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4762 North Lamon Avenue

4762 North Lamon Avenue, Chicago, IL 60630
Property in Jefferson Park
Sold Jul 11, 2022
$420,000
$357,000 by Huntington National Bank
Mortgage Due Jul 01, 2052
Sold Nov 02, 2016
$326,000
$260,700 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2046
Local assessors in Chicago, IL have categorized 4762 North Lamon Avenue as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 108,238 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style.

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. 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, 4762 North Lamon Avenue sold most recently in Jun 30, 2022 for a total of $420,000. Before that, the property was also sold for $326,000 in Oct 19, 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 $6,374 in taxes each year. 4762 North Lamon Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,410. If we break it down further, the land itself was valued at $5,316. Improvements to the property, however, were assessed at a total of $29,094. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 108,238
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONCORD/JEFFERSON PARK
  • Land Acres: 2.485
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : CHO FRANK
  • Current Owner 2: CHO LINDA
  • Previous Owner : PINILLA CHRISTINA L
  • Previous Owner 2: PINILLA JERRY
  • Owner Before Previous Owner: LEE SEONG CHUL
  • Owner Before Previous Owner 2: LEE YOUNG EUN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 150200

Zoning

  • Zoning: PD 854

Geography

  • District: 71
  • Parcel: 13-16-205-088-1051
  • Lot: 43
  • Municipality: JEFFERSON
  • Latitude: 41.9666
  • Longitude: -87.7506

    Address

  • Full Address: 4762 N Lamon Ave
  • Address - House Number: 4762
  • Street Direction: N
  • Address - Street Name: Lamon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 3840
  • Zip Code: 60630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,374
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 426,284
  • High Value: 506,804
  • Low Value: 345,765

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,000
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 11, 2022
  • First Open Lien Mortgage Loan Amount: $357,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $344,100
  • Market Land Value: $53,160
  • Market Improvement Value: $290,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,410
  • Assessed Land Value: $5,316
  • Assessed Improvements Value: $29,094

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Transaction ID: 11891823423
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19005
  • Previous Sale Recording Date: Nov 02, 2016
  • Previous Sale Contract Date: Oct 19, 2016
  • Previous Sale Amount: $326,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Jul 11, 2022
  • First Mortgage Loan Amount: $357,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Nov 02, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $260,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 4762 North Lamon Avenue located in?
The 4762 North Lamon Avenue is a located in the neighborhood of Jefferson Park in Northwest Side, Chicago.
What is the average sales price for listings in 4762 North Lamon Avenue?
The average sales price for units in 4762 North Lamon Avenue is $0 currently.

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