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4929 North Western Avenue

4929 North Western Avenue, Chicago, IL 60625
Property in Ravenswood
Sold Nov 21, 2013
$345,000
$287,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Local assessors in Chicago, IL have categorized 4929 North Western Avenue as a residential type of property. The home was built in 1917 and is 107 years old. The property's lot size has been calculated to be 3,180 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4929 North Western Avenue has a total of 2,284 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4929 North Western Avenue was last sold in Oct 6, 2013 for $345,000. According to our calculations, that's $151.05 per sqft. Current property owners are expected to pay $9,883 in taxes per year. The property on 4929 North Western Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $48,052. To break that down further, the land itself was valued at $25,440. While improvements to the property were assessed at a total of $22,612. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • 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: 3,180
  • Total Building Area: 2,284
  • Gross Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HELENA KLENS ADD/CHICAGO
  • Land Acres: 0.073
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : WOLFE JAMES R
  • Previous Owner : BEHELER RICHARD
  • Owner Generation Identifier: II

Neighborhood

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

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: 17S-91-05
  • District: 73
  • Parcel: 14-07-310-009-0000
  • Lot: 3
  • Meridian: SEC 07 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9713
  • Longitude: -87.6886

    Address

  • Full Address: 4929 N Western Ave
  • Address - House Number: 4929
  • Street Direction: N
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 1921
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,883
  • Tax Rate Code Area: 73023

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 496,458
  • High Value: 623,312
  • Low Value: 369,603

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $287,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $287,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $480,520
  • Market Land Value: $254,400
  • Market Improvement Value: $226,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,052
  • Assessed Land Value: $25,440
  • Assessed Improvements Value: $22,612

    Sales

  • Current Sale Contract Date: Oct 06, 2013
  • Current Sale Recording Date: Nov 21, 2013
  • Current Sale Transaction ID: 1093535574
  • Current Sale Price: $345,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 1332535143

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 21, 2013
  • First Mortgage Loan Amount: $329,724
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2043

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 4929 North Western Avenue located in?
The 4929 North Western Avenue is a located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 4929 North Western Avenue?
The average sales price for units in 4929 North Western Avenue is $0 currently.

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