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511 Malden Avenue

511 Malden Avenue, La Grange Park, IL 60526
Property in Proviso
Sold Dec 10, 2020
$900,000
$500,000 by Us Bank Na
Mortgage Due Dec 01, 2050
Sold Aug 06, 1997
$240,000
Local assessors in La Grange Park, IL have categorized 511 Malden Avenue as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 13,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 511 Malden Avenue has a total of 1,340 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 attached 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 asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 5, 2020 for $900,000. That's $671.64 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 1997 for $240,000. 511 Malden Avenue was last assessed in 2023. The total value of the property was assessed at $42,000. Specifically, the land the property is located on was valued at $13,300. While improvements on the property were assessed at a total of $28,700. 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 $10,957. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,300
  • Total Building Area: 1,340
  • Gross Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH EDGEWOOD PARK
  • Land Acres: 0.305
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (NORTH)(EDGEWOOD)(PARK) SUB OF N1305.6FT OF EH SE SEC 32-39-12

Ownership

  • Current Owner : RINKE DOLORES F
  • Previous Owner : JOHNSON VICTOR
  • Previous Owner 2: JOHNSON NANCY E
  • Owner Before Previous Owner: DECLARATION KARTHEISER MARY L

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819000

Geography

  • District: 31
  • Parcel: 15-32-405-029-0000
  • Block: F
  • Lot: 14,15
  • Meridian: SEC 32 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8236
  • Longitude: -87.8834

    Address

  • Full Address: 511 Malden Ave
  • Address - House Number: 511
  • Address - Street Name: Malden
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: La Grange Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 5514
  • Zip Code: 60526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,957
  • Tax Rate Code Area: 31050

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 696,585
  • High Value: 855,206
  • Low Value: 537,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $133,000
  • Market Improvement Value: $287,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $28,700

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11806366905
  • Current Sale Price: $900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2034528038
  • Previous Sale Recording Date: Aug 06, 1997
  • Previous Sale Contract Date: Aug 01, 1997
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About La Grange Park



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Frequently Asked Questions

What neighborhood is 511 Malden Avenue located in?
The 511 Malden Avenue is a located in the neighborhood of Proviso in La Grange Park, La Grange Park.
What is the average sales price for listings in 511 Malden Avenue?
The average sales price for units in 511 Malden Avenue is $0 currently.

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