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2105 176th Place

2105 176th Place, Lansing, IL 60438
Property in Thornton
Sold Feb 16, 2021
$760,000
$5,051,250 by Midland States Bank
Mortgage Due Feb 05, 2028
Local assessors in Lansing, IL have categorized 2105 176th Place as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 8,008 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 2105 176th Place was last sold in Dec 17, 2020 for $760,000. Current property owners are expected to pay $18,353 in taxes per year. The property on 2105 176th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,951. To break that down further, the land itself was valued at $3,403. While improvements to the property were assessed at a total of $31,548. 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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Living Units: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,008
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEWOOD SUB
  • Land Acres: 0.184
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (ROSEWOOD) SUB OF PT WH SE SEC 25-36-14

Ownership

  • Current Owner : SVMD A LLC
  • Previous Owner : REED DAVID A
  • Previous Owner 2: THE DAVI A REED TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828201

Geography

  • District: 37
  • Parcel: 29-25-414-009-0000
  • Lot: 36
  • Meridian: SEC 25 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5745
  • Longitude: -87.5667

    Address

  • Full Address: 2105 176th Pl
  • Address - House Number: 2105
  • Address - Street Name: 176th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lansing
  • Carrier Code: C007
  • 4-Digit Zip Code: 1601
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,353
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 442,703
  • High Value: 555,822
  • Low Value: 329,583

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,051,250
  • First Open Lien Mortgage Lender: MIDLAND STATES BANK
  • First Open Lien Mortgage Recording Date: Aug 01, 2022
  • First Open Lien Mortgage Loan Amount: $5,051,250
  • First Open Lien Mortgage Term: 65
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 05, 2028

    Market Valuation

  • Market Total Value: $349,510
  • Market Land Value: $34,030
  • Market Improvement Value: $315,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,951
  • Assessed Land Value: $3,403
  • Assessed Improvements Value: $31,548

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Transaction ID: 11819363132
  • Current Sale Price: $760,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2104712216

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL SAVINGS BANK
  • First Mortgage Transaction Date: Feb 16, 2021
  • First Mortgage Loan Amount: $624,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2026

    Financing

  • First Mortgage Financing Type: Unknown

About Lansing



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Frequently Asked Questions

What neighborhood is 2105 176th Place located in?
The 2105 176th Place is a located in the neighborhood of Thornton in Lansing, Lansing.
What is the average sales price for listings in 2105 176th Place?
The average sales price for units in 2105 176th Place is $0 currently.

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