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24877 North Cherokee Drive

24877 North Cherokee Drive, Barrington, IL 60010
Sold Sep 29, 2021
$431,000
$387,900 by The Federal Savings Bank
Mortgage Due Sep 01, 2051
Local assessors in Barrington, IL have categorized 24877 North Cherokee Drive as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 34,996 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24877 North Cherokee Drive has a total of 3,166 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 24877 North Cherokee Drive was last sold in Aug 23, 2021 for $431,000. According to our calculations, that's $83.58 per sqft. Current property owners are expected to pay $11,944 in taxes per year. The property on 24877 North Cherokee Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,937. To break that down further, the land itself was valued at $29,278. While improvements to the property were assessed at a total of $133,659. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,439
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 34,996
  • Total Building Area: 5,157
  • Gross Building Area: 5,157
  • Building Area: 3,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,166
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARRINGTON COUNTRY SQUIRE ESTS
  • Land Acres: 0.803
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BARRINGTON COUNTRY SQUIRE ESTS;LOT 19(EX COM NECOR,WLY83.64 FOR POB,CONT WLY60,SE24.96,SE27,NE20.4TO POB)& PT LT20 D AFS,BEG SECOR,WLY83.64,NE71.56,SLY21.21TO POB

Ownership

  • Current Owner : GRAVES BRIAN
  • Current Owner 2: BIANCO URSZULA
  • Previous Owner : PARKWAY BANK AND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 864305

Geography

  • Assessors Map Reference: 2643-E6
  • District: CUBA
  • Parcel: 13-12-101-031
  • Lot: 19
  • Municipality: TWP OF CUBA
  • Latitude: 42.2248
  • Longitude: -88.1387

    Address

  • Full Address: 24877 N Cherokee Dr
  • Address - House Number: 24877
  • Street Direction: N
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Barrington
  • Carrier Code: C030
  • 4-Digit Zip Code: 1339
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,944
  • Tax Rate Code Area: 14030

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 594,699
  • High Value: 686,629
  • Low Value: 502,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,900
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $387,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $488,860
  • Market Land Value: $87,843
  • Market Improvement Value: $401,017

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,937
  • Assessed Land Value: $29,278
  • Assessed Improvements Value: $133,659

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11861217116
  • Current Sale Price: $431,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7830382

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $387,900
  • 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

About Barrington Country Squire Estates



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Frequently Asked Questions

What neighborhood is 24877 North Cherokee Drive located in?
The 24877 North Cherokee Drive is a located in the neighborhood of Barrington Country Squire Estates in Barrington Country Squire Estates, Barrington.
What is the average sales price for listings in 24877 North Cherokee Drive?
The average sales price for units in 24877 North Cherokee Drive is $0 currently.

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