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4050 North Kostner Avenue

4050 North Kostner Avenue, Chicago, IL 60641
Property in Old Irving Park
Sold May 14, 2008
$402,000
$299,945 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2037
4050 North Kostner 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 1914 and is 110 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 are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4050 North Kostner Avenue has 1,452 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 1,260 ft and across the front of the lot is 370 ft. The area measurement of the land has been determined as 4,725 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 is one available parking space. 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. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Apr 14, 2008 for $402,000. That's $276.86 per sqft. 4050 North Kostner Avenue was last assessed in 2023. The total value of the property was assessed at $41,000. Specifically, the land the property is located on was valued at $13,230. While improvements on the property were assessed at a total of $27,770. 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 $7,761. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1914
  • Effective Year Built: 1914
  • 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: 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: 1

    Dimensions

  • Lot Size Square Feet: 4,725
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,452
  • Gross Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,452
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILCOXS RESUB
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 IN WILCOXS RESUB OF LOTS 39 TO 46 N 18 1/2 FT OF LOT 38 IN J R WICKERSHAMS SUB OF BLK 7 IN BAXTE

Ownership

  • Current Owner : HWANG MARK
  • Current Owner 2: STAUFFER JANA
  • Previous Owner : SANCHEZ AMADOR R
  • Previous Owner 2: SANCHEZ RUDY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 160200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 029-111-02
  • District: 71
  • Parcel: 13-15-320-056-0000
  • Block: 7
  • Lot: 3
  • Meridian: SEC 15 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9551
  • Longitude: -87.7384

    Address

  • Full Address: 4050 N Kostner Ave
  • Address - House Number: 4050
  • Street Direction: N
  • Address - Street Name: Kostner
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C016
  • 4-Digit Zip Code: 1925
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,761
  • Tax Rate Code Area: 71130

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 534,149
  • High Value: 656,957
  • Low Value: 411,341

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $349,945
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 02, 2012
  • First Open Lien Mortgage Loan Amount: $299,945
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2037
  • Second Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • Second Open Lien Mortgage Recording Date: Oct 04, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 23, 2047

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $132,300
  • Market Improvement Value: $277,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $13,230
  • Assessed Improvements Value: $27,770

    Sales

  • Current Sale Contract Date: Apr 14, 2008
  • Current Sale Recording Date: May 14, 2008
  • Current Sale Transaction ID: 1176832146
  • Current Sale Price: $402,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0813511159

    Last Sale Mortgage

  • First Mortgage Lender: PROFESSIONAL MORTGAGE PARTNERS
  • First Mortgage Transaction Date: May 14, 2008
  • First Mortgage Loan Amount: $321,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: May 01, 2038

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Frequently Asked Questions

What neighborhood is 4050 North Kostner Avenue located in?
The 4050 North Kostner Avenue is a located in the neighborhood of Old Irving Park in Northwest Side, Chicago.
What is the average sales price for listings in 4050 North Kostner Avenue?
The average sales price for units in 4050 North Kostner Avenue is $0 currently.

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