Check Availability

4521 West 88th Street

4521 West 88th Street, Hometown, IL 60456
Property in Hometown
Sold Aug 22, 2017
$132,500
$106,000 by The Federal Savings Bank
Mortgage Due Sep 01, 2047
Sold Nov 08, 2016
$129,000
$122,185 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2046
4521 West 88th Street in Hometown, IL was first built in 1952 and is 72 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 modern style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4521 West 88th Street has 744 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. In total, the area measurement of the land is 4,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. 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 frame 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 wood. 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, 4521 West 88th Street sold most recently in Aug 12, 2017 for a total of $132,500. If you work out the math, that's approximately a cost of $178.09 per sqft. Before that, the property was also sold for $129,000 in Oct 25, 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 $4,201 in taxes each year. 4521 West 88th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,000. If we break it down further, the land itself was valued at $2,400. Improvements to the property, however, were assessed at a total of $11,600. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 744
  • Gross Building Area: 744
  • Building Area: 744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERRION &COS HOMETOWN UNIT5
  • Land Acres: 0.092
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: J E (MERRION) &COS (HOMETOWN) (UNIT5) A SUB OF PT N1/ 4 SEC 03-37-13

Ownership

  • Current Owner : CHAPUT PHILLIP P
  • Current Owner 2: CHAPUT GERALDINE G
  • Previous Owner : STEVENS LINDA
  • Owner Before Previous Owner: EICHORN LINDA L
  • Owner Before Previous Owner 2: YOUNG TOM
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oak Lawn-Hometown School District 123
  • Census Tract: 822000

Geography

  • District: 39
  • Parcel: 24-03-127-073-0000
  • Lot: 1149
  • Meridian: SEC 03 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7306
  • Longitude: -87.735

    Address

  • Full Address: 4521 W 88th St
  • Legal Unit: 5
  • Address - House Number: 4521
  • Street Direction: W
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Hometown
  • Carrier Code: C083
  • 4-Digit Zip Code: 1035
  • Zip Code: 60456

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,201
  • Tax Rate Code Area: 39048

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 183,487
  • High Value: 225,385
  • Low Value: 141,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,000
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 22, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $106,000
  • 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, 2047

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $24,000
  • Market Improvement Value: $116,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $11,600

    Sales

  • Current Sale Contract Date: Aug 12, 2017
  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Transaction ID: 1732497925
  • Current Sale Price: $132,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1723404040
  • Previous Sale Recording Date: Nov 08, 2016
  • Previous Sale Contract Date: Oct 25, 2016
  • Previous Sale Amount: $129,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Aug 22, 2017
  • First Mortgage Loan Amount: $106,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Nov 08, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $122,185
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Hometown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 9628 S 50th Court, Oak Lawn, IL, 60453

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
9628 S 50th Court #2, Oak Lawn, IL, 60453 Listing by Matthew Murphy

Frequently Asked Questions

What neighborhood is 4521 West 88th Street located in?
The 4521 West 88th Street is a located in the neighborhood of Hometown in Hometown, Hometown.
What is the average sales price for listings in 4521 West 88th Street?
The average sales price for units in 4521 West 88th Street is $0 currently.

Quantcast