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1050 Wade Street

1050 Wade Street, Highland Park, IL 60035
Property in South Highland
Sold Dec 05, 2012
$2,087,500
$1,000,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2042
Sold Nov 19, 2010
$2,046,000
1050 Wade Street in Highland Park, IL was first built in 2009 and is 15 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 conventional style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 10 partial bathrooms. 1050 Wade Street has 8,254 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 41,282 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of slate. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. The garage is 739 sqft. There are a total of 3 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of rock and stone. 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 forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1050 Wade Street was last sold in Nov 20, 2012 for $2,087,500. According to our calculations, that's $161.73 per sqft. Prior to that sales transaction, the property was sold for $2,046,000 in Oct 19, 2010. Current property owners are expected to pay $71,211 in taxes per year. The property on 1050 Wade Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $839,591. To break that down further, the land itself was valued at $173,176. While improvements to the property were assessed at a total of $666,415. 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: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 7
  • Bathroom Count: 10
  • Full Bathrooms: 8
  • Partial Bathrooms: 10
  • Bathroom Plumbing Fixtures: 37
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 3,914
  • Garage Type: Attached
  • Garage Square Area: 739
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 41,282
  • Total Building Area: 12,907
  • Gross Building Area: 12,907
  • Building Area: 8,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 8,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GERALD C ZWETZS SUBDIVISION
  • Land Acres: 0.948
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GERALD C ZWETZS SUBDIVISION; LOT 1

Ownership

  • Current Owner : SPERLING TIMOTHY
  • Previous Owner : SCHERSTON REAL ESTATE INVESTMENTS LLC
  • Owner Before Previous Owner: TORRES PASQUALE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 865600

Geography

  • District: MORAINE
  • Parcel: 16-25-308-050
  • Lot: 1
  • Municipality: TWP OF MORAINE
  • Latitude: 42.1713
  • Longitude: -87.7848

    Address

  • Full Address: 1050 Wade St
  • Address - House Number: 1050
  • Address - Street Name: Wade
  • Address - Suffix Type: St
  • State: IL
  • City Name: Highland Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 4154
  • Zip Code: 60035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $71,211
  • Tax Rate Code Area: 18007

    Appraisal Valuation

  • Standard Deviation: 0.4584
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 1,740,464
  • High Value: 2,538,437
  • Low Value: 942,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 05, 2012
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2042

    Market Valuation

  • Market Total Value: $2,519,025
  • Market Land Value: $519,580
  • Market Improvement Value: $1,999,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $839,591
  • Assessed Land Value: $173,176
  • Assessed Improvements Value: $666,415

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2012
  • Current Sale Recording Date: Dec 05, 2012
  • Current Sale Transaction ID: 11459584099
  • Current Sale Price: $2,087,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 6930216
  • Previous Sale Recording Date: Nov 19, 2010
  • Previous Sale Contract Date: Oct 19, 2010
  • Previous Sale Amount: $2,046,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 05, 2012
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2042

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South Highland



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Frequently Asked Questions

What neighborhood is 1050 Wade Street located in?
The 1050 Wade Street is a located in the neighborhood of South Highland in South Highland, Highland Park.
What is the average sales price for listings in 1050 Wade Street?
The average sales price for units in 1050 Wade Street is $0 currently.

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