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7035 40th Street

7035 40th Street, Berwyn, IL 60402
Property in Stickney
Sold Mar 21, 2017
$210,000
$206,097 by The Federal Savings Bank
Mortgage Due Apr 01, 2047
Sold Jul 16, 2014
$170,000
$153,000 by Pmac Lending Services Inc
Mortgage Due Jul 01, 2044
Nearby Listings
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Unit for sale at 3723 Euclid Avenue, Berwyn, IL 60402

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Unit for sale at 3521 Home Avenue, Berwyn, IL 60402

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3521 Home Avenue, Berwyn, IL 60402 Listing by Anissa Carrillo

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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,690
  • Total Building Area: 1,179
  • Gross Building Area: 1,179
  • Building Area: 1,179
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,179
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW BOHEMIA HOME ADD
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARTINEZ JOSE L
  • Current Owner 2: MARTINEZ LORENA
  • Previous Owner : VITERI MARIA L
  • Owner Before Previous Owner: UTHE ALLEN E
  • Owner Before Previous Owner 2: UTHE MARION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lyons School District 103
  • Census Tract: 820700

Geography

  • District: 36
  • Parcel: 19-06-105-006-0000
  • Block: 1
  • Lot: 15
  • Meridian: SEC 06 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.8192
  • Longitude: -87.7992

    Address

  • Full Address: 7035 40th St
  • Address - House Number: 7035
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C041
  • 4-Digit Zip Code: 4122
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,920
  • Tax Rate Code Area: 36013

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 287,000
  • High Value: 358,294
  • Low Value: 215,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,097
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Mar 21, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $206,097
  • 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: Apr 01, 2047

    Market Valuation

  • Market Total Value: $158,180
  • Market Land Value: $28,600
  • Market Improvement Value: $129,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,818
  • Assessed Land Value: $2,860
  • Assessed Improvements Value: $12,958

    Sales

  • Current Sale Contract Date: Mar 20, 2017
  • Current Sale Recording Date: Mar 21, 2017
  • Current Sale Transaction ID: 1807409245
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1708006120
  • Previous Sale Recording Date: Jul 16, 2014
  • Previous Sale Contract Date: Jun 20, 2014
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Mar 21, 2017
  • First Mortgage Loan Amount: $206,097
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Jul 16, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $153,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Stickney



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Nearby Rentals

Unit for rent at 6733 31st Street, Berwyn, IL, 60402

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  • 1 Bath
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6733 31st Street #1, Berwyn, IL, 60402 Listing by Paul Baker
Unit for rent at 3242 Oak Park Avenue, Berwyn, IL, 60402

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Frequently Asked Questions

What neighborhood is 7035 40th Street located in?
The 7035 40th Street is a located in the neighborhood of Stickney in Stickney, Berwyn.
What is the average sales price for listings in 7035 40th Street?
The average sales price for units in 7035 40th Street is $0 currently.

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