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4837 North Claremont Avenue

4837 North Claremont Avenue, Chicago, IL 60625
Property in Ravenswood
Sold Aug 08, 2023
$750,000
$450,000 by Guaranteed Rate, Inc.
Mortgage Due Aug 01, 2053
Sold Dec 05, 2000
$456,000
$364,800 by Pnc Mtg Corp Of America
Mortgage Due Dec 01, 2030
4837 North Claremont Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1915 and is 109 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4837 North Claremont Avenue has 1,920 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 3,720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 masonry 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 tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Jul 10, 2023 for $750,000. That's $390.63 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2000 for $456,000. 4837 North Claremont Avenue was last assessed in 2023. The total value of the property was assessed at $54,317. Specifically, the land the property is located on was valued at $29,760. While improvements on the property were assessed at a total of $24,557. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,029. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 10
  • Bedroom Count: 4
  • 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: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,720
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LENZ & HOEFLES
  • Land Acres: 0.085
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (LENZ) & (HOEFLES) SUB SEC 07-40-14

Ownership

  • Current Owner : GORDON-FAHN LAUREN M
  • Current Owner 2: GORDON CARIN R
  • Previous Owner : CAROL FRANCIS TRUST
  • Owner Before Previous Owner: GALLAGHER JOHN S
  • Owner Before Previous Owner 2: GALLAGHER DEIRDRE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040401

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 17S-91-03
  • District: 73
  • Parcel: 14-07-319-009-0000
  • Block: 1
  • Lot: 14
  • Meridian: SEC 07 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9697
  • Longitude: -87.6875

    Address

  • Full Address: 4837 N Claremont Ave
  • Address - House Number: 4837
  • Street Direction: N
  • Address - Street Name: Claremont
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C009
  • 4-Digit Zip Code: 1909
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,029
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 527,243
  • High Value: 661,963
  • Low Value: 392,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Aug 08, 2023
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $543,170
  • Market Land Value: $297,600
  • Market Improvement Value: $245,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,317
  • Assessed Land Value: $29,760
  • Assessed Improvements Value: $24,557

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Transaction ID: 11910858672
  • Current Sale Price: $750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 29115
  • Previous Sale Recording Date: Dec 05, 2000
  • Previous Sale Contract Date: Nov 30, 2000
  • Previous Sale Amount: $456,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Aug 08, 2023
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PNC MTG CORP OF AMERICA
  • Previous Mortgage Transaction Date: Dec 05, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $364,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 01, 2030

About North Side



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Frequently Asked Questions

What neighborhood is 4837 North Claremont Avenue located in?
The 4837 North Claremont Avenue is a located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 4837 North Claremont Avenue?
The average sales price for units in 4837 North Claremont Avenue is $0 currently.

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