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5835 North Talman Avenue

5835 North Talman Avenue, Chicago, IL 60659
Property in Arcadia Terrace
Sold Aug 24, 2020
$400,000
Sold Feb 16, 2017
$16,500
$254,000 by Perl Mortgage Inc
Mortgage Due Mar 01, 2047
Local assessors in Chicago, IL have categorized 5835 North Talman Avenue as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 3,720 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 4 rooms in the home. Of these, 2 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 5835 North Talman Avenue has a total of 1,045 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 no garage for those who need a place to park their vehicle. 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 frame 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 wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 5835 North Talman Avenue was last sold in Jul 6, 2020 for $400,000. According to our calculations, that's $382.78 per sqft. Prior to that sales transaction, the property was sold for $16,500 in Jan 19, 2017. Current property owners are expected to pay $5,896 in taxes per year. The property on 5835 North Talman Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,329. To break that down further, the land itself was valued at $11,164. While improvements to the property were assessed at a total of $18,165. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,720
  • Total Building Area: 1,045
  • Gross Building Area: 1,045
  • Building Area: 1,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KAISER & COMPANYS ARCADIA
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W F (KAISER) & (COMPANYS)(ARCADIA) TERRACE SUB IN NW SE SEC 01-40-13

Ownership

  • Current Owner : PHIPPS RANDALL KEITH
  • Current Owner 2: KUENN STEPHANIE MICHELLE
  • Previous Owner : RIDDICK ANNE M
  • Owner Before Previous Owner: STOOPS CHARLES I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 020801

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-01-411-009-0000
  • Block: 12
  • Lot: 29
  • Meridian: SEC 01 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9878
  • Longitude: -87.6954

    Address

  • Full Address: 5835 N Talman Ave
  • Address - House Number: 5835
  • Street Direction: N
  • Address - Street Name: Talman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C002
  • 4-Digit Zip Code: 4903
  • Zip Code: 60659

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,896
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 431,186
  • High Value: 529,827
  • Low Value: 332,545

    Market Valuation

  • Market Total Value: $293,290
  • Market Land Value: $111,640
  • Market Improvement Value: $181,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,329
  • Assessed Land Value: $11,164
  • Assessed Improvements Value: $18,165

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Transaction ID: 11783940624
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023721051
  • Previous Sale Recording Date: Feb 16, 2017
  • Previous Sale Contract Date: Jan 19, 2017
  • Previous Sale Amount: $16,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUELEAF LENDING LLC
  • First Mortgage Transaction Date: Aug 24, 2020
  • First Mortgage Loan Amount: $359,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PERL MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 16, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $254,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2047

About North Side



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Frequently Asked Questions

What neighborhood is 5835 North Talman Avenue located in?
The 5835 North Talman Avenue is a located in the neighborhood of Arcadia Terrace in North Side, Chicago.
What is the average sales price for listings in 5835 North Talman Avenue?
The average sales price for units in 5835 North Talman Avenue is $0 currently.

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