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3860 West Grenshaw Street

3860 West Grenshaw Street, Chicago, IL 60624
Property in Lawndale
Sold Feb 22, 2021
$230,000
$226,299 by Jfq Lending Inc
Mortgage Due Nov 01, 2051
Sold Mar 29, 2007
$150,000
$128,525 by Midamerica Bank Fsb
Mortgage Due Apr 01, 2037
Local assessors in Chicago, IL have categorized 3860 West Grenshaw Street as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 3,339 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3860 West Grenshaw Street has a total of 1,673 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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 tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central 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. According to our sources, 3860 West Grenshaw Street sold most recently in Jan 13, 2021 for a total of $230,000. If you work out the math, that's approximately a cost of $137.48 per sqft. Before that, the property was also sold for $150,000 in Oct 18, 2005. 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 $5,159 in taxes each year. 3860 West Grenshaw Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,000. If we break it down further, the land itself was valued at $3,923. Improvements to the property, however, were assessed at a total of $21,077. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,339
  • Total Building Area: 1,673
  • Gross Building Area: 1,673
  • Building Area: 1,673
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,673
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARFIELD BLVD SYNDICATE A
  • Land Acres: 0.077
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HORTON FREDERICK B
  • Current Owner 2: JOHNSON JOENETTA M
  • Previous Owner : RICE WENDELL C
  • Previous Owner 2: RICE GAIL L
  • Owner Before Previous Owner: PARK NATIONAL BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 843000

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-14-324-020-0000
  • Lot: 29
  • Municipality: WEST CHICAGO
  • Latitude: 41.8674
  • Longitude: -87.7226

    Address

  • Full Address: 3860 W Grenshaw St
  • Address - House Number: 3860
  • Street Direction: W
  • Address - Street Name: Grenshaw
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C002
  • 4-Digit Zip Code: 4215
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,159
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 295,523
  • High Value: 368,571
  • Low Value: 222,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,299
  • First Open Lien Mortgage Lender: JFQ LENDING INC
  • First Open Lien Mortgage Recording Date: Mar 22, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $226,299
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $39,230
  • Market Improvement Value: $210,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $3,923
  • Assessed Improvements Value: $21,077

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11820259685
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2105316086
  • Previous Sale Recording Date: Mar 29, 2007
  • Previous Sale Contract Date: Oct 18, 2005
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $225,834
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MIDAMERICA BANK FSB
  • Previous Mortgage Transaction Date: Mar 29, 2007
  • Previous Mortgage Loan Amount: $128,525
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About West Side



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Frequently Asked Questions

What neighborhood is 3860 West Grenshaw Street located in?
The 3860 West Grenshaw Street is a located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 3860 West Grenshaw Street?
The average sales price for units in 3860 West Grenshaw Street is $0 currently.

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