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6048 West Melrose Street

6048 West Melrose Street, Chicago, IL 60634
Sold Jan 08, 2020
$285,000
$256,500 by Self Help Fcu
Mortgage Due Feb 01, 2050
Sold May 12, 2014
$180,500
Local assessors in Chicago, IL have categorized 6048 West Melrose Street as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 3,780 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 300 ft. 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 6 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6048 West Melrose Street has a total of 1,798 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Dec 19, 2019 for $285,000. That's $158.51 per sqft. Prior to that sales transaction, the property was also sold in Apr 29, 2014 for $180,500. 6048 West Melrose Street was last assessed in 2023. The total value of the property was assessed at $31,000. Specifically, the land the property is located on was valued at $10,584. While improvements on the property were assessed at a total of $20,416. 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 $6,380. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • 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: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,780
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,798
  • Gross Building Area: 1,798
  • Building Area: 1,798
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,798
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BOOTHS BELMONT AVE ADD TO CHICAGO
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHAS (BOOTHS) (BELMONT) AVE ADD TO (CHICAGO) SUB OF S .10ACS NH SH SW & SH SH SW SEC 20-40-13

Ownership

  • Current Owner : GARCIA REYES
  • Current Owner 2: SILVA JOSEFINA
  • Previous Owner : MARGULIS ALEXANDER
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 171100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Dec 03, 2046
  • District: 71
  • Parcel: 13-20-327-041-0000
  • Lot: 45
  • Meridian: SEC 20 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9396
  • Longitude: -87.7782

    Address

  • Full Address: 6048 W Melrose St
  • Address - House Number: 6048
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C025
  • 4-Digit Zip Code: 4205
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,380
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 405,324
  • High Value: 497,876
  • Low Value: 312,772

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,500
  • First Open Lien Mortgage Lender: SELF HELP FCU
  • First Open Lien Mortgage Recording Date: Jan 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $256,500
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $105,840
  • Market Improvement Value: $204,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $10,584
  • Assessed Improvements Value: $20,416

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Jan 08, 2020
  • Current Sale Transaction ID: 11713895005
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2000847040
  • Previous Sale Recording Date: May 12, 2014
  • Previous Sale Contract Date: Apr 29, 2014
  • Previous Sale Amount: $180,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SELF HELP FCU
  • First Mortgage Transaction Date: Jan 08, 2020
  • First Mortgage Loan Amount: $256,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 6048 West Melrose Street located in?
The 6048 West Melrose Street is a house located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 6048 West Melrose Street?
The average sales price for units in 6048 West Melrose Street is $0 currently.

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