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4322 South Albany Avenue

4322 South Albany Avenue, Chicago, IL 60632
Property in Brighton Park
Sold Aug 23, 2021
$215,000
Li
Seller
$208,550 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2051
Sold Mar 19, 2021
$295,000
$200,000 by International Bank Of Chicago
Mortgage Due Feb 01, 2051
4322 South Albany 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 1998 and is 26 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4322 South Albany Avenue has 1,164 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,155 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 central air conditioning at the moment. 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. According to our sources, 4322 South Albany Avenue sold most recently in Aug 6, 2021 for a total of $215,000. If you work out the math, that's approximately a cost of $184.71 per sqft. Before that, the property was also sold for $295,000 in Jan 22, 2021. 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 $5,585 in taxes each year. 4322 South Albany Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,000. If we break it down further, the land itself was valued at $6,155. Improvements to the property, however, were assessed at a total of $20,845. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,155
  • Total Building Area: 1,164
  • Gross Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,164
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEVERNS SUB
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SEVERNS) SUB OF BLK 16 OF STEWARTS SUB OF SW SEC 01-38-13

Ownership

  • Current Owner : RIOS STEPHANIE
  • Previous Owner : LI
  • Owner Before Previous Owner: LI WENBO
  • Owner Before Previous Owner 2: SU RONG

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580502

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-01-302-035-0000
  • Block: 16
  • Lot: 60,59
  • Meridian: SEC 01 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8147
  • Longitude: -87.702

    Address

  • Full Address: 4322 S Albany Ave
  • Address - House Number: 4322
  • Street Direction: S
  • Address - Street Name: Albany
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C017
  • 4-Digit Zip Code: 2528
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,585
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 350,039
  • High Value: 438,216
  • Low Value: 261,862

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,550
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $208,550
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $61,550
  • Market Improvement Value: $208,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $6,155
  • Assessed Improvements Value: $20,845

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Transaction ID: 11850687094
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2123525081
  • Previous Sale Recording Date: Mar 19, 2021
  • Previous Sale Contract Date: Jan 22, 2021
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 23, 2021
  • First Mortgage Loan Amount: $208,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: INTERNATIONAL BANK OF CHICAGO
  • Previous Mortgage Transaction Date: Mar 19, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2051

About Southwest Side



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Frequently Asked Questions

What neighborhood is 4322 South Albany Avenue located in?
The 4322 South Albany Avenue is a located in the neighborhood of Brighton Park in Southwest Side, Chicago.
What is the average sales price for listings in 4322 South Albany Avenue?
The average sales price for units in 4322 South Albany Avenue is $0 currently.

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