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4630 Vernon Avenue

4630 Vernon Avenue, Brookfield, IL 60513
Multifamily in Lyons
Sold Feb 21, 2020
$530,000
$517,805 by Draper & Kramer Mortgage Corp
Mortgage Due Apr 01, 2051
Sold Jun 30, 2004
$375,000
$300,000 by Fieldstone Mortgage Co
Mortgage Due Jul 01, 2034
Local assessors in Brookfield, IL have categorized 4630 Vernon Avenue as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 10,580 square feet. The linear feet between the front and back of the lot was measured at 1,580 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 9 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4630 Vernon Avenue has a total of 4,280 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 4 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4630 Vernon Avenue was last sold in Feb 3, 2020 for $530,000. According to our calculations, that's $123.83 per sqft. Prior to that sales transaction, the property was sold for $375,000 in Jun 8, 2004. Current property owners are expected to pay $13,536 in taxes per year. The property on 4630 Vernon Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $57,001. To break that down further, the land itself was valued at $7,671. While improvements to the property were assessed at a total of $49,330. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 9
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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
  • Business/Commerical Units Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 10,580
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,280
  • Gross Building Area: 4,280
  • Building Area: 4,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUSPITZ & OAKES BROOKFIELD
  • Land Acres: 0.243
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (AUSPITZ) & (OAKES)(BROOKFIELD) PARK SUB SE SEC 03-38-12

Ownership

  • Current Owner : VEGA LEKISHA L
  • Current Owner 2: VEGA FELIX L
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Before Previous Owner: JAYNE CARRIE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819400

Geography

  • District: 21
  • Parcel: 18-03-426-024-0000
  • Lot: 118,1
  • Meridian: SEC 03 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8061
  • Longitude: -87.8453

    Address

  • Full Address: 4630 Vernon Ave
  • Address - House Number: 4630
  • Address - Street Name: Vernon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2770
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,536
  • Tax Rate Code Area: 21164

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 549,211
  • High Value: 632,106
  • Low Value: 466,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $517,805
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $517,805
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $570,010
  • Market Land Value: $76,710
  • Market Improvement Value: $493,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,001
  • Assessed Land Value: $7,671
  • Assessed Improvements Value: $49,330

    Sales

  • Current Sale Contract Date: Feb 03, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Transaction ID: 11737007810
  • Current Sale Price: $530,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2005245023
  • Previous Sale Recording Date: Jun 30, 2004
  • Previous Sale Contract Date: Jun 08, 2004
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 21, 2020
  • First Mortgage Loan Amount: $520,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIELDSTONE MORTGAGE CO
  • Previous Mortgage Transaction Date: Jun 30, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2034

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Frequently Asked Questions

What neighborhood is 4630 Vernon Avenue located in?
The 4630 Vernon Avenue is a multifamily located in the neighborhood of Lyons in Brookfield, Brookfield.
What is the average sales price for listings in 4630 Vernon Avenue?
The average sales price for units in 4630 Vernon Avenue is $0 currently.

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