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3742 North Ashland Avenue

3742 North Ashland Avenue, Chicago, IL 60613
Property in Lakeview
Sold May 18, 2016
$776,000
$545,000 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2051
Sold Oct 20, 2006
$540,000
$378,000 by Professional Mortgage Partners
Mortgage Due Oct 01, 2036
3742 North Ashland Avenue in Chicago, IL was first built in 1895 and is 129 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 multifamily style. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3742 North Ashland Avenue has 3,158 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 2,700 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 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 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 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, 3742 North Ashland Avenue sold most recently in Apr 23, 2016 for a total of $776,000. If you work out the math, that's approximately a cost of $245.73 per sqft. Before that, the property was also sold for $540,000 in Sep 28, 2006. 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 $12,958 in taxes each year. 3742 North Ashland Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $63,000. If we break it down further, the land itself was valued at $33,750. Improvements to the property, however, were assessed at a total of $29,250. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,700
  • Total Building Area: 3,158
  • Gross Building Area: 3,158
  • Building Area: 3,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,158
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORDS SUB
  • Land Acres: 0.062
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: CHARLES J (FORDS) SUB OF BLK19 IN EXECUTORS OF W E JO NES SUB OF SEC19 EX SW NE & EX SE NW & EX EH SE SEC 19-40-14

Ownership

  • Current Owner : EBADIFAR BEHDAD
  • Previous Owner : SAGE MICHAEL A
  • Previous Owner 2: SAGE JENNIFER M
  • Owner Before Previous Owner: PELTON LORENE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 060300

Zoning

  • Zoning: C1-2

Geography

  • Assessors Map Reference: 009-112-01
  • District: 73
  • Parcel: 14-19-224-025-0000
  • Block: 19
  • Lot: 7
  • Meridian: SEC 19 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9501
  • Longitude: -87.6695

    Address

  • Full Address: 3742 N Ashland Ave
  • Address - House Number: 3742
  • Street Direction: N
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C036
  • 4-Digit Zip Code: 3602
  • Zip Code: 60613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,958
  • Tax Rate Code Area: 73001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $545,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $545,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $630,000
  • Market Land Value: $337,500
  • Market Improvement Value: $292,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,000
  • Assessed Land Value: $33,750
  • Assessed Improvements Value: $29,250

    Sales

  • Current Sale Contract Date: Apr 23, 2016
  • Current Sale Recording Date: May 18, 2016
  • Current Sale Transaction ID: 1561143522
  • Current Sale Price: $776,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1613956014
  • Previous Sale Recording Date: Oct 20, 2006
  • Previous Sale Contract Date: Sep 28, 2006
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 18, 2016
  • First Mortgage Loan Amount: $620,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROFESSIONAL MORTGAGE PARTNERS
  • Previous Mortgage Transaction Date: Oct 20, 2006
  • Previous Mortgage Loan Amount: $378,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2036

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Frequently Asked Questions

What neighborhood is 3742 North Ashland Avenue located in?
The 3742 North Ashland Avenue is a located in the neighborhood of Lakeview in North Side, Chicago.
What is the average sales price for listings in 3742 North Ashland Avenue?
The average sales price for units in 3742 North Ashland Avenue is $0 currently.

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