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120 Bassford Avenue

120 Bassford Avenue, La Grange, IL 60525
Property in Lyons
Sold Oct 26, 2021
$378,000
$359,100 by Wintrust Mortgage
Mortgage Due Nov 01, 2051
Sold Apr 13, 2021
$255,000
$191,250 by Republic Bank Of Chicago
Mortgage Due Mar 29, 2022
120 Bassford Avenue has been categorized by the local assessors in La Grange, IL as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 120 Bassford Avenue has 1,251 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 6,550 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 frame 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 Sep 30, 2021 for $378,000. That's $302.16 per sqft. Prior to that sales transaction, the property was also sold in Apr 5, 2021 for $255,000. 120 Bassford Avenue was last assessed in 2023. The total value of the property was assessed at $36,000. Specifically, the land the property is located on was valued at $7,205. While improvements on the property were assessed at a total of $28,795. 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 $11,916. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 6,550
  • Total Building Area: 1,251
  • Gross Building Area: 1,251
  • Building Area: 1,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,251
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRACE SUB
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PECK) TERRACE SUB OF PT WH SE SEC 32-39-12 & OF N760. 9FT OF WH NE SEC 05-38-12

Ownership

  • Current Owner : CLARKE CHRISTOPHER
  • Previous Owner : GRANDVIEW CAPITAL LLC
  • Owner Before Previous Owner: BRUNO JODIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819700

Geography

  • District: 21
  • Parcel: 18-05-202-020-0000
  • Block: 3
  • Lot: 10
  • Meridian: SEC 32 TWN 39N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8184
  • Longitude: -87.8861

    Address

  • Full Address: 120 Bassford Ave
  • Address - House Number: 120
  • Address - Street Name: Bassford
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: La Grange
  • Carrier Code: C002
  • 4-Digit Zip Code: 1728
  • Zip Code: 60525

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,916
  • Tax Rate Code Area: 21030

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 513,661
  • High Value: 632,312
  • Low Value: 395,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,100
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $359,100
  • 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, 2051

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $72,050
  • Market Improvement Value: $287,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $7,205
  • Assessed Improvements Value: $28,795

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11861617320
  • Current Sale Price: $378,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2129949131
  • Previous Sale Recording Date: Apr 13, 2021
  • Previous Sale Contract Date: Apr 05, 2021
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $359,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC BANK OF CHICAGO
  • Previous Mortgage Transaction Date: Apr 13, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $191,250
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 29, 2022

About La Grange



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Frequently Asked Questions

What neighborhood is 120 Bassford Avenue located in?
The 120 Bassford Avenue is a located in the neighborhood of Lyons in La Grange, La Grange.
What is the average sales price for listings in 120 Bassford Avenue?
The average sales price for units in 120 Bassford Avenue is $0 currently.

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