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4838 North Damen Avenue

4838 North Damen Avenue, Chicago, IL 60625
Property in Ravenswood
Sold Nov 29, 2005
$649,000
$519,200 by Washington Mutual Bank Fa
Mortgage Due Dec 01, 2035
Sold Oct 28, 2003
$420,000
$336,000 by Shorebank
Mortgage Due Sep 01, 2023
4838 North Damen Avenue in Chicago, IL was first built in 1905 and is 119 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 multifamily style. There are a total of 2 floors. There are a total of 15 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4838 North Damen Avenue has 2,818 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 3,172 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached 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 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, 4838 North Damen Avenue sold most recently in Oct 31, 2005 for a total of $649,000. If you work out the math, that's approximately a cost of $230.31 per sqft. Before that, the property was also sold for $420,000 in Aug 6, 2003. 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 $11,250 in taxes each year. 4838 North Damen Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,908. If we break it down further, the land itself was valued at $25,376. Improvements to the property, however, were assessed at a total of $27,532. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 3
  • Business/Commerical Units Count: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,172
  • Total Building Area: 2,818
  • Gross Building Area: 2,818
  • Building Area: 2,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CULVER PARK
  • Land Acres: 0.073
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : LANDJOV GUEORGUI V
  • Previous Owner : TRAN THONG N
  • Owner Before Previous Owner: KING ROBERT E
  • Owner Before Previous Owner 2: KING IMOGENE N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040402

Zoning

  • Zoning: B2-2

Geography

  • Assessors Map Reference: 17S-94-04
  • District: 73
  • Parcel: 14-07-325-029-0000
  • Block: 2
  • Lot: 8
  • Meridian: SEC 07 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.97
  • Longitude: -87.6798

    Address

  • Full Address: 4838 N Damen Ave
  • Address - House Number: 4838
  • Street Direction: N
  • Address - Street Name: Damen
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C004
  • 4-Digit Zip Code: 6982
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,250
  • Tax Rate Code Area: 73061

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 520,320
  • High Value: 653,271
  • Low Value: 387,368

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $616,550
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: Nov 29, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $519,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Negative Amortization
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035
  • Second Open Lien Mortgage Lender: HARRIS NA
  • Second Open Lien Mortgage Recording Date: Nov 29, 2005
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $97,350
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $529,080
  • Market Land Value: $253,760
  • Market Improvement Value: $275,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,908
  • Assessed Land Value: $25,376
  • Assessed Improvements Value: $27,532

    Sales

  • Current Sale Contract Date: Oct 31, 2005
  • Current Sale Recording Date: Nov 29, 2005
  • Current Sale Transaction ID: 1144452965
  • Current Sale Price: $649,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0533345065
  • Previous Sale Recording Date: Oct 28, 2003
  • Previous Sale Contract Date: Aug 06, 2003
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Nov 29, 2005
  • First Mortgage Loan Amount: $519,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Negative Amortization
  • First Mortgage Loan Due Date: Dec 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SHOREBANK
  • Previous Mortgage Transaction Date: Oct 28, 2003
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $336,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2023

About North Side



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Frequently Asked Questions

What neighborhood is 4838 North Damen Avenue located in?
The 4838 North Damen Avenue is a located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 4838 North Damen Avenue?
The average sales price for units in 4838 North Damen Avenue is $0 currently.

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