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425 North Prater Avenue

425 North Prater Avenue, Melrose Park, IL 60164
Property in Leyden
Sold Sep 21, 2009
$192,000
$187,540 by First Centennial Mortgage Corp
Mortgage Due Sep 01, 2039
425 North Prater Avenue has been categorized by the local assessors in Melrose Park, IL as a residential type of property. The building on the property was first built in 1943 and is 81 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, 425 North Prater Avenue has 758 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 600 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 attached 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 Aug 27, 2009 for $192,000. That's $253.30 per sqft. 425 North Prater Avenue was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $3,375. While improvements on the property were assessed at a total of $17,625. 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 $6,051. 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: 1943
  • Effective Year Built: 1943
  • 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
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 758
  • Gross Building Area: 758
  • Building Area: 758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 758
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CLUB ADD/MIDLAND DEVEL
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GUTIERREZ JOSE E
  • Current Owner 2: AMBRIZ MARIA L
  • Previous Owner : PALMERO JANET
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Mannheim School District 83
  • Census Tract: 811800

Geography

  • District: 20
  • Parcel: 12-32-108-009-0000
  • Block: 6
  • Lot: 9
  • Meridian: SEC 32 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9161
  • Longitude: -87.9009

    Address

  • Full Address: 425 N Prater Ave
  • Address - House Number: 425
  • Street Direction: N
  • Address - Street Name: Prater
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Northlake
  • Carrier Code: C048
  • 4-Digit Zip Code: 1757
  • Zip Code: 60164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,051
  • Tax Rate Code Area: 20067

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 288,559
  • High Value: 356,488
  • Low Value: 220,630

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,540
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 21, 2009
  • First Open Lien Mortgage Loan Amount: $187,540
  • 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: Sep 01, 2039

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $33,750
  • Market Improvement Value: $176,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $17,625

    Sales

  • Current Sale Contract Date: Aug 27, 2009
  • Current Sale Recording Date: Sep 21, 2009
  • Current Sale Transaction ID: 1093107041
  • Current Sale Price: $192,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: 0926455021

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 21, 2009
  • First Mortgage Loan Amount: $187,540
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2039

About Northlake



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Frequently Asked Questions

What neighborhood is 425 North Prater Avenue located in?
The 425 North Prater Avenue is a located in the neighborhood of Leyden in Northlake, Melrose Park.
What is the average sales price for listings in 425 North Prater Avenue?
The average sales price for units in 425 North Prater Avenue is $0 currently.

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