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218 Lathrop Avenue

218 Lathrop Avenue, River Forest, IL 60305
Property in River Forest
Sold Aug 31, 2021
$385,000
Sold Apr 25, 2000
Transfer
$135,000 by Dba Court Square Funding Group
Mortgage Due May 01, 2030
218 Lathrop Avenue has been categorized by the local assessors in River Forest, IL as a residential type of property. The building on the property was first built in 1922 and is 102 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 218 Lathrop Avenue has 998 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 6,878 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 masonry 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. 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, 218 Lathrop Avenue was last sold in Aug 19, 2021 for $385,000. According to our calculations, that's $385.77 per sqft. Current property owners are expected to pay $11,590 in taxes per year. The property on 218 Lathrop Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $39,000. To break that down further, the land itself was valued at $7,394. While improvements to the property were assessed at a total of $31,606. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • 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: 6,878
  • Total Building Area: 998
  • Gross Building Area: 998
  • Building Area: 998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 998
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIELDS SUB
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF BLKS 3 & 6 & N450FT OF BLK7 IN HEN RY FIELDS SUB OF EH OF SW OF SEC 12 EH SW SEC 12-39-12

Ownership

  • Current Owner : BENNETT TYLER
  • Previous Owner : CASEY JENNIFER E
  • Owner Before Previous Owner: CASEY JOSEPH B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: River Forest School District 90
  • Census Tract: 812000

Geography

  • District: 33
  • Parcel: 15-12-310-018-0000
  • Block: 3,6,7
  • Lot: 8
  • Meridian: SEC 12 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8839
  • Longitude: -87.8149

    Address

  • Full Address: 218 Lathrop Ave
  • Address - House Number: 218
  • Address - Street Name: Lathrop
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C013
  • 4-Digit Zip Code: 2121
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,590
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 461,669
  • High Value: 568,395
  • Low Value: 354,943

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $73,940
  • Market Improvement Value: $316,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $7,394
  • Assessed Improvements Value: $31,606

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Transaction ID: 11854046209
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2124346638
  • Previous Sale Recording Date: Apr 25, 2000
  • Previous Sale Contract Date: Apr 07, 2000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Aug 31, 2021
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DBA COURT SQUARE FUNDING GROUP
  • Previous Mortgage Transaction Date: Apr 25, 2000
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2030

About River Forest



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Frequently Asked Questions

What neighborhood is 218 Lathrop Avenue located in?
The 218 Lathrop Avenue is a located in the neighborhood of River Forest in River Forest, River Forest.
What is the average sales price for listings in 218 Lathrop Avenue?
The average sales price for units in 218 Lathrop Avenue is $0 currently.

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