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250 East Lahon Street

250 East Lahon Street, Park Ridge, IL 60068
House in Park Ridge
Sold Jul 22, 2019
$471,000
$374,440 by The Federal Savings Bank
Mortgage Due Aug 01, 2049
Sold Jul 15, 2015
$445,000
$356,000 by Abbott Laboratories Employees
Mortgage Due Jul 01, 2045
250 East Lahon Street has been categorized by the local assessors in Park Ridge, IL as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 250 East Lahon Street has 1,666 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 11,228 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 attached 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 15, 2019 for $471,000. That's $282.71 per sqft. Prior to that sales transaction, the property was also sold in Jun 17, 2015 for $445,000. 250 East Lahon Street was last assessed in 2023. The total value of the property was assessed at $47,000. Specifically, the land the property is located on was valued at $14,596. While improvements on the property were assessed at a total of $32,404. 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 $12,223. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Aluminum Siding
Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,228
  • Total Building Area: 1,666
  • Gross Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MICHAELJOHN TERRACE UNIT2
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (MICHAELJOHN) TERRACE (UNIT2) SUB PT OF NH NW SEC 25-41-12

Ownership

  • Current Owner : KARAGEORGIS MARIA
  • Previous Owner : HARRINGTON HOWARD J
  • Previous Owner 2: HARRINGTON KELLEY
  • Owner Before Previous Owner: SKAWSKI RAYMOND J
  • Owner Before Previous Owner 2: SKAWSKI REGINA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805502

Geography

  • District: 22
  • Parcel: 09-25-120-053-0000
  • Block: 8
  • Lot: 53
  • Meridian: SEC 25 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0226
  • Longitude: -87.8167

    Address

  • Full Address: 250 E Lahon St
  • Legal Unit: 2
  • Address - House Number: 250
  • Street Direction: E
  • Address - Street Name: Lahon
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C029
  • 4-Digit Zip Code: 2744
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,223
  • Tax Rate Code Area: 22031

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 616,034
  • High Value: 740,781
  • Low Value: 491,288

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $425,377
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jul 22, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $374,440
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049
  • Second Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • Second Open Lien Mortgage Recording Date: Sep 07, 2021
  • Second Open Lien Mortgage Loan Amount: $50,937
  • Second Open Lien Mortgage Term: 334
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $145,960
  • Market Improvement Value: $324,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,000
  • Assessed Land Value: $14,596
  • Assessed Improvements Value: $32,404

    Sales

  • Current Sale Contract Date: Jul 15, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Transaction ID: 11623850351
  • Current Sale Price: $471,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1920349269
  • Previous Sale Recording Date: Jul 15, 2015
  • Previous Sale Contract Date: Jun 17, 2015
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jul 22, 2019
  • First Mortgage Loan Amount: $374,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ABBOTT LABORATORIES EMPLOYEES
  • Previous Mortgage Transaction Date: Jul 15, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $356,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 250 East Lahon Street located in?
The 250 East Lahon Street is a house located in the neighborhood of Park Ridge in Park Ridge, Park Ridge.
What is the average sales price for listings in 250 East Lahon Street?
The average sales price for units in 250 East Lahon Street is $0 currently.

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