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4340 West Belmont Avenue

4340 West Belmont Avenue, Chicago, IL 60641
Property in Kilbourn Park
Sold Feb 09, 2021
$380,000
$342,000 by Pnc Bank Na
Mortgage Due Feb 01, 2051
Sold Dec 27, 2000
$235,000
$233,436 by Chase Manhattan Mtg Corp
Mortgage Due Jan 01, 2031
4340 West Belmont 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 1911 and is 113 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4340 West Belmont Avenue has 2,036 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 250 ft. The area measurement of the land has been determined as 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. The property was last sold in Dec 18, 2020 for $380,000. That's $186.64 per sqft. Prior to that sales transaction, the property was also sold in Dec 11, 2000 for $235,000. 4340 West Belmont Avenue was last assessed in 2023. The total value of the property was assessed at $37,001. Specifically, the land the property is located on was valued at $10,938. While improvements on the property were assessed at a total of $26,063. 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 $6,930. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOND & COMPANYS
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: WM A (BOND) & (COMPANYS) SUB OF EX RR RW WH SW SE SEC 22-40-13

Ownership

  • Current Owner : MENDEZ ANA R CAZARES
  • Current Owner 2: DEJESUS CASAREZ MENDEZ
  • Previous Owner : CHAVEZ JOSE
  • Previous Owner 2: CHAVEZ LEANDRA
  • Owner Before Previous Owner: GUZMAN SANTOS
  • Owner Before Previous Owner 2: GUZMAN REYNA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 161200

Zoning

  • Zoning: C1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-22-434-017-0000
  • Block: 4
  • Lot: 18
  • Meridian: SEC 22 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9394
  • Longitude: -87.7362

    Address

  • Full Address: 4340 W Belmont Ave
  • Address - House Number: 4340
  • Street Direction: W
  • Address - Street Name: Belmont
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C014
  • 4-Digit Zip Code: 4524
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,930
  • Tax Rate Code Area: 71163

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 386,297
  • High Value: 444,602
  • Low Value: 327,991

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $342,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $370,010
  • Market Land Value: $109,380
  • Market Improvement Value: $260,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,001
  • Assessed Land Value: $10,938
  • Assessed Improvements Value: $26,063

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Transaction ID: 11816587666
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2104020185
  • Previous Sale Recording Date: Dec 27, 2000
  • Previous Sale Contract Date: Dec 11, 2000
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Feb 09, 2021
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Dec 27, 2000
  • Previous Mortgage Loan Amount: $233,436
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2031

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Frequently Asked Questions

What neighborhood is 4340 West Belmont Avenue located in?
The 4340 West Belmont Avenue is a located in the neighborhood of Kilbourn Park in Northwest Side, Chicago.
What is the average sales price for listings in 4340 West Belmont Avenue?
The average sales price for units in 4340 West Belmont Avenue is $0 currently.

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