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3858 North Newcastle Avenue

3858 North Newcastle Avenue, Chicago, IL 60634
House in Dunning
Sold Nov 12, 2020
$228,000
$295,000 by Associated Bank Na
Mortgage Due Aug 01, 2051
3858 North Newcastle Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3858 North Newcastle Avenue has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,457 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 3858 North Newcastle Avenue sold most recently in Oct 13, 2020 for a total of $228,000. If you work out the math, that's approximately a cost of $237.50 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 $4,474 in taxes each year. 3858 North Newcastle Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,174. If we break it down further, the land itself was valued at $9,680. Improvements to the property, however, were assessed at a total of $15,494. 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: 1953
  • Effective Year Built: 1953
  • 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: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,457
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.079
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARTINEZ VICTOR M
  • Previous Owner : CECALA SALVATORE
  • Previous Owner 2: CECALA DOMENICO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 170300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-19-117-021-0000
  • Meridian: SEC 19 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9508
  • Longitude: -87.7966

    Address

  • Full Address: 3858 N Oak Park Ave
  • Address - House Number: 3858
  • Street Direction: N
  • Address - Street Name: Oak Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 2360
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,474
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 355,533
  • High Value: 436,716
  • Low Value: 274,351

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $391,000
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: Aug 09, 2021
  • First Open Lien Mortgage Loan Amount: $295,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 04, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $96,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 22, 2051

    Market Valuation

  • Market Total Value: $251,740
  • Market Land Value: $96,800
  • Market Improvement Value: $154,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,174
  • Assessed Land Value: $9,680
  • Assessed Improvements Value: $15,494

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11799474830
  • Current Sale Price: $228,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031721016

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $216,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Northwest Side



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3858 North Newcastle Avenue located in?
The 3858 North Newcastle Avenue is a house located in the neighborhood of Dunning in Northwest Side, Chicago.
What is the average sales price for listings in 3858 North Newcastle Avenue?
The average sales price for units in 3858 North Newcastle Avenue is $0 currently.

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