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4701 Central Avenue

4701 Central Avenue, Western Springs, IL 60558
Property in Lyons
Sold Nov 07, 2012
$242,500
$250,000 by Wintrust Mortgage
Mortgage Due Dec 01, 2042
Sold Apr 30, 1998
$242,500
$194,000 by Midamerica Fsb
Mortgage Due May 01, 2028
4701 Central Avenue has been categorized by the local assessors in Western Springs, IL as a residential type of property. The building on the property was first built in 1924 and is 100 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4701 Central Avenue has 2,045 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 9,350 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4701 Central Avenue sold most recently in Apr 24, 1998 for a total of $242,500. If you work out the math, that's approximately a cost of $118.58 per sqft. Before that, the property was also sold for $242,500 in Apr 24, 1998. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $10,858 in taxes each year. 4701 Central Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,000. If we break it down further, the land itself was valued at $8,415. Improvements to the property, however, were assessed at a total of $61,585. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,350
  • Total Building Area: 2,045
  • Gross Building Area: 2,045
  • Building Area: 2,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS OF WESTERN
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FOREST)(HILLS) OF (WESTERN) SPRINGS SUB OF EH & PT O F BLK 12-15 IN HIGHLANDS SUB LYING E OF LINE 33 FT W OF E LINE OF NW 1/

Ownership

  • Current Owner : KLUSENDORF MICHAEL J
  • Current Owner 2: KLUSENDORF WENDY M
  • Previous Owner : COONEY KEVIN V
  • Previous Owner 2: COONEY KATHLEEN J
  • Owner Before Previous Owner: COONEY KEVIN V
  • Owner Before Previous Owner 2: COONEY KATHLEEN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819900

Geography

  • District: 21
  • Parcel: 18-07-202-001-0000
  • Block: 12-15
  • Lot: 1
  • Meridian: SEC 07 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8041
  • Longitude: -87.9044

    Address

  • Full Address: 4701 Central Ave
  • Address - House Number: 4701
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Western Springs
  • Carrier Code: C017
  • 4-Digit Zip Code: 1702
  • Zip Code: 60558

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,858
  • Tax Rate Code Area: 21034

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 612,941
  • High Value: 752,216
  • Low Value: 473,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 07, 2012
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Dec 01, 2042

    Market Valuation

  • Market Total Value: $700,000
  • Market Land Value: $84,150
  • Market Improvement Value: $615,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,000
  • Assessed Land Value: $8,415
  • Assessed Improvements Value: $61,585

    Sales

  • Current Sale Contract Date: Apr 24, 1998
  • Current Sale Recording Date: Nov 07, 2012
  • Current Sale Transaction ID: 1042140912
  • Current Sale Price: $242,500
  • Current Sale Document Type: Correction Deed
  • Current Sale Input Document Number: 1231245011
  • Previous Sale Recording Date: Apr 30, 1998
  • Previous Sale Contract Date: Apr 24, 1998
  • Previous Sale Amount: $242,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Nov 07, 2012
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2042

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: MIDAMERICA FSB
  • Previous Mortgage Transaction Date: Apr 30, 1998
  • Previous Mortgage Loan Amount: $194,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2028

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Frequently Asked Questions

What neighborhood is 4701 Central Avenue located in?
The 4701 Central Avenue is a located in the neighborhood of Lyons in Western Springs, Western Springs.
What is the average sales price for listings in 4701 Central Avenue?
The average sales price for units in 4701 Central Avenue is $0 currently.

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