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7746 West Clarence Avenue

7746 West Clarence Avenue, Chicago, IL 60631
Sold Jun 30, 2015
$334,000
$548,250 by First Centennial Mortgage Corp
Mortgage Due Mar 01, 2051
Sold Jan 15, 2013
$187,000
$177,650 by Pnc Mortgage Llc
Mortgage Due Jan 01, 2043
Local assessors in Chicago, IL have categorized 7746 West Clarence Avenue as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 3,952 square feet. The linear feet between the front and back of the lot was measured at 1,030 ft and the front of the lot was measured at 380 ft. 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, 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 3 full bathrooms. There are also 4 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 7746 West Clarence Avenue has a total of 2,185 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 7746 West Clarence Avenue sold most recently in May 25, 2015 for a total of $334,000. If you work out the math, that's approximately a cost of $152.86 per sqft. Before that, the property was also sold for $187,000 in Nov 19, 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 $7,398 in taxes each year. 7746 West Clarence Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,387. If we break it down further, the land itself was valued at $7,904. Improvements to the property, however, were assessed at a total of $31,483. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,952
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 380
  • Total Building Area: 2,185
  • Gross Building Area: 2,185
  • Building Area: 2,185
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,185
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KOLTONS SUB
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ANDREW P (KOLTONS) SUB IN NW SEC 01-40-12

Ownership

  • Current Owner : MCNICHOLAS THOMAS J
  • Previous Owner : CARLSON MICHAEL
  • Previous Owner 2: CARLSON JENNIFER
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 100400

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 12-01-105-077-0000
  • Lot: 4
  • Meridian: SEC 01 TWN 40N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.9943
  • Longitude: -87.8209

    Address

  • Full Address: 7746 W Clarence Ave
  • Address - House Number: 7746
  • Street Direction: W
  • Address - Street Name: Clarence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 1832
  • Zip Code: 60631

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,398
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 533,546
  • High Value: 654,996
  • Low Value: 412,096

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $393,870
  • Market Land Value: $79,040
  • Market Improvement Value: $314,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,387
  • Assessed Land Value: $7,904
  • Assessed Improvements Value: $31,483

    Sales

  • Current Sale Contract Date: May 25, 2015
  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Transaction ID: 1213112694
  • Current Sale Price: $334,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1518110071
  • Previous Sale Recording Date: Jan 15, 2013
  • Previous Sale Contract Date: Nov 19, 2012
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUELEAF LENDING LLC
  • First Mortgage Transaction Date: Jun 30, 2015
  • First Mortgage Loan Amount: $317,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jan 15, 2013
  • Previous Mortgage Loan Amount: $177,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Northwest Side



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Frequently Asked Questions

What neighborhood is 7746 West Clarence Avenue located in?
The 7746 West Clarence Avenue is a located in the neighborhood of Norwood Park West in Northwest Side, Chicago.
What is the average sales price for listings in 7746 West Clarence Avenue?
The average sales price for units in 7746 West Clarence Avenue is $0 currently.

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