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7708 North Ashland Avenue

7708 North Ashland Avenue, Chicago, IL 60626
Property in Rogers Park
Sold Aug 13, 2019
$707,000
$694,194 by The Federal Savings Bank
Mortgage Due Sep 01, 2049
Sold Jun 11, 2008
$685,000
$513,750 by Guaranteed Rate Inc
Mortgage Due May 01, 2038
7708 North Ashland Avenue in Chicago, IL was first built in 1918 and is 106 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 multifamily style. There are a total of 3 floors. There are a total of 27 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 7 full bathrooms. There are 7 partial bathrooms. 7708 North Ashland Avenue has 6,076 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. In total, the area measurement of the land is 3,960 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water 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, 7708 North Ashland Avenue sold most recently in Aug 2, 2019 for a total of $707,000. If you work out the math, that's approximately a cost of $116.36 per sqft. Before that, the property was also sold for $685,000 in Apr 24, 2008. 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 $13,781 in taxes each year. 7708 North Ashland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,000. If we break it down further, the land itself was valued at $8,712. Improvements to the property, however, were assessed at a total of $58,288. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 27
  • Bedroom Count: 12
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,960
  • Total Building Area: 6,076
  • Gross Building Area: 6,076
  • Building Area: 6,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 6,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GUNDERSONS NORTH BIRCHWOOD
  • Land Acres: 0.091
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (GUNDERSONS)(NORTH)(BIRCHWOOD) SUB OF BLKS4-17 OF DAV ID P O LEARYS SUB IN SH NE SEC 30-41-14

Ownership

  • Current Owner : NELSON MAURICE LEON
  • Current Owner 2: WOOTEN MARGARET ELLEN
  • Previous Owner : BROWN THOMAS A
  • Previous Owner 2: BROWN AMY
  • Owner Before Previous Owner: DIEM AMANDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 010100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Mar 06, 2040
  • District: 75
  • Parcel: 11-30-217-018-0000
  • Block: 4-17
  • Lot: 11
  • Meridian: SEC 30 TWN 41N RNG 14E
  • Municipality: ROGERS PARK
  • Latitude: 42.0214
  • Longitude: -87.6711

    Address

  • Full Address: 7708 N Ashland Ave
  • Address - House Number: 7708
  • Street Direction: N
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 6894
  • Zip Code: 60626

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,781
  • Tax Rate Code Area: 75001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 665,955
  • High Value: 766,471
  • Low Value: 565,438

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $734,817
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 13, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $694,194
  • 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: Sep 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Nov 01, 2022
  • Second Open Lien Mortgage Loan Amount: $40,623
  • Second Open Lien Mortgage Term: 344
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $670,000
  • Market Land Value: $87,120
  • Market Improvement Value: $582,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,000
  • Assessed Land Value: $8,712
  • Assessed Improvements Value: $58,288

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 13, 2019
  • Current Sale Transaction ID: 11635191327
  • Current Sale Price: $707,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1922517188
  • Previous Sale Recording Date: Jun 11, 2008
  • Previous Sale Contract Date: Apr 24, 2008
  • Previous Sale Amount: $685,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Aug 13, 2019
  • First Mortgage Loan Amount: $694,194
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jun 11, 2008
  • Previous Mortgage Loan Amount: $513,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2038

About North Side



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Frequently Asked Questions

What neighborhood is 7708 North Ashland Avenue located in?
The 7708 North Ashland Avenue is a located in the neighborhood of Rogers Park in North Side, Chicago.
What is the average sales price for listings in 7708 North Ashland Avenue?
The average sales price for units in 7708 North Ashland Avenue is $0 currently.

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