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4833 West Race Avenue

4833 West Race Avenue, Chicago, IL 60644
Property in South Austin
Sold Oct 18, 2017
$155,000
$146,412 by Cmg Mortgage Inc
Mortgage Due Oct 01, 2047
4833 West Race Avenue in Chicago, IL was first built in 1895 and is 129 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 bungalow style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 4833 West Race Avenue has 1,497 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 6,250 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 detached garage. There are a total of 3 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 frame 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 wood. 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, 4833 West Race Avenue sold most recently in Aug 16, 2017 for a total of $155,000. If you work out the math, that's approximately a cost of $103.54 per sqft. 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 $3,702 in taxes each year. 4833 West Race Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,001. If we break it down further, the land itself was valued at $5,938. Improvements to the property, however, were assessed at a total of $12,063. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,497
  • Gross Building Area: 1,497
  • Building Area: 1,497
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,497
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRAFTS SUBDIVISION
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CRUZ JULIO C
  • Previous Owner : DANIELS BETTY J
  • Previous Owner 2: PEGUES LEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 251700

Zoning

  • Zoning: RS-3

Geography

  • District: 77
  • Parcel: 16-09-223-048-0000
  • Meridian: SEC 09 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8902
  • Longitude: -87.7469

    Address

  • Full Address: 4833 W Race Ave
  • Address - House Number: 4833
  • Street Direction: W
  • Address - Street Name: Race
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C002
  • 4-Digit Zip Code: 1747
  • Zip Code: 60644

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,702
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 192,719
  • High Value: 280,702
  • Low Value: 104,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,412
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 18, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $146,412
  • 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: Oct 01, 2047

    Market Valuation

  • Market Total Value: $180,010
  • Market Land Value: $59,380
  • Market Improvement Value: $120,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,001
  • Assessed Land Value: $5,938
  • Assessed Improvements Value: $12,063

    Sales

  • Current Sale Contract Date: Aug 16, 2017
  • Current Sale Recording Date: Oct 18, 2017
  • Current Sale Transaction ID: 1397338022
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1729115022

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Oct 18, 2017
  • First Mortgage Loan Amount: $146,412
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

About Northwest Side



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Frequently Asked Questions

What neighborhood is 4833 West Race Avenue located in?
The 4833 West Race Avenue is a located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 4833 West Race Avenue?
The average sales price for units in 4833 West Race Avenue is $0 currently.

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