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7053 North Osceola Avenue

7053 North Osceola Avenue, Chicago, IL 60631
Property in Edison Park
Sold Sep 14, 2006
$380,000
$264,400 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2051
Local assessors in Chicago, IL have categorized 7053 North Osceola Avenue as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 6,027 square feet. The linear feet between the front and back of the lot was measured at 1,470 ft and the front of the lot was measured at 410 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. 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 7053 North Osceola Avenue has a total of 2,626 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. 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 central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7053 North Osceola Avenue sold most recently in Aug 31, 2006 for a total of $380,000. If you work out the math, that's approximately a cost of $144.71 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 $15,134 in taxes each year. 7053 North Osceola Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $77,000. If we break it down further, the land itself was valued at $12,054. Improvements to the property, however, were assessed at a total of $64,946. 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,027
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,626
  • Gross Building Area: 2,626
  • Building Area: 2,626
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GRAND ADD/EDISON PARK
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LYONS SEAN T
  • Current Owner 2: LYONS LAURA M
  • Previous Owner : GAMMEL HILDEGARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 090200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 09-36-211-002-0000
  • Block: 8
  • Lot: 2,1
  • Meridian: SEC 36 TWN 41N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 42.0095
  • Longitude: -87.812

    Address

  • Full Address: 7053 N Osceola Ave
  • Address - House Number: 7053
  • Street Direction: N
  • Address - Street Name: Osceola
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 1046
  • Zip Code: 60631

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,134
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 897,203
  • High Value: 1,101,432
  • Low Value: 692,974

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,400
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 24, 2021
  • First Open Lien Mortgage Loan Amount: $264,400
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $770,000
  • Market Land Value: $120,540
  • Market Improvement Value: $649,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,000
  • Assessed Land Value: $12,054
  • Assessed Improvements Value: $64,946

    Sales

  • Current Sale Contract Date: Aug 31, 2006
  • Current Sale Recording Date: Sep 14, 2006
  • Current Sale Transaction ID: 1078542038
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0625740037

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 14, 2006
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Sep 01, 2036

About Northwest Side



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Frequently Asked Questions

What neighborhood is 7053 North Osceola Avenue located in?
The 7053 North Osceola Avenue is a located in the neighborhood of Edison Park in Northwest Side, Chicago.
What is the average sales price for listings in 7053 North Osceola Avenue?
The average sales price for units in 7053 North Osceola Avenue is $0 currently.

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