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4933 Commonwealth Avenue

4933 Commonwealth Avenue, Western Springs, IL 60558
Property in Lyons
Sold Nov 18, 2014
$383,000
Sold Jun 30, 2004
$445,000
$100,000 by The Foster Bank
Mortgage Due Jun 01, 2014
Local assessors in Western Springs, IL have categorized 4933 Commonwealth Avenue as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 1,037,998 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4933 Commonwealth 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. 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, 4933 Commonwealth Avenue sold most recently in Nov 7, 2014 for a total of $383,000. If you work out the math, that's approximately a cost of $167.69 per sqft. Before that, the property was also sold for $445,000 in Jun 1, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,180 in taxes each year. 4933 Commonwealth Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,631. If we break it down further, the land itself was valued at $9,644. Improvements to the property, however, were assessed at a total of $33,987. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,037,998
  • Total Building Area: 2,284
  • Gross Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: Living Area

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COMMONWEALTH/VLG CONDO
  • Land Acres: 23.829
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : CONNOR WAYNE M O
  • Current Owner 2: CONNOR PHYLLIS E O
  • Previous Owner : HONG CHONG SOON
  • Owner Before Previous Owner: CHIAPPE DAVID M
  • Owner Before Previous Owner 2: LYNCH SUSAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819900

Geography

  • District: 21
  • Parcel: 18-07-109-037-1047
  • Municipality: LYONS
  • Latitude: 41.7984
  • Longitude: -87.9077

    Address

  • Full Address: 4933 Creek Dr
  • Address - House Number: 4933
  • Address - Street Name: Creek
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Western Springs
  • Carrier Code: C017
  • 4-Digit Zip Code: 1272
  • Zip Code: 60558

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,180
  • Tax Rate Code Area: 21035

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 503,506
  • High Value: 598,655
  • Low Value: 408,358

    Market Valuation

  • Market Total Value: $436,310
  • Market Land Value: $96,440
  • Market Improvement Value: $339,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,631
  • Assessed Land Value: $9,644
  • Assessed Improvements Value: $33,987

    Sales

  • Current Sale Contract Date: Nov 07, 2014
  • Current Sale Recording Date: Nov 18, 2014
  • Current Sale Transaction ID: 1088794825
  • Current Sale Price: $383,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1432249086
  • Previous Sale Recording Date: Jun 30, 2004
  • Previous Sale Contract Date: Jun 01, 2004
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Nov 18, 2014
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE FOSTER BANK
  • Previous Mortgage Transaction Date: Jun 30, 2004
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2014

About Western Springs



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Frequently Asked Questions

What neighborhood is 4933 Commonwealth Avenue located in?
The 4933 Commonwealth Avenue is a located in the neighborhood of Lyons in Western Springs, Western Springs.
What is the average sales price for listings in 4933 Commonwealth Avenue?
The average sales price for units in 4933 Commonwealth Avenue is $0 currently.

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