3538 West 63rd Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,000. If we break it down further, the land itself was valued at $3,510. Improvements to the property, however, were assessed at a total of $10,490. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,129
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 935
  • Gross Building Area: 935
  • Building Area: 935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EBERHARTS SUB
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOHN F (EBERHARTS) SUB OF NE SEC 23-38-13

Ownership

  • Current Owner : ARANDA JOCELYNE
  • Current Owner 2: ALVARADO JOSE ERASMO
  • Previous Owner : ORELLANA MARITZA
  • Owner Before Previous Owner: MARTINEZ ANGEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 660500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-23-200-053-0000
  • Block: 4
  • Lot: 31,32
  • Meridian: SEC 23 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7782
  • Longitude: -87.7119

    Address

  • Full Address: 3538 W 63rd Pl
  • Address - House Number: 3538
  • Street Direction: W
  • Address - Street Name: 63rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C048
  • 4-Digit Zip Code: 3726
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,188
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2376
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 255,963
  • High Value: 316,793
  • Low Value: 195,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,250
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 03, 2022
  • First Open Lien Mortgage Loan Amount: $261,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $35,100
  • Market Improvement Value: $104,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $3,510
  • Assessed Improvements Value: $10,490

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Transaction ID: 11886632048
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2206206214
  • Previous Sale Recording Date: Jun 07, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $192,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 03, 2022
  • First Mortgage Loan Amount: $261,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEIGHBORHOOD LOANS
  • Previous Mortgage Transaction Date: Jun 07, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $188,522
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 3538 West 63rd Place located in?
The 3538 West 63rd Place is a located in the neighborhood of Marquette Park in South Side, Chicago.
What is the average sales price for listings in 3538 West 63rd Place?
The average sales price for units in 3538 West 63rd Place is $0 currently.

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