Sold Mar 21, 2017
$210,000
Seller
$206,097
by The Federal Savings Bank
Mortgage Due Apr 01, 2047
Sold Jul 16, 2014
$170,000
Buyer
Seller
$153,000
by Pmac Lending Services Inc
Mortgage Due Jul 01, 2044
Nearby Listings
The property has no active listings. Please see other similar options below.
The property has no active listings. Please see other similar options below.
7035 40th Street in Berwyn, IL was first built in 1969 and is 55 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 bungalow style.
It is a single story home.
There are a total of 5 rooms in the home, of which, 3 are bedrooms.
In terms of bathrooms, there is only one bathroom.
There is a 1 partial bathroom.
7035 40th Street has 1,179 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 3,690 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 central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Mar 20, 2017 for $210,000. That's $178.12 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2014 for $170,000. 7035 40th Street was last assessed in 2022. The total value of the property was assessed at $15,818. Specifically, the land the property is located on was valued at $2,860. While improvements on the property were assessed at a total of $12,958. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,920. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
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 central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Mar 20, 2017 for $210,000. That's $178.12 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2014 for $170,000. 7035 40th Street was last assessed in 2022. The total value of the property was assessed at $15,818. Specifically, the land the property is located on was valued at $2,860. While improvements on the property were assessed at a total of $12,958. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,920. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
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