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4018 West Waveland Avenue

4018 West Waveland Avenue, Chicago, IL 60641
Property in Old Irving Park
Sold Feb 22, 2022
$903,000
$703,000 by Crosscountry Mortgage Llc
Mortgage Due Mar 01, 2052
Sold Nov 23, 2020
$820,000
$510,000 by Stifel Bank & Trust
Mortgage Due Jul 01, 2050
4018 West Waveland 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 1925 and is 99 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4018 West Waveland Avenue has 2,036 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 4,650 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4018 West Waveland Avenue was last sold in Feb 7, 2022 for $903,000. According to our calculations, that's $443.52 per sqft. Prior to that sales transaction, the property was sold for $820,000 in Jun 4, 2020. Current property owners are expected to pay $12,185 in taxes per year. The property on 4018 West Waveland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $59,000. To break that down further, the land itself was valued at $14,880. While improvements to the property were assessed at a total of $44,120. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,650
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MASONS SUBDIVISION
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHULTZ MATTHEW
  • Current Owner 2: SCHULTZ MONICA
  • Previous Owner : PASSMAN MICHAEL R
  • Previous Owner 2: PASSMAN PAIGE
  • Owner Before Previous Owner: REFRESH AND RESTORE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 161000

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-22-219-034-0000
  • Meridian: SEC 22 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9485
  • Longitude: -87.7283

    Address

  • Full Address: 4018 W Waveland Ave
  • Address - House Number: 4018
  • Street Direction: W
  • Address - Street Name: Waveland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 3144
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,185
  • Tax Rate Code Area: 71130

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 774,707
  • High Value: 952,823
  • Low Value: 596,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $703,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $703,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $590,000
  • Market Land Value: $148,800
  • Market Improvement Value: $441,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,000
  • Assessed Land Value: $14,880
  • Assessed Improvements Value: $44,120

    Sales

  • Current Sale Contract Date: Feb 07, 2022
  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Transaction ID: 11887689777
  • Current Sale Price: $903,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2205341295
  • Previous Sale Recording Date: Nov 23, 2020
  • Previous Sale Contract Date: Jun 04, 2020
  • Previous Sale Amount: $820,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 22, 2022
  • First Mortgage Loan Amount: $703,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2052

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STIFEL BANK & TRUST
  • Previous Mortgage Transaction Date: Nov 23, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $510,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Northwest Side



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Frequently Asked Questions

What neighborhood is 4018 West Waveland Avenue located in?
The 4018 West Waveland Avenue is a located in the neighborhood of Old Irving Park in Northwest Side, Chicago.
What is the average sales price for listings in 4018 West Waveland Avenue?
The average sales price for units in 4018 West Waveland Avenue is $0 currently.

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