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1505 North Riverside Drive

1505 North Riverside Drive, Mchenry, IL 60050
Property in McHenry
Sold Jun 11, 2015
$154,250
$508,883 by Citibank Na
Mortgage
Sold Feb 06, 2012
$99,000
$113,211 by Fifth Third Mortgage Co
Mortgage Due Feb 01, 2042
1505 North Riverside Drive in Mchenry, IL was first built in 1910 and is 114 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 a-frame style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 1505 North Riverside Drive has 1,292 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. The basement is 646 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 660 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 352 sqft. There are a total of 2 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. 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 gas heating system and being fueled with gas. The property was last sold in May 15, 2015 for $154,250. That's $79.59 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2012 for $99,000. 1505 North Riverside Drive was last assessed in 2022. The total value of the property was assessed at $65,502. Specifically, the land the property is located on was valued at $10,231. While improvements on the property were assessed at a total of $55,271. 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 $6,222. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: A-frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 646
  • Garage Type: Garage
  • Garage Square Area: 352
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,938
  • Building Area: 1,292
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,292
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORIG PLAT MCHENRY
  • Land Acres: 0.201
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2016R0004516 LT 8 BLK 8 ORIG PLAT MCHENRY (WEST SIDE FOX RIVER)

Ownership

  • Current Owner : HP ILLINOIS I LLC
  • Previous Owner : CONNOR JOHN E
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870604

Geography

  • Parcel: 09-26-429-010
  • Block: 8
  • Lot: 8
  • Municipality: MCHENRY TWP
  • Latitude: 42.3476
  • Longitude: -88.2613

    Address

  • Full Address: 1505 N Riverside Dr
  • Address - House Number: 1505
  • Street Direction: N
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: C009
  • 4-Digit Zip Code: 4513
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,222
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 266,370
  • High Value: 306,597
  • Low Value: 226,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,883
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Feb 10, 2016
  • First Open Lien Mortgage Loan Amount: $508,883
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $196,506
  • Market Land Value: $30,693
  • Market Improvement Value: $165,813

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,502
  • Assessed Land Value: $10,231
  • Assessed Improvements Value: $55,271

    Sales

  • Current Sale Contract Date: May 15, 2015
  • Current Sale Recording Date: Jun 11, 2015
  • Current Sale Transaction ID: 1221342596
  • Current Sale Price: $154,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015R0020756
  • Previous Sale Recording Date: Feb 06, 2012
  • Previous Sale Contract Date: Jan 30, 2012
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Feb 06, 2012
  • Previous Mortgage Loan Amount: $113,211
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2042

About McHenry



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Frequently Asked Questions

What neighborhood is 1505 North Riverside Drive located in?
The 1505 North Riverside Drive is a located in the neighborhood of McHenry in McHenry, Mchenry.
What is the average sales price for listings in 1505 North Riverside Drive?
The average sales price for units in 1505 North Riverside Drive is $0 currently.

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