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1182 Somerset Avenue

1182 Somerset Avenue, Deerfield, IL 60015
Sold Oct 28, 2020
$494,500
$420,325 by Neighborhood Loans
Mortgage Due Nov 01, 2050
1182 Somerset Avenue has been categorized by the local assessors in Deerfield, IL as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 4 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, 1182 Somerset Avenue has 2,628 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 8,999 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1182 Somerset Avenue sold most recently in Oct 10, 2020 for a total of $494,500. If you work out the math, that's approximately a cost of $109.67 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,630 in taxes each year. 1182 Somerset Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $192,056. If we break it down further, the land itself was valued at $46,604. Improvements to the property, however, were assessed at a total of $145,452. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,440
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,999
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,509
  • Gross Building Area: 4,509
  • Building Area: 2,628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHADWICK SQUARE OF DEERFIELD
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHADWICK SQUARE OF DEERFIELD; LT14 LOT 14

Ownership

  • Current Owner : NADEL BENJAMIN
  • Current Owner 2: NADEL SAMANTHA
  • Previous Owner : CHAN CHEUK WAH
  • Previous Owner 2: CHAN BETTY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864801

Geography

  • Assessors Map Reference: 2703-D6
  • District: WEST DEERFIE
  • Parcel: 16-29-401-015
  • Lot: 14
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.173
  • Longitude: -87.857

    Address

  • Full Address: 1182 Somerset Ave
  • Address - House Number: 1182
  • Address - Street Name: Somerset
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2944
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,630
  • Tax Rate Code Area: 17004

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 665,270
  • High Value: 778,717
  • Low Value: 551,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,325
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Oct 28, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $420,325
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $576,226
  • Market Land Value: $139,826
  • Market Improvement Value: $436,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,056
  • Assessed Land Value: $46,604
  • Assessed Improvements Value: $145,452

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Transaction ID: 11802105479
  • Current Sale Price: $494,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7709873

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Oct 28, 2020
  • First Mortgage Loan Amount: $420,325
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Chadwick Square of Deerfield



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Frequently Asked Questions

What neighborhood is 1182 Somerset Avenue located in?
The 1182 Somerset Avenue is a located in the neighborhood of Chadwick Square of Deerfield in Chadwick Square of Deerfield, Deerfield.
What is the average sales price for listings in 1182 Somerset Avenue?
The average sales price for units in 1182 Somerset Avenue is $0 currently.

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