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4401 West 53rd Street

4401 West 53rd Street, Chicago, IL 60632
Property in Archer Heights
Sold Nov 04, 2021
$350,000
$200,000 by Alvaro Calva Etal
Mortgage Due Aug 12, 2024
Sold Nov 17, 2016
$341,500
4401 West 53rd Street in Chicago, IL was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 15 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4401 West 53rd Street has 3,767 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 2,535 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 4401 West 53rd Street sold most recently in Jul 26, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $92.91 per sqft. Before that, the property was also sold for $341,500 in Nov 8, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,654 in taxes each year. 4401 West 53rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,000. If we break it down further, the land itself was valued at $2,535. Improvements to the property, however, were assessed at a total of $34,465. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,535
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,767
  • Gross Building Area: 3,767
  • Building Area: 3,767
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,767
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FREDERICK H BARTLETTS 63RD ST
  • Land Acres: 0.058
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : PAUCAR MARIA ROCIO CALVA
  • Previous Owner : CALVA ALVARO
  • Previous Owner 2: VELASQUEZ MARIA FERNANDA
  • Owner Before Previous Owner: BAYVIEW LOAN SERVICING LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 620200

Zoning

  • Zoning: RT-4

Geography

  • District: 72
  • Parcel: 19-10-325-033-0000
  • Block: 4
  • Lot: 23
  • Municipality: LAKE
  • Latitude: 41.7966
  • Longitude: -87.7332

    Address

  • Full Address: 4401 W 53rd St
  • Address - House Number: 4401
  • Street Direction: W
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C052
  • 4-Digit Zip Code: 4985
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,654
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 442,150
  • High Value: 555,127
  • Low Value: 329,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: ALVARO CALVA ETAL
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Aug 12, 2024
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $25,350
  • Market Improvement Value: $344,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $2,535
  • Assessed Improvements Value: $34,465

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11864709965
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2130839175
  • Previous Sale Recording Date: Nov 17, 2016
  • Previous Sale Contract Date: Nov 08, 2016
  • Previous Sale Amount: $341,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALVARO CALVA ETAL
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Aug 12, 2024

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Frequently Asked Questions

What neighborhood is 4401 West 53rd Street located in?
The 4401 West 53rd Street is a located in the neighborhood of Archer Heights in Southwest Side, Chicago.
What is the average sales price for listings in 4401 West 53rd Street?
The average sales price for units in 4401 West 53rd Street is $0 currently.

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