Check Availability

829 Lathrop Avenue

829 Lathrop Avenue, Forest Park, IL 60130
Multifamily in Proviso
Sold Dec 19, 2019
$403,500
$375,000 by Compass Mortgage Inc
Mortgage Due Oct 01, 2051
829 Lathrop Avenue in Forest Park, IL was first built in 1957 and is 67 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 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 829 Lathrop Avenue has 3,110 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 6,144 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 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 masonry 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 heating system. 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, 829 Lathrop Avenue was last sold in Dec 6, 2019 for $403,500. According to our calculations, that's $129.74 per sqft. Current property owners are expected to pay $10,562 in taxes per year. The property on 829 Lathrop Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,000. To break that down further, the land itself was valued at $4,608. While improvements to the property were assessed at a total of $37,392. 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 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.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,144
  • Total Building Area: 3,110
  • Gross Building Area: 3,110
  • Building Area: 3,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVIED GOWDY S SUBDIVISION
  • Land Acres: 0.141
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : FRATANTION VINCENT J
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816100

Geography

  • District: 31
  • Parcel: 15-13-302-025-0000
  • Meridian: SEC 13 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8711
  • Longitude: -87.8145

    Address

  • Full Address: 829 Lathrop Ave
  • Address - House Number: 829
  • Address - Street Name: Lathrop
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Forest Park
  • Carrier Code: C013
  • 4-Digit Zip Code: 2933
  • Zip Code: 60130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,562
  • Tax Rate Code Area: 31038

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 378,740
  • High Value: 435,905
  • Low Value: 321,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $375,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $46,080
  • Market Improvement Value: $373,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $4,608
  • Assessed Improvements Value: $37,392

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 19, 2019
  • Current Sale Transaction ID: 11710650907
  • Current Sale Price: $403,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1935325006

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: Dec 19, 2019
  • First Mortgage Loan Amount: $369,505
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Forest Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 836 S Maple Avenue, Oak Park, IL, 60304

$1,750 /mo

  • 2 Beds
  • 1 Bath
836 S Maple Avenue #19, Oak Park, IL, 60304 Listing by Jeffrey Emerson
Unit for rent at 109 S Elmwood Avenue, Oak Park, IL, 60302

$1,550 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
109 S Elmwood Avenue #11, Oak Park, IL, 60302 Listing by JoAnn Giurdanella

Frequently Asked Questions

What neighborhood is 829 Lathrop Avenue located in?
The 829 Lathrop Avenue is a multifamily located in the neighborhood of Proviso in Forest Park, Forest Park.
What is the average sales price for listings in 829 Lathrop Avenue?
The average sales price for units in 829 Lathrop Avenue is $0 currently.

Quantcast