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4N358 7th Avenue

4N358 7th Avenue, Addison, IL 60101
Property in Addison
Sold Nov 01, 2019
$339,000
$332,859 by Quicken Loans Inc
Mortgage Due Nov 01, 2049
4N358 7th Avenue has been categorized by the local assessors in Addison, IL as a residential type of property. The building on the property was first built in 1985 and is 39 years old. 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, 4N358 7th Avenue has 3,183 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 150 ft and across the front of the lot is 100 ft. The area measurement of the land has been determined as 15,246 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame 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 attached garage for those who require parking. The garage measured 539 sqft. According to our sources, there are a total of 2 available parking spaces. 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 frame control joints. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 26, 2019 for $339,000. That's $69.28 per sqft. 4N358 7th Avenue was last assessed in 2022. The total value of the property was assessed at $166,650. Specifically, the land the property is located on was valued at $60,510. While improvements on the property were assessed at a total of $106,140. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,011. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,171
  • Garage Type: Attached
  • Garage Square Area: 539
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 100
  • Total Building Area: 4,893
  • Gross Building Area: 4,893
  • Building Area: 3,183
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,183
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAUES LAKE TERR
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAUES LAKE TERR ALL ALL

Ownership

  • Current Owner : WELCH RAY
  • Current Owner 2: WELCH HEATHER
  • Previous Owner : SCHMIDT ANN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840303

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-C4
  • Parcel: 03-20-303-024
  • Block: 4
  • Lot: 7
  • Municipality: ADDISON
  • Latitude: 41.9406
  • Longitude: -88.0135

    Address

  • Full Address: 4n358 7th Ave
  • Address - House Number: 4n358
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: R003
  • 4-Digit Zip Code: 2010
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,011
  • Tax Rate Code Area: 3031

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 590,406
  • High Value: 683,210
  • Low Value: 497,602

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $388,859
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 01, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $332,859
  • 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: Nov 01, 2049
  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Apr 03, 2023
  • Second Open Lien Mortgage Loan Amount: $56,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2033

    Market Valuation

  • Market Total Value: $499,950
  • Market Land Value: $181,530
  • Market Improvement Value: $318,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $166,650
  • Assessed Land Value: $60,510
  • Assessed Improvements Value: $106,140

    Sales

  • Current Sale Contract Date: Oct 26, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11672693472
  • Current Sale Price: $339,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2019-100654

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $332,859
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Addison



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4N358 7th Avenue located in?
The 4N358 7th Avenue is a located in the neighborhood of Addison in Addison, Addison.
What is the average sales price for listings in 4N358 7th Avenue?
The average sales price for units in 4N358 7th Avenue is $0 currently.

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