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8623 New Castle Avenue

8623 New Castle Avenue, Burbank, IL 60459
Property in Burbank
Sold Feb 08, 2012
$122,000
$118,877 by Firstmerit Mortgage Corp
Mortgage Due Feb 01, 2042
Sold Sep 04, 2002
$199,000
$193,030 by Comcor Mtg Corp
Mortgage Due Sep 01, 2032
8623 New Castle Avenue has been categorized by the local assessors in Burbank, IL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8623 New Castle Avenue has 1,892 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,990 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Jan 13, 2012 for $122,000. That's $64.48 per sqft. Prior to that sales transaction, the property was also sold in Aug 30, 2002 for $199,000. 8623 New Castle Avenue was last assessed in 2022. The total value of the property was assessed at $10,366. Specifically, the land the property is located on was valued at $2,195. While improvements on the property were assessed at a total of $8,171. 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 $3,337. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 3,990
  • Total Building Area: 1,892
  • Gross Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: F H BARTLETTS 79TH ST ACRES
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MUNOZ MARIA DELALUZ
  • Current Owner 2: MUNOZ ARNULFO R
  • Previous Owner : CASTELLANO PATRICIA
  • Owner Before Previous Owner: ONIK KAZIMIERZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Burbank School District 111
  • Census Tract: 821001

Geography

  • District: 36
  • Parcel: 19-31-323-007-0000
  • Lot: 287
  • Meridian: SEC 31 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7348
  • Longitude: -87.7903

    Address

  • Full Address: 8623 New Castle Ave
  • Address - House Number: 8623
  • Address - Street Name: New Castle
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Burbank
  • Carrier Code: C039
  • 4-Digit Zip Code: 2329
  • Zip Code: 60459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,337
  • Tax Rate Code Area: 36004

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 76
  • Final Value: 175,716
  • High Value: 207,261
  • Low Value: 144,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,877
  • First Open Lien Mortgage Lender: FIRSTMERIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 08, 2012
  • First Open Lien Mortgage Loan Amount: $118,877
  • 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: Feb 01, 2042

    Market Valuation

  • Market Total Value: $103,660
  • Market Land Value: $21,950
  • Market Improvement Value: $81,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,366
  • Assessed Land Value: $2,195
  • Assessed Improvements Value: $8,171

    Sales

  • Current Sale Contract Date: Jan 13, 2012
  • Current Sale Recording Date: Feb 08, 2012
  • Current Sale Transaction ID: 1079790910
  • Current Sale Price: $122,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1203934005
  • Previous Sale Recording Date: Sep 04, 2002
  • Previous Sale Contract Date: Aug 30, 2002
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTMERIT MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 08, 2012
  • First Mortgage Loan Amount: $118,877
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: COMCOR MTG CORP
  • Previous Mortgage Transaction Date: Sep 04, 2002
  • Previous Mortgage Loan Amount: $193,030
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2032

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Frequently Asked Questions

What neighborhood is 8623 New Castle Avenue located in?
The 8623 New Castle Avenue is a located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 8623 New Castle Avenue?
The average sales price for units in 8623 New Castle Avenue is $0 currently.

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