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3640 North Luna Avenue

3640 North Luna Avenue, Chicago, IL 60641
Property in Portage Park
Sold Nov 18, 2019
$225,000
$213,750 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2049
3640 North Luna Avenue in Chicago, IL was first built in 1924 and is 100 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 bungalow style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3640 North Luna Avenue has 1,335 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. In total, the area measurement of the land is 3,780 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. 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 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, 3640 North Luna Avenue sold most recently in Nov 12, 2019 for a total of $225,000. If you work out the math, that's approximately a cost of $168.54 per sqft. 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 $4,907 in taxes each year. 3640 North Luna Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,000. If we break it down further, the land itself was valued at $10,584. Improvements to the property, however, were assessed at a total of $19,416. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,780
  • Total Building Area: 1,335
  • Gross Building Area: 1,335
  • Building Area: 1,335
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,335
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KOESTER & ZANDERS NORTH CENTRAL
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KOESTER) & (ZANDERS) NORTH (CENTRAL) AVE SUB A SUB O F S 1/4 OF W 1/4 OF NW SEC 21-40-13

Ownership

  • Current Owner : VARGAS GUADALUPE
  • Previous Owner : GRMUSICH INGRID C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 150700

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-21-124-026-0000
  • Lot: 45
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9471
  • Longitude: -87.7661

    Address

  • Full Address: 3640 N Luna Ave
  • Address - House Number: 3640
  • Street Direction: N
  • Address - Street Name: Luna
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 3225
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,907
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 373,446
  • High Value: 411,204
  • Low Value: 335,687

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Nov 18, 2019
  • First Open Lien Mortgage Loan Amount: $213,750
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $105,840
  • Market Improvement Value: $194,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $10,584
  • Assessed Improvements Value: $19,416

    Sales

  • Current Sale Contract Date: Nov 12, 2019
  • Current Sale Recording Date: Nov 18, 2019
  • Current Sale Transaction ID: 11679661119
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1932208385

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 18, 2019
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 3640 North Luna Avenue located in?
The 3640 North Luna Avenue is a located in the neighborhood of Portage Park in Northwest Side, Chicago.
What is the average sales price for listings in 3640 North Luna Avenue?
The average sales price for units in 3640 North Luna Avenue is $0 currently.

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