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7429 North Avenue

7429 North Avenue, River Forest, IL 60305
Property in River Forest
Sold Sep 02, 2003
$145,000
$116,000 by Biltmore Financial Bancorp Inc
Mortgage Due Sep 01, 2033
Sold Oct 12, 1994
Transfer
Local assessors in River Forest, IL have categorized 7429 North Avenue 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 23,135 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 7429 North Avenue has a total of 33,420 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 garage for those who need a place to park their vehicle. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7429 North Avenue was last sold in Aug 12, 2003 for $145,000. According to our calculations, that's $4.34 per sqft. Current property owners are expected to pay $199 in taxes per year. The property on 7429 North Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $728. To break that down further, the land itself was valued at $60. While improvements to the property were assessed at a total of $668. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,135
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 33,420
  • Gross Building Area: 33,420
  • Building Area: 33,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 33,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORWAY HOUSE CONDOMINIUM
  • Land Acres: 0.531
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: (NORWAY) (HOUSE) CONDOMINIUM **NOTE FOR HALF UNITS AB STRACT 1/2 IN BLOCK FIELD** SEC 01-39-12

Ownership

  • Current Owner : GALEY PATRICIA A
  • Current Owner 2: ANDERSON HELEN G
  • Previous Owner : WINDT JOSEPH A
  • Owner Before Previous Owner: RIVER FOREST STATE BANK & TRUST COMPANY

Neighborhood

  • School District Name: River Forest School District 90
  • Census Tract: 812000

Geography

  • District: 33
  • Parcel: 15-01-202-028-1030
  • Block: 202
  • Lot: 1030
  • Meridian: SEC 01 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.9085
  • Longitude: -87.8118

    Address

  • Full Address: 7429 North Ave
  • Legal Unit: AB
  • Address - House Number: 7429
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $199
  • Tax Rate Code Area: 33012

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 43,864
  • High Value: 50,484
  • Low Value: 37,243

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $116,000
  • First Open Lien Mortgage Lender: BILTMORE FINANCIAL BANCORP INC
  • First Open Lien Mortgage Recording Date: Sep 02, 2003
  • First Open Lien Mortgage Loan Amount: $116,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2033

    Market Valuation

  • Market Total Value: $7,280
  • Market Land Value: $600
  • Market Improvement Value: $6,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $728
  • Assessed Land Value: $60
  • Assessed Improvements Value: $668

    Sales

  • Current Sale Contract Date: Aug 12, 2003
  • Current Sale Recording Date: Sep 02, 2003
  • Current Sale Transaction ID: 1041818657
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0324229261
  • Previous Sale Recording Date: Oct 12, 1994
  • Previous Sale Contract Date: Aug 10, 1994
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BILTMORE FINANCIAL BANCORP INC
  • First Mortgage Transaction Date: Sep 02, 2003
  • First Mortgage Loan Amount: $116,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2033

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Frequently Asked Questions

What neighborhood is 7429 North Avenue located in?
The 7429 North Avenue is a located in the neighborhood of River Forest in River Forest, River Forest.
What is the average sales price for listings in 7429 North Avenue?
The average sales price for units in 7429 North Avenue is $0 currently.

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