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4937 North California Avenue

4937 North California Avenue, Chicago, IL 60625
Property in Ravenswood
Sold May 05, 2021
$717,000
$548,250 by Prosperity Home Mortgage Llc
Mortgage Due May 01, 2051
Sold Jun 27, 2016
$580,000
$464,000 by Bank Of America Na
Mortgage Due Jul 01, 2046
4937 North California 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 1920 and is 104 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4937 North California Avenue has 2,101 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 asphalt. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4937 North California Avenue was last sold in Apr 23, 2021 for $717,000. According to our calculations, that's $341.27 per sqft. Prior to that sales transaction, the property was sold for $580,000 in Jun 13, 2016. Current property owners are expected to pay $13,164 in taxes per year. The property on 4937 North California Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $64,000. To break that down further, the land itself was valued at $10,080. While improvements to the property were assessed at a total of $53,920. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,101
  • Gross Building Area: 2,101
  • Building Area: 2,101
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,101
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NIXON & PRASSAS ADD TO NEW RAVENSWOOD
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (NIXON) & (PRASSAS) ADD TO (NEW) (RAVENSWOOD) PARK SU B OF W169FT LT60, EX W33FT, IN SAM SHACKFORDS BOWMANVILLE SUB OF SW SE

Ownership

  • Current Owner : POLCIK BRANDON
  • Current Owner 2: LEE HELEN
  • Previous Owner : HILTON EZRA
  • Previous Owner 2: HENRY ORLY M
  • Owner Before Previous Owner: SEGER KENT R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040201

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-12-412-003-0000
  • Lot: 60
  • Meridian: SEC 12 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9718
  • Longitude: -87.6985

    Address

  • Full Address: 4937 N California Ave
  • Address - House Number: 4937
  • Street Direction: N
  • Address - Street Name: California
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 3625
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,164
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2665
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 847,308
  • High Value: 1,073,165
  • Low Value: 621,450

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $640,000
  • Market Land Value: $100,800
  • Market Improvement Value: $539,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,000
  • Assessed Land Value: $10,080
  • Assessed Improvements Value: $53,920

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11834053959
  • Current Sale Price: $717,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2112541054
  • Previous Sale Recording Date: Jun 27, 2016
  • Previous Sale Contract Date: Jun 13, 2016
  • Previous Sale Amount: $580,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 27, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $464,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About North Side



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Frequently Asked Questions

What neighborhood is 4937 North California Avenue located in?
The 4937 North California Avenue is a located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 4937 North California Avenue?
The average sales price for units in 4937 North California Avenue is $0 currently.

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