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423 Fremont Street

423 Fremont Street, West Chicago, IL 60185
House in Winfield
Sold Sep 19, 2017
Transfer
$194,413 by Finance Of America Mortgage Ll
Mortgage Due Oct 01, 2047
Sold Jan 05, 2012
$100,000
423 Fremont Street has been categorized by the local assessors in West Chicago, IL as a residential type of property. The building on the property was first built in 1962 and is 62 years old. Residents will have access to one full bathroom. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 423 Fremont Street has 1,008 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 1,350 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. 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 brick control joints. The building has a hip style roof. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $100,000 in Dec 29, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,746 in taxes each year. 423 Fremont Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $66,710. If we break it down further, the land itself was valued at $16,690. Improvements to the property, however, were assessed at a total of $50,020. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Full Bathrooms: 1
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,008
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLOCH REAL EST
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCH REAL EST 1ST ADD W CHGO

Ownership

  • Current Owner : THOMAS MATTHEW
  • Current Owner 2: PEREZ CORINNE
  • Previous Owner : DAVIS JUDITH A
  • Owner Before Previous Owner: RECTOR APARTMENTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841501

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3022-C3
  • Parcel: 04-04-405-007
  • Block: 4
  • Lot: 16
  • Municipality: WINFIELD
  • Latitude: 41.89
  • Longitude: -88.2053

    Address

  • Full Address: 423 Fremont St
  • Address - House Number: 423
  • Address - Street Name: Fremont
  • Address - Suffix Type: St
  • State: IL
  • City Name: West Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 1930
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,746
  • Tax Rate Code Area: 4011

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 257,999
  • High Value: 298,553
  • Low Value: 217,445

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $224,413
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Sep 19, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $194,413
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047
  • Second Open Lien Mortgage Lender: HEALTHCARE ASSOCIATES CU
  • Second Open Lien Mortgage Recording Date: Jun 07, 2023
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 15, 2028

    Market Valuation

  • Market Total Value: $200,130
  • Market Land Value: $50,070
  • Market Improvement Value: $150,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,710
  • Assessed Land Value: $16,690
  • Assessed Improvements Value: $50,020

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 2017
  • Current Sale Recording Date: Sep 19, 2017
  • Current Sale Transaction ID: 1736013288
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2017-096871
  • Previous Sale Recording Date: Jan 05, 2012
  • Previous Sale Contract Date: Dec 29, 2011
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Sep 19, 2017
  • First Mortgage Loan Amount: $194,413
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 423 Fremont Street located in?
The 423 Fremont Street is a house located in the neighborhood of Winfield in West Chicago, West Chicago.
What is the average sales price for listings in 423 Fremont Street?
The average sales price for units in 423 Fremont Street is $194,900 , or $193/sqft. currently.

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