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3943 West 61st Place

3943 West 61st Place, Chicago, IL 60629
Property in West Lawn
Sold Nov 24, 2008
$137,000
$109,600 by Park Fsb
Mortgage Due Dec 01, 2038
Sold Apr 16, 2008
Transfer
Local assessors in Chicago, IL have categorized 3943 West 61st Place as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 4,360 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 300 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 4 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 is also a partial bathroom. 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 3943 West 61st Place has a total of 1,116 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 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, 3943 West 61st Place sold most recently in Nov 14, 2008 for a total of $137,000. If you work out the math, that's approximately a cost of $122.76 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 $2,602 in taxes each year. 3943 West 61st Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,000. If we break it down further, the land itself was valued at $4,360. Improvements to the property, however, were assessed at a total of $11,640. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 4
  • 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: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,360
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,116
  • Gross Building Area: 1,116
  • Building Area: 1,116
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,116
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EBERHARTS SUB
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KELLOGS) RESUB OF LTS 1-47 IN BLK 3 & LTS 1,2,4-21 & LTS 23-38 IN BLK 4 & LTS 1-18 IN BLK 6 OF JNO F EBERHARTS SUB OF SW SW

Ownership

  • Current Owner : FLORES JESUS
  • Current Owner 2: FLORES ANGELICA
  • Previous Owner : DEUTSCHE BANK TRUST COMPANY AMERICAS
  • Owner Before Previous Owner: GARCIA GUADALUPE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 650100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-14-320-011-0000
  • Block: 3,4,6
  • Lot: 1-47
  • Meridian: SEC 14 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7811
  • Longitude: -87.7221

    Address

  • Full Address: 3943 W 61st Pl
  • Address - House Number: 3943
  • Street Direction: W
  • Address - Street Name: 61st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C069
  • 4-Digit Zip Code: 4616
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,602
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 265,978
  • High Value: 333,251
  • Low Value: 198,706

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $185,000
  • First Open Lien Mortgage Lender: PARK FSB
  • First Open Lien Mortgage Recording Date: Nov 24, 2008
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $109,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2038
  • Second Open Lien Mortgage Lender: MARQUETTE BANK
  • Second Open Lien Mortgage Recording Date: Jan 03, 2017
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $75,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $43,600
  • Market Improvement Value: $116,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $4,360
  • Assessed Improvements Value: $11,640

    Sales

  • Current Sale Contract Date: Nov 14, 2008
  • Current Sale Recording Date: Nov 24, 2008
  • Current Sale Transaction ID: 1133541556
  • Current Sale Price: $137,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 0832926118
  • Previous Sale Recording Date: Apr 16, 2008
  • Previous Sale Contract Date: Mar 24, 2008
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: PARK FSB
  • First Mortgage Transaction Date: Nov 24, 2008
  • First Mortgage Loan Amount: $109,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Dec 01, 2038

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 3943 West 61st Place located in?
The 3943 West 61st Place is a located in the neighborhood of West Lawn in Southwest Side, Chicago.
What is the average sales price for listings in 3943 West 61st Place?
The average sales price for units in 3943 West 61st Place is $0 currently.

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