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4720 West 12th Place

4720 West 12th Place, Cicero, IL 60804
Property in Cicero
Sold Aug 08, 2022
$487,500
$478,669 by American Pacific Mortgage Corp
Mortgage Due Aug 01, 2052
Sold Mar 11, 2022
$155,000
Local assessors in Cicero, IL have categorized 4720 West 12th Place as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 3,750 square feet. 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 11 rooms in the home. Of these, 5 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 2 full bathrooms. There are also 2 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 4720 West 12th Place has a total of 2,162 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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 air conditioning for their cooling system. The home's a hot water 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, 4720 West 12th Place was last sold in Jul 19, 2022 for $487,500. According to our calculations, that's $225.49 per sqft. Prior to that sales transaction, the property was sold for $155,000 in Feb 8, 2022. Current property owners are expected to pay $6,969 in taxes per year. The property on 4720 West 12th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,000. To break that down further, the land itself was valued at $3,469. While improvements to the property were assessed at a total of $24,531. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 2,162
  • Gross Building Area: 2,162
  • Building Area: 2,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,162
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOEFFLERS SUB
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (LOEFFLERS) SUB NW NW NW SEC 22-39-13

Ownership

  • Current Owner : MAXIMINO CESAR SOLORZANO
  • Previous Owner : CARRERA CHRISTIAN
  • Owner Before Previous Owner: DOMINICAN INVESTMENTS LLC

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813302

Geography

  • District: 15
  • Parcel: 16-22-100-031-0000
  • Block: 1
  • Lot: 33
  • Meridian: SEC 22 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8652
  • Longitude: -87.7436

    Address

  • Full Address: 4720 W 12th Pl
  • Address - House Number: 4720
  • Street Direction: W
  • Address - Street Name: 12th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Cicero
  • Carrier Code: C001
  • 4-Digit Zip Code: 1503
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,969
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 265,742
  • High Value: 333,644
  • Low Value: 197,839

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $478,669
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 08, 2022
  • First Open Lien Mortgage Loan Amount: $478,669
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $34,690
  • Market Improvement Value: $245,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $3,469
  • Assessed Improvements Value: $24,531

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Transaction ID: 11905355986
  • Current Sale Price: $487,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13086
  • Previous Sale Recording Date: Mar 11, 2022
  • Previous Sale Contract Date: Feb 08, 2022
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 08, 2022
  • First Mortgage Loan Amount: $478,669
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Aug 01, 2052

About Cicero



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Frequently Asked Questions

What neighborhood is 4720 West 12th Place located in?
The 4720 West 12th Place is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 4720 West 12th Place?
The average sales price for units in 4720 West 12th Place is $0 currently.

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