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4855 West 121st Street

4855 West 121st Street, Alsip, IL 60803
Property in Alsip
Sold May 10, 2021
$327,500
$321,567 by Paramount Residential Mortgage
Mortgage Due Apr 01, 2051
Sold Mar 05, 2020
$265,000
$254,476 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2050
4855 West 121st Street in Alsip, IL was first built in 1977 and is 47 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 split level style. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4855 West 121st Street has 2,129 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 6,650 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 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 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 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, 4855 West 121st Street sold most recently in Feb 22, 2021 for a total of $327,500. If you work out the math, that's approximately a cost of $153.83 per sqft. Before that, the property was also sold for $265,000 in Mar 2, 2020. 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 $7,349 in taxes each year. 4855 West 121st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,000. If we break it down further, the land itself was valued at $4,655. Improvements to the property, however, were assessed at a total of $26,345. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,650
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,129
  • Gross Building Area: 2,129
  • Building Area: 2,129
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,129
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLACE SUB
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PARK) PLACE SUB OF PT OF NH SE EH NE SEC 28-37-13

Ownership

  • Current Owner : CARRASQUILLO PEDRO
  • Current Owner 2: CARRASQUILLO JEANNINE
  • Previous Owner : MELVIN KIMBERLY R
  • Owner Before Previous Owner: GARETTO MARY J
  • Owner Before Previous Owner 2: MARY J GARETTO LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Alsip-Hazelgreen-Oaklawn School District 126
  • Census Tract: 823200

Geography

  • District: 39
  • Parcel: 24-28-211-003-0000
  • Block: 1
  • Lot: 3
  • Meridian: SEC 28 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.6724
  • Longitude: -87.7421

    Address

  • Full Address: 4855 W 121st St
  • Address - House Number: 4855
  • Street Direction: W
  • Address - Street Name: 121st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Alsip
  • Carrier Code: C046
  • 4-Digit Zip Code: 2801
  • Zip Code: 60803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,349
  • Tax Rate Code Area: 39037

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 356,886
  • High Value: 439,495
  • Low Value: 274,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,567
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $321,567
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $46,550
  • Market Improvement Value: $263,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $4,655
  • Assessed Improvements Value: $26,345

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11834360977
  • Current Sale Price: $327,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2113001248
  • Previous Sale Recording Date: Mar 05, 2020
  • Previous Sale Contract Date: Mar 02, 2020
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $321,567
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Mar 05, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $254,476
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Alsip



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Frequently Asked Questions

What neighborhood is 4855 West 121st Street located in?
The 4855 West 121st Street is a located in the neighborhood of Alsip in Alsip, Alsip.
What is the average sales price for listings in 4855 West 121st Street?
The average sales price for units in 4855 West 121st Street is $314,990 , or $103/sqft. currently.

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