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738 North Lombard Avenue

738 North Lombard Avenue, Oak Park, IL 60302
House in Oak Park
Sold Sep 25, 2018
$491,000
$383,000 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2035
Sold Nov 08, 2012
$436,000
$348,600 by Prospect Mortgage Llc
Mortgage Due Nov 01, 2042
738 North Lombard Avenue in Oak Park, IL was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 738 North Lombard Avenue has 1,635 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,300 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 738 North Lombard Avenue sold most recently in Sep 11, 2018 for a total of $491,000. If you work out the math, that's approximately a cost of $300.31 per sqft. Before that, the property was also sold for $436,000 in Oct 16, 2012. 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 $15,818 in taxes each year. 738 North Lombard Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,000. If we break it down further, the land itself was valued at $8,190. Improvements to the property, however, were assessed at a total of $36,810. 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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • 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: 6,300
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,635
  • Gross Building Area: 1,635
  • Building Area: 1,635
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,635
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOOKERS SUB
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HOOKERS) SUB OF NE SW SEC 05-39-13

Ownership

  • Current Owner : REGAN PHILIP MICHAEL
  • Current Owner 2: MAIETTA KATHERINE LOUISE
  • Previous Owner : BANOUT ANTHONY S
  • Previous Owner 2: KULT JULIE A
  • Owner Before Previous Owner: CARLISLE SCOTT
  • Owner Before Previous Owner 2: CARLISLE BARBARA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 812100

Geography

  • District: 27
  • Parcel: 16-05-311-035-0000
  • Block: 5
  • Lot: 22,23
  • Meridian: SEC 05 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8997
  • Longitude: -87.7798

    Address

  • Full Address: 738 N Lombard Ave
  • Address - House Number: 738
  • Street Direction: N
  • Address - Street Name: Lombard
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C012
  • 4-Digit Zip Code: 1722
  • Zip Code: 60302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,818
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 555,784
  • High Value: 681,710
  • Low Value: 429,858

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $383,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 23, 2020
  • First Open Lien Mortgage Loan Amount: $383,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $81,900
  • Market Improvement Value: $368,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $8,190
  • Assessed Improvements Value: $36,810

    Sales

  • Current Sale Contract Date: Sep 11, 2018
  • Current Sale Recording Date: Sep 25, 2018
  • Current Sale Transaction ID: 11509044704
  • Current Sale Price: $491,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1826810012
  • Previous Sale Recording Date: Nov 08, 2012
  • Previous Sale Contract Date: Oct 16, 2012
  • Previous Sale Amount: $436,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Sep 25, 2018
  • First Mortgage Loan Amount: $392,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 08, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $348,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Oak Park



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Frequently Asked Questions

What neighborhood is 738 North Lombard Avenue located in?
The 738 North Lombard Avenue is a house located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 738 North Lombard Avenue?
The average sales price for units in 738 North Lombard Avenue is $0 currently.

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