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6448 West Raven Street

6448 West Raven Street, Chicago, IL 60631
Sold Nov 10, 2020
$395,000
$387,845 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2050
Sold May 08, 2003
$300,000
$240,000 by Liberty Bank For Savings
Mortgage Due Jun 01, 2033
6448 West Raven Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1927 and is 97 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6448 West Raven Street has 1,922 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it 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, 6448 West Raven Street sold most recently in Sep 29, 2020 for a total of $395,000. If you work out the math, that's approximately a cost of $205.52 per sqft. Before that, the property was also sold for $300,000 in May 1, 2003. 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 $6,732 in taxes each year. 6448 West Raven Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,731. If we break it down further, the land itself was valued at $9,379. Improvements to the property, however, were assessed at a total of $23,352. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 1,922
  • Gross Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRIPE & REECES
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CRIPE) & (REECES) RESUB LTS 11-17 BLK 2 OF MC COLLAM & KRUGGELS 2ND NORWOOD PARK ADD IN NE NE SEC 06-40-13

Ownership

  • Current Owner : LUEVANO EDWIN A
  • Previous Owner : RYAN JAMES W
  • Owner Before Previous Owner: LASALLE BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 100200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-06-213-032-0000
  • Block: 2
  • Lot: 11-17
  • Meridian: SEC 06 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.994
  • Longitude: -87.7895

    Address

  • Full Address: 6448 W Raven St
  • Address - House Number: 6448
  • Street Direction: W
  • Address - Street Name: Raven
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C013
  • 4-Digit Zip Code: 2552
  • Zip Code: 60631

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,732
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 358,350
  • High Value: 412,437
  • Low Value: 304,262

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $395,345
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $387,845
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Nov 10, 2020
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $327,310
  • Market Land Value: $93,790
  • Market Improvement Value: $233,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,731
  • Assessed Land Value: $9,379
  • Assessed Improvements Value: $23,352

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Transaction ID: 11802477492
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031521150
  • Previous Sale Recording Date: May 08, 2003
  • Previous Sale Contract Date: May 01, 2003
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 10, 2020
  • First Mortgage Loan Amount: $387,845
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LIBERTY BANK FOR SAVINGS
  • Previous Mortgage Transaction Date: May 08, 2003
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2033

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Frequently Asked Questions

What neighborhood is 6448 West Raven Street located in?
The 6448 West Raven Street is a located in the neighborhood of Norwood Park East in Northwest Side, Chicago.
What is the average sales price for listings in 6448 West Raven Street?
The average sales price for units in 6448 West Raven Street is $0 currently.

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