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3501 West 63rd Place

3501 West 63rd Place, Chicago, IL 60629
Property in Marquette Park
Sold Jul 06, 2017
$195,000
$237,688 by Draper And Kramer Mortgage Cor
Mortgage Due May 01, 2052
Sold Jun 16, 2016
$82,500
3501 West 63rd Place in Chicago, IL was first built in 1947 and is 77 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 unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3501 West 63rd Place has 1,569 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 4,099 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, 3501 West 63rd Place was last sold in Jun 28, 2017 for $195,000. According to our calculations, that's $124.28 per sqft. Prior to that sales transaction, the property was sold for $82,500 in May 6, 2016. Current property owners are expected to pay $3,016 in taxes per year. The property on 3501 West 63rd Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,000. To break that down further, the land itself was valued at $3,484. While improvements to the property were assessed at a total of $14,516. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 4,099
  • Total Building Area: 1,569
  • Gross Building Area: 1,569
  • Building Area: 1,569
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,569
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EBERHARTS SUB
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHARLES (SEES) RESUB OF LTS47-92 INCL IN SH OF BLK4 I N JOHN F EBERHARTS SUB OF NE SEC 23-38-13

Ownership

  • Current Owner : VEGA OMAR
  • Previous Owner : DG DEVELOPMENT LLC
  • Owner Before Previous Owner: COSSYLEON GUILLERMO
  • Owner Before Previous Owner 2: FIFTH THIRD MORTGAGE CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 660500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-23-204-039-0000
  • Block: 4,I
  • Lot: 47-92
  • Meridian: SEC 23 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7777
  • Longitude: -87.7106

    Address

  • Full Address: 3501 W 63rd Pl
  • Address - House Number: 3501
  • Street Direction: W
  • Address - Street Name: 63rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C048
  • 4-Digit Zip Code: 3725
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,016
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2489
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 64
  • Final Value: 295,998
  • High Value: 369,690
  • Low Value: 222,307

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,688
  • First Open Lien Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $237,688
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $34,840
  • Market Improvement Value: $145,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,484
  • Assessed Improvements Value: $14,516

    Sales

  • Current Sale Contract Date: Jun 28, 2017
  • Current Sale Recording Date: Jul 06, 2017
  • Current Sale Transaction ID: 1590045805
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1718708112
  • Previous Sale Recording Date: Jun 16, 2016
  • Previous Sale Contract Date: May 06, 2016
  • Previous Sale Amount: $82,500
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 06, 2017
  • First Mortgage Loan Amount: $188,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 3501 West 63rd Place located in?
The 3501 West 63rd Place is a located in the neighborhood of Marquette Park in South Side, Chicago.
What is the average sales price for listings in 3501 West 63rd Place?
The average sales price for units in 3501 West 63rd Place is $0 currently.

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