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1408 Lincoln Place

1408 Lincoln Place, Highland Park, IL 60035
Property in Moraine
Sold Jan 04, 2021
$350,000
$315,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2050
Sold Oct 24, 2014
Transfer
1408 Lincoln Place in Highland Park, IL was first built in 1928 and is 96 years old. Although, the building on the property was most recently renovated and altered in 1975. 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. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1408 Lincoln Place has 1,952 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 10,001 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a detached garage. The garage is 280 sqft. There is one available parking space. 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 B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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, 1408 Lincoln Place was last sold in Oct 27, 2020 for $350,000. According to our calculations, that's $107.59 per sqft. Current property owners are expected to pay $10,327 in taxes per year. The property on 1408 Lincoln Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $128,321. To break that down further, the land itself was valued at $70,883. While improvements to the property were assessed at a total of $57,438. 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: 1928
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 1,301
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 3,253
  • Gross Building Area: 3,253
  • Building Area: 1,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: G.L.WRENNS ADDN
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: G.L.WRENNS ADDN TO HIGHLAND PARK-N 50FTS 150FT LOTS 6 & LOT 7 BLOCK 4

Ownership

  • Current Owner : MARKUS CAROLYN TERESA
  • Current Owner 2: MARKUS JAMES JOSEPH
  • Previous Owner : RATTS ANDREW
  • Previous Owner 2: RATTS DAWN
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 865700

Geography

  • Assessors Map Reference: 2704-E6
  • District: MORAINE
  • Parcel: 16-26-206-032
  • Block: 4
  • Lot: 6,7
  • Municipality: TWP OF MORAINE
  • Latitude: 42.1779
  • Longitude: -87.7946

    Address

  • Full Address: 1408 Lincoln Pl
  • Address - House Number: 1408
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Highland Park
  • Carrier Code: C052
  • 4-Digit Zip Code: 3603
  • Zip Code: 60035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,327
  • Tax Rate Code Area: 18007

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 491,142
  • High Value: 575,719
  • Low Value: 406,565

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $385,001
  • Market Land Value: $212,670
  • Market Improvement Value: $172,331

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,321
  • Assessed Land Value: $70,883
  • Assessed Improvements Value: $57,438

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Jan 04, 2021
  • Current Sale Transaction ID: 11816501344
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7733641
  • Previous Sale Recording Date: Oct 24, 2014
  • Previous Sale Contract Date: Sep 26, 2014
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 04, 2021
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Highland Park



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Frequently Asked Questions

What neighborhood is 1408 Lincoln Place located in?
The 1408 Lincoln Place is a located in the neighborhood of Moraine in Highland Park, Highland Park.
What is the average sales price for listings in 1408 Lincoln Place?
The average sales price for units in 1408 Lincoln Place is $0 currently.

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