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241 Fairview Road

241 Fairview Road, Glencoe, IL 60022
Property in New Trier
Sold Jun 28, 2019
$2,100,000
$1,500,000 by Morgan Stanley Private Bank Na
Mortgage Due Jul 01, 2049
Sold Mar 21, 2016
$587,500
241 Fairview Road in Glencoe, IL was first built in 2016 and is 8 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 unknown style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 241 Fairview Road has 3,953 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 250 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 13,612 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a attached 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 masonry 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 masonry. 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 heating system. 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. The property was last sold in May 17, 2019 for $2,100,000. That's $531.24 per sqft. Prior to that sales transaction, the property was also sold in Mar 10, 2016 for $587,500. 241 Fairview Road was last assessed in 2023. The total value of the property was assessed at $242,000. Specifically, the land the property is located on was valued at $29,946. While improvements on the property were assessed at a total of $212,054. 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 $54,561. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,612
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,953
  • Gross Building Area: 3,953
  • Building Area: 3,953
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,953
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AUGUST WEILDINGS
  • Land Acres: 0.313
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ACKERMAN MELISSA M
  • Current Owner 2: MELISSA M ACKERMAN REVOCABLE TRUST
  • Previous Owner : RED3 DEVELOPMENT LLC 241 FAIRVIEW SERIES
  • Owner Before Previous Owner: ICH CHG LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800100

Geography

  • District: 23
  • Parcel: 05-08-305-010-0000
  • Lot: 5
  • Meridian: SEC 08 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1281
  • Longitude: -87.7496

    Address

  • Full Address: 241 Fairview Rd
  • Address - House Number: 241
  • Address - Street Name: Fairview
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C003
  • 4-Digit Zip Code: 1903
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $54,561
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 2,448,349
  • High Value: 2,947,538
  • Low Value: 1,949,160

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 28, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $2,420,000
  • Market Land Value: $299,460
  • Market Improvement Value: $2,120,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,000
  • Assessed Land Value: $29,946
  • Assessed Improvements Value: $212,054

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11618595719
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1917933191
  • Previous Sale Recording Date: Mar 21, 2016
  • Previous Sale Contract Date: Mar 10, 2016
  • Previous Sale Amount: $587,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Glencoe



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Frequently Asked Questions

What neighborhood is 241 Fairview Road located in?
The 241 Fairview Road is a located in the neighborhood of New Trier in Glencoe, Glencoe.
What is the average sales price for listings in 241 Fairview Road?
The average sales price for units in 241 Fairview Road is $0 currently.

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