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4040 Johnson Avenue

4040 Johnson Avenue, Western Springs, IL 60558
Property in Lyons
Sold Apr 21, 2021
$640,000
$512,000 by Guaranteed Rate Inc
Mortgage Due May 01, 2051
Sold Apr 07, 1997
$276,000
$214,600 by Countrywide Home Loans Inc
Mortgage Due Apr 01, 2027
Local assessors in Western Springs, IL have categorized 4040 Johnson Avenue as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 6,550 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 500 ft. 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 8 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 3 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 4040 Johnson Avenue has a total of 1,924 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 frame 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 wood 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 9, 2021 for $640,000. That's $332.64 per sqft. Prior to that sales transaction, the property was also sold in Mar 13, 1997 for $276,000. 4040 Johnson Avenue was last assessed in 2023. The total value of the property was assessed at $73,000. Specifically, the land the property is located on was valued at $7,205. While improvements on the property were assessed at a total of $65,795. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,905. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,550
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,924
  • Gross Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIELD PARK
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FIELD)(PARK) SUB OF W 5/8 OF THAT PT OF WH SEC5-38-1 2 LYING N OF C.B. & Q.RR & PT OF E1638.7FT OF W1886.2FT OF SW SEC32 LYI

Ownership

  • Current Owner : CANNON MATTHEW S
  • Current Owner 2: CASSIDY CANNON CASSIDY
  • Previous Owner : MURPHY JAMES A
  • Previous Owner 2: MURPHY BROOKE A
  • Owner Before Previous Owner: WESTERN SPRINGS NATIONAL BANK & TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819801

Geography

  • District: 21
  • Parcel: 18-05-108-014-0000
  • Block: 13
  • Lot: 4,5
  • Meridian: SEC 05 TWN 38N RNG 01E
  • Municipality: LYONS
  • Latitude: 41.8162
  • Longitude: -87.898

    Address

  • Full Address: 4040 Johnson Ave
  • Address - House Number: 4040
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Western Springs
  • Carrier Code: C001
  • 4-Digit Zip Code: 1107
  • Zip Code: 60558

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,905
  • Tax Rate Code Area: 21034

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 699,132
  • High Value: 857,992
  • Low Value: 540,272

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $512,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Apr 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $512,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $730,000
  • Market Land Value: $72,050
  • Market Improvement Value: $657,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,000
  • Assessed Land Value: $7,205
  • Assessed Improvements Value: $65,795

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 21, 2021
  • Current Sale Transaction ID: 11832072508
  • Current Sale Price: $640,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2111139360
  • Previous Sale Recording Date: Apr 07, 1997
  • Previous Sale Contract Date: Mar 13, 1997
  • Previous Sale Amount: $276,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Apr 21, 2021
  • First Mortgage Loan Amount: $512,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 07, 1997
  • Previous Mortgage Loan Amount: $214,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2027

About Western Springs



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Frequently Asked Questions

What neighborhood is 4040 Johnson Avenue located in?
The 4040 Johnson Avenue is a located in the neighborhood of Lyons in Western Springs, Western Springs.
What is the average sales price for listings in 4040 Johnson Avenue?
The average sales price for units in 4040 Johnson Avenue is $0 currently.

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