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4048 West George Street

4048 West George Street, Chicago, IL 60641
Property in Belmont Gardens
Sold Oct 27, 1993
$60,000
$198,412 by Carrington Mortgage Services L
Mortgage Due Jul 01, 2051
4048 West George Street 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 1927 and is 97 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4048 West George Street has 1,150 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

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 no garage for those who require parking. 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 masonry 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 masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Oct 19, 1993 for $60,000. That's $52.17 per sqft. 4048 West George Street was last assessed in 2023. The total value of the property was assessed at $31,000. Specifically, the land the property is located on was valued at $9,375. While improvements on the property were assessed at a total of $21,625. 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 $5,555. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 5
  • 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: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,150
  • Gross Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,150
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BELMONT GARDENS
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BELMONT)(GARDENS) A SUB OF PT OF THE NE SEC 27-40-13

Ownership

  • Current Owner : MOLINA DELILAH
  • Previous Owner : LIGENZA VICTOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 210400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-27-223-018-0000
  • Block: 4
  • Lot: 22
  • Meridian: SEC 27 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9338
  • Longitude: -87.7289

    Address

  • Full Address: 4048 W George St
  • Address - House Number: 4048
  • Street Direction: W
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 5401
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,555
  • Tax Rate Code Area: 71164

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 419,713
  • High Value: 515,852
  • Low Value: 323,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,412
  • First Open Lien Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Loan Amount: $198,412
  • First Open Lien Mortgage Term: 347
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $93,750
  • Market Improvement Value: $216,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $9,375
  • Assessed Improvements Value: $21,625

    Sales

  • Current Sale Contract Date: Oct 19, 1993
  • Current Sale Recording Date: Oct 27, 1993
  • Current Sale Transaction ID: 1078280633
  • Current Sale Price: $60,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 93864658

    Last Sale Mortgage

  • First Mortgage Lender: HARRIS TRUST & SVGS BANK
  • First Mortgage Transaction Date: Oct 27, 1993
  • First Mortgage Loan Amount: $85,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2023

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 4048 West George Street located in?
The 4048 West George Street is a located in the neighborhood of Belmont Gardens in Northwest Side, Chicago.
What is the average sales price for listings in 4048 West George Street?
The average sales price for units in 4048 West George Street is $0 currently.

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