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11008 Norman Avenue

11008 Norman Avenue, Machesney Park, IL 61115
Property in Harlem
Sold Sep 17, 2020
$3,734
$702,750 by Illinois Bank & Trust
Mortgage Due Sep 15, 2025
Sold Jan 31, 2017
$338,300
Local assessors in Machesney Park, IL have categorized 11008 Norman Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 16,151 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 1,260 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11008 Norman Avenue has a total of 1,168 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 994 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 242 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. The building has a roof that is made of asphalt. Lots of concrete were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 11008 Norman Avenue was last sold in Sep 15, 2020 for $3,734. According to our calculations, that's $3.20 per sqft. Prior to that sales transaction, the property was sold for $338,300 in Jan 26, 2017. Current property owners are expected to pay $2,087 in taxes per year. The property on 11008 Norman Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $27,952. To break that down further, the land itself was valued at $12,785. While improvements to the property were assessed at a total of $15,167. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 994
  • Garage Type: Garage
  • Garage Square Area: 242
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,151
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 1,260
  • Total Building Area: 1,168
  • Gross Building Area: 1,168
  • Building Area: 1,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,168
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HANRAHAN SUB
  • Land Acres: 0.371
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HANRAHAN SUB PT NE1/4 SEC 18-45-2 LOT4

Ownership

  • Current Owner : RENEW ROCKFORD LLC
  • Previous Owner : THORS HAMMER LLC
  • Owner Before Previous Owner: ROCKFORD DEV LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 003805

Geography

  • District: 04
  • Parcel: 08-18-227-011
  • Lot: 4
  • Meridian: SEC 18 TWN 45 RANGE 2
  • Municipality: HARLEM
  • Latitude: 42.3792
  • Longitude: -89.0422

    Address

  • Full Address: 11008 Norman Ave
  • Address - House Number: 11008
  • Address - Street Name: Norman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Machesney Park
  • Carrier Code: C016
  • 4-Digit Zip Code: 1232
  • Zip Code: 61115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,087
  • Tax Rate Code Area: 133

    Appraisal Valuation

  • Standard Deviation: 0.2326
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 149,182
  • High Value: 183,889
  • Low Value: 114,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $702,750
  • First Open Lien Mortgage Lender: ILLINOIS BANK & TRUST
  • First Open Lien Mortgage Recording Date: Sep 17, 2020
  • First Open Lien Mortgage Loan Amount: $702,750
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 15, 2025

    Market Valuation

  • Market Total Value: $83,856
  • Market Land Value: $38,355
  • Market Improvement Value: $45,501

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,952
  • Assessed Land Value: $12,785
  • Assessed Improvements Value: $15,167

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Transaction ID: 11807996827
  • Current Sale Price: $3,734
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 27442
  • Previous Sale Recording Date: Jan 31, 2017
  • Previous Sale Contract Date: Jan 26, 2017
  • Previous Sale Amount: $338,300
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS BANK & TRUST
  • First Mortgage Transaction Date: Sep 17, 2020
  • First Mortgage Loan Amount: $702,750
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 15, 2025
  • Second Mortgage Loan Amount: $702,750

About Machesney Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 11008 Norman Avenue located in?
The 11008 Norman Avenue is a located in the neighborhood of Harlem in Machesney Park, Machesney Park.
What is the average sales price for listings in 11008 Norman Avenue?
The average sales price for units in 11008 Norman Avenue is $0 currently.

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