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7041 West Roscoe Street

7041 West Roscoe Street, Chicago, IL 60634
Property in Schorsch Village
Sold May 05, 2000
$162,500
$110,000 by Banco Popular North America
Mortgage Due Apr 01, 2030
Local assessors in Chicago, IL have categorized 7041 West Roscoe Street 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 4,198 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 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 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 7041 West Roscoe Street has a total of 1,237 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 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. 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, 7041 West Roscoe Street sold most recently in Mar 21, 2000 for a total of $162,500. If you work out the math, that's approximately a cost of $131.37 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 $4,904 in taxes each year. 7041 West Roscoe Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,000. If we break it down further, the land itself was valued at $11,754. Improvements to the property, however, were assessed at a total of $18,246. 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. 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. 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: 1953
  • Effective Year Built: 1953
  • 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: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,198
  • Total Building Area: 1,237
  • Gross Building Area: 1,237
  • Building Area: 1,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,237
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONE & COMPANYS BELMONT
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H.O.(STONE) & (COMPANYS)(BELMONT) AVE TERRACE SUB IN WH SW SEC 19-40-13

Ownership

  • Current Owner : PENA DORIS E
  • Current Owner 2: RAMOS ORLANDO
  • Previous Owner : DIBELLA RICHARD
  • Previous Owner 2: DIBELLA ARACELY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 171000

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Feb 02, 2046
  • District: 71
  • Parcel: 13-19-320-001-0000
  • Block: 16
  • Lot: 14
  • Meridian: SEC 19 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9415
  • Longitude: -87.8029

    Address

  • Full Address: 7041 W Roscoe St
  • Address - House Number: 7041
  • Street Direction: W
  • Address - Street Name: Roscoe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C050
  • 4-Digit Zip Code: 3643
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,904
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 356,206
  • High Value: 439,203
  • Low Value: 273,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: BANCO POPULAR NORTH AMERICA
  • First Open Lien Mortgage Recording Date: May 05, 2000
  • First Open Lien Mortgage Loan Amount: $110,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2030

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $117,540
  • Market Improvement Value: $182,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $11,754
  • Assessed Improvements Value: $18,246

    Sales

  • Current Sale Contract Date: Mar 21, 2000
  • Current Sale Recording Date: May 05, 2000
  • Current Sale Transaction ID: 1176859916
  • Current Sale Price: $162,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 00318634

    Last Sale Mortgage

  • First Mortgage Lender: BANCO POPULAR NORTH AMERICA
  • First Mortgage Transaction Date: May 05, 2000
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2030

About Northwest Side



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Frequently Asked Questions

What neighborhood is 7041 West Roscoe Street located in?
The 7041 West Roscoe Street is a located in the neighborhood of Schorsch Village in Northwest Side, Chicago.
What is the average sales price for listings in 7041 West Roscoe Street?
The average sales price for units in 7041 West Roscoe Street is $0 currently.

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