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526 Marengo Avenue

526 Marengo Avenue, Forest Park, IL 60130
House in Proviso
Sold Dec 31, 2018
$315,000
$296,000 by Bank Of America Na
Mortgage Due Jul 01, 2050
526 Marengo Avenue in Forest Park, IL was first built in 1908 and is 116 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 526 Marengo Avenue has 1,944 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 526 Marengo Avenue sold most recently in Dec 18, 2018 for a total of $315,000. If you work out the math, that's approximately a cost of $162.04 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,784 in taxes each year. 526 Marengo Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $33,507. If we break it down further, the land itself was valued at $5,200. Improvements to the property, however, were assessed at a total of $28,307. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • 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: 8,000
  • Total Building Area: 1,944
  • Gross Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARNEYS ADD
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF LT6 OF BLK3 LTS 6-7 OF BLK4 LTS1&2 OF BLK5 BLK7 & PT OF BLK6 IN CARNEYS ADD TO HARLEM IN SEC13 SEC 13-39-1

Ownership

  • Current Owner : MAHENDRA SUDIL
  • Current Owner 2: BARBIAN HANNAH
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816000

Geography

  • District: 31
  • Parcel: 15-13-214-007-0000
  • Block: 2-7
  • Lot: 1,2,6
  • Meridian: SEC 13 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8768
  • Longitude: -87.8067

    Address

  • Full Address: 526 Marengo Ave
  • Address - House Number: 526
  • Address - Street Name: Marengo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Forest Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1915
  • Zip Code: 60130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,784
  • Tax Rate Code Area: 31038

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 476,732
  • High Value: 586,682
  • Low Value: 366,782

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $296,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $335,070
  • Market Land Value: $52,000
  • Market Improvement Value: $283,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,507
  • Assessed Land Value: $5,200
  • Assessed Improvements Value: $28,307

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Dec 31, 2018
  • Current Sale Transaction ID: 11548631097
  • Current Sale Price: $315,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1836549123

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 31, 2018
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

About Forest Park



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Frequently Asked Questions

What neighborhood is 526 Marengo Avenue located in?
The 526 Marengo Avenue is a house located in the neighborhood of Proviso in Forest Park, Forest Park.
What is the average sales price for listings in 526 Marengo Avenue?
The average sales price for units in 526 Marengo Avenue is $0 currently.

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