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2501 Spruce Street

2501 Spruce Street, River Grove, IL 60171
Property in River Grove
Sold Jun 02, 2022
$400,000
$352,000 by Neighborhood Loans Inc
Mortgage Due Jun 01, 2052
Sold Oct 06, 2008
$305,000
$293,371 by Countrywide Bank Fsb
Mortgage Due Oct 01, 2038
Local assessors in River Grove, IL have categorized 2501 Spruce Street as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 6,250 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 2501 Spruce Street has a total of 2,924 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 detached garage for those who need a place to park their vehicle. 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2501 Spruce Street sold most recently in May 24, 2022 for a total of $400,000. If you work out the math, that's approximately a cost of $136.80 per sqft. Before that, the property was also sold for $305,000 in Sep 23, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,851 in taxes each year. 2501 Spruce Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,001. If we break it down further, the land itself was valued at $6,563. Improvements to the property, however, were assessed at a total of $30,438. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 2,924
  • Gross Building Area: 2,924
  • Building Area: 2,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RHODES & CLARKES
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RHODES) & (CLARKES) SUB IN SEC27 & SEC 26-40-12

Ownership

  • Current Owner : FIERRO OLGA
  • Current Owner 2: FIERRO JORGE
  • Previous Owner : URASINSKI DAMIAN
  • Previous Owner 2: URASINSKI MARIA
  • Owner Before Previous Owner: FRANA THERESA L
  • Owner Before Previous Owner 2: HOWARD KRISTIN
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Rhodes School District 84-5
  • Census Tract: 811200

Geography

  • District: 20
  • Parcel: 12-27-417-008-0000
  • Block: 8
  • Lot: 9
  • Meridian: SEC 26 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9247
  • Longitude: -87.8487

    Address

  • Full Address: 2501 Spruce St
  • Address - House Number: 2501
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: IL
  • City Name: River Grove
  • Carrier Code: C003
  • 4-Digit Zip Code: 1621
  • Zip Code: 60171

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,851
  • Tax Rate Code Area: 20033

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 413,567
  • High Value: 455,382
  • Low Value: 371,752

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,000
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $352,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $370,010
  • Market Land Value: $65,630
  • Market Improvement Value: $304,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,001
  • Assessed Land Value: $6,563
  • Assessed Improvements Value: $30,438

    Sales

  • Current Sale Contract Date: May 24, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11905421565
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4042
  • Previous Sale Recording Date: Oct 06, 2008
  • Previous Sale Contract Date: Sep 23, 2008
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Oct 06, 2008
  • Previous Mortgage Loan Amount: $293,371
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About River Grove



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Frequently Asked Questions

What neighborhood is 2501 Spruce Street located in?
The 2501 Spruce Street is a located in the neighborhood of River Grove in River Grove, River Grove.
What is the average sales price for listings in 2501 Spruce Street?
The average sales price for units in 2501 Spruce Street is $0 currently.

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