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3542 West 107th Street

3542 West 107th Street, Chicago, IL 60655
Sold Apr 22, 2022
$280,000
$274,926 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2052
Sold Apr 22, 2022
$280,000
$274,926 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2052
3542 West 107th Street in Chicago, IL was first built in 1942 and is 82 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 is a 1 partial bathroom. 3542 West 107th Street has 754 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 960 ft and the linear feet between the front and back of the lot is 400. In total, the area measurement of the land is 3,890 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 no garage. 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with 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, 3542 West 107th Street sold most recently in Apr 4, 2022 for a total of $280,000. If you work out the math, that's approximately a cost of $371.35 per sqft. Before that, the property was also sold for $280,000 in Apr 4, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,507 in taxes each year. 3542 West 107th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,000. If we break it down further, the land itself was valued at $3,890. Improvements to the property, however, were assessed at a total of $13,110. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,890
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 960
  • Total Building Area: 754
  • Gross Building Area: 754
  • Building Area: 754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 754
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOVLANDS CENTRAL PARK
  • Land Acres: 0.089
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J S (HOVLANDS)(CENTRAL)(PARK) AVE SUB OF W20ACS OF S6 0ACS OF NE SEC 14-37-13

Ownership

  • Current Owner : BAZAL JOSEPH F
  • Current Owner 2: COMMINS PAUL
  • Previous Owner : MCALLISTER STEPHEN R
  • Previous Owner 2: MCALLISTER MARY J
  • Owner Before Previous Owner: MCALLISTER STEPHEN R
  • Owner Before Previous Owner 2: MCALLISTER MARY J

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 740200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 24-14-213-193-0000
  • Lot: 21
  • Meridian: SEC 14 TWN 37N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.6989
  • Longitude: -87.7101

    Address

  • Full Address: 3542 W 107th St
  • Address - House Number: 3542
  • Street Direction: W
  • Address - Street Name: 107th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 2523
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,507
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 262,714
  • High Value: 289,277
  • Low Value: 236,152

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,926
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $274,926
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $38,900
  • Market Improvement Value: $131,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,890
  • Assessed Improvements Value: $13,110

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Transaction ID: 11890497239
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2211213078
  • Previous Sale Recording Date: Apr 22, 2022
  • Previous Sale Contract Date: Apr 04, 2022
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 22, 2022
  • Previous Mortgage Loan Amount: $274,926
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2052

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Frequently Asked Questions

What neighborhood is 3542 West 107th Street located in?
The 3542 West 107th Street is a house located in the neighborhood of Mount Greenwood in Far South Chicago, Chicago.
What is the average sales price for listings in 3542 West 107th Street?
The average sales price for units in 3542 West 107th Street is $239,000 , or $317/sqft. currently.

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