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3926 Fargo Avenue

3926 Fargo Avenue, Skokie, IL 60076
Property in Skokie
Sold Mar 02, 2021
$254,500
$219,400 by Draper & Kramer Mortgage Corp
Mortgage Due Feb 01, 2051
Sold Jan 09, 2013
$165,000
Local assessors in Skokie, IL have categorized 3926 Fargo Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 5,022 square feet. The linear feet between the front and back of the lot was measured at 400 ft and the front of the lot was measured at 1,240 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3926 Fargo Avenue has a total of 1,040 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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 asphalt. 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, 3926 Fargo Avenue sold most recently in Jan 7, 2021 for a total of $254,500. If you work out the math, that's approximately a cost of $244.71 per sqft. Before that, the property was also sold for $165,000 in Dec 18, 2012. 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 $8,267 in taxes each year. 3926 Fargo Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,629. If we break it down further, the land itself was valued at $6,780. Improvements to the property, however, were assessed at a total of $22,849. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,022
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ANTERRY SUB
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ANTERRY) SUB OF EX PART TAKEN FOR STREET OF SH NW SW SEC 26-41-13

Ownership

  • Current Owner : BERKOWITZ JEFFREY A
  • Previous Owner : THR PROPERTY ILLIOIS LP
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Prairie School District 73
  • Census Tract: 807600

Geography

  • District: 24
  • Parcel: 10-26-319-017-0000
  • Block: 1
  • Lot: 18
  • Meridian: SEC 26 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0165
  • Longitude: -87.7275

    Address

  • Full Address: 3926 Fargo Ave
  • Address - House Number: 3926
  • Address - Street Name: Fargo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Skokie
  • Carrier Code: C022
  • 4-Digit Zip Code: 3918
  • Zip Code: 60076

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,267
  • Tax Rate Code Area: 24028

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 362,384
  • High Value: 445,131
  • Low Value: 279,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,400
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $219,400
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $296,290
  • Market Land Value: $67,800
  • Market Improvement Value: $228,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,629
  • Assessed Land Value: $6,780
  • Assessed Improvements Value: $22,849

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Transaction ID: 11822744435
  • Current Sale Price: $254,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2106117117
  • Previous Sale Recording Date: Jan 09, 2013
  • Previous Sale Contract Date: Dec 18, 2012
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 02, 2021
  • First Mortgage Loan Amount: $219,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 3926 Fargo Avenue located in?
The 3926 Fargo Avenue is a located in the neighborhood of Skokie in Skokie, Skokie.
What is the average sales price for listings in 3926 Fargo Avenue?
The average sales price for units in 3926 Fargo Avenue is $0 currently.

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