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18242 Highland Avenue

18242 Highland Avenue, Homewood, IL 60430
Property in Thornton
Sold Jul 21, 1998
$118,000
$88,500 by Heritage Community Bank
Mortgage Due Aug 01, 2028
Sold Mar 03, 1994
$60,000
$88,940 by Preferred Mtg Associates Ltd
Mortgage Due Mar 01, 2024
18242 Highland Avenue in Homewood, IL was first built in 1950 and is 74 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 18242 Highland Avenue has 1,040 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 linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 6,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 18242 Highland Avenue was last sold in Jul 17, 1998 for $118,000. According to our calculations, that's $113.46 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Aug 23, 1993. Current property owners are expected to pay $2,737 in taxes per year. The property on 18242 Highland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,000. To break that down further, the land itself was valued at $2,700. While improvements to the property were assessed at a total of $15,300. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLARKS SUB
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CLARKS) SUB OF LOT 4 OF COUNTY CLERKS DIV OF PT WH S E SEC 31-36-14

Ownership

  • Current Owner : JACOBS JAMES T
  • Current Owner 2: JACOBS BARBARA A
  • Previous Owner : HOWLAND LISA M
  • Previous Owner 2: PETERSON LISA M
  • Owner Before Previous Owner: BROSLEY DANIEL W
  • Owner Before Previous Owner 2: BROSLEY JEAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828401

Geography

  • District: 37
  • Parcel: 29-31-415-009-0000
  • Lot: 4
  • Meridian: SEC 31 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.558
  • Longitude: -87.6609

    Address

  • Full Address: 18242 Highland Ave
  • Address - House Number: 18242
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Homewood
  • Carrier Code: C007
  • 4-Digit Zip Code: 2326
  • Zip Code: 60430

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,737
  • Tax Rate Code Area: 37069

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 203,221
  • High Value: 249,624
  • Low Value: 156,817

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $143,500
  • First Open Lien Mortgage Lender: HERITAGE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jul 21, 1998
  • First Open Lien Mortgage Loan Amount: $88,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2028
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 26, 2021
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $55,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $27,000
  • Market Improvement Value: $153,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $15,300

    Sales

  • Current Sale Contract Date: Jul 17, 1998
  • Current Sale Recording Date: Jul 21, 1998
  • Current Sale Transaction ID: 1089565176
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 98631444
  • Previous Sale Recording Date: Mar 03, 1994
  • Previous Sale Contract Date: Aug 23, 1993
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HERITAGE COMMUNITY BANK
  • First Mortgage Transaction Date: Jul 21, 1998
  • First Mortgage Loan Amount: $88,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: PREFERRED MTG ASSOCIATES LTD
  • Previous Mortgage Transaction Date: Mar 03, 1994
  • Previous Mortgage Loan Amount: $88,940
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2024

About Homewood



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Frequently Asked Questions

What neighborhood is 18242 Highland Avenue located in?
The 18242 Highland Avenue is a located in the neighborhood of Thornton in Homewood, Homewood.
What is the average sales price for listings in 18242 Highland Avenue?
The average sales price for units in 18242 Highland Avenue is $0 currently.

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