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480 West 25th Place

480 West 25th Place, Chicago, IL 60616
Property in Bridgeport
Sold Jan 04, 2021
$325,000
$260,000 by Citibank Na
Mortgage Due Jan 01, 2051
Sold Feb 19, 2004
$200,000
$30,000 by Pacific Global Bank
Mortgage Due Mar 01, 2009
480 West 25th Place in Chicago, IL was first built in 2009 and is 15 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. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 480 West 25th Place has 1,018 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 1,603 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 attached garage. There are a total of 2 available parking spaces. 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 masonry 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 masonry. 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, 480 West 25th Place sold most recently in Nov 28, 2020 for a total of $325,000. If you work out the math, that's approximately a cost of $319.25 per sqft. Before that, the property was also sold for $200,000 in Feb 10, 2004. 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 $6,787 in taxes each year. 480 West 25th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,000. If we break it down further, the land itself was valued at $7,053. Improvements to the property, however, were assessed at a total of $25,947. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,603
  • Total Building Area: 1,018
  • Gross Building Area: 1,018
  • Building Area: 1,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,018
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NAPONIELLO
  • Land Acres: 0.037
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : MUI KIT CHING
  • Current Owner 2: MUI ALBERT HO
  • Previous Owner : ATIENZA LEONARDO
  • Previous Owner 2: ATIENZA GINA
  • Owner Before Previous Owner: LAKESIDE BANK
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840100

Zoning

  • Zoning: RT-4

Geography

  • District: 76
  • Parcel: 17-28-128-056-0000
  • Lot: 5,6
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8461
  • Longitude: -87.6395

    Address

  • Full Address: 480 W 25th Pl
  • Address - House Number: 480
  • Street Direction: W
  • Address - Street Name: 25th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C009
  • 4-Digit Zip Code: 2244
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,787
  • Tax Rate Code Area: 76001

    Appraisal Valuation

  • Standard Deviation: 0.2105
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 406,327
  • High Value: 491,896
  • Low Value: 320,758

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $70,530
  • Market Improvement Value: $259,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $7,053
  • Assessed Improvements Value: $25,947

    Sales

  • Current Sale Contract Date: Nov 28, 2020
  • Current Sale Recording Date: Jan 04, 2021
  • Current Sale Transaction ID: 11810751443
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2100406072
  • Previous Sale Recording Date: Feb 19, 2004
  • Previous Sale Contract Date: Feb 10, 2004
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jan 04, 2021
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC GLOBAL BANK
  • Previous Mortgage Transaction Date: Feb 19, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $30,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Mar 01, 2009

About Southwest Side



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Frequently Asked Questions

What neighborhood is 480 West 25th Place located in?
The 480 West 25th Place is a located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 480 West 25th Place?
The average sales price for units in 480 West 25th Place is $0 currently.

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