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2601 Mulberry Lane

2601 Mulberry Lane, Northbrook, IL 60062
Property in Northfield
Sold Jun 06, 2023
$835,000
$709,750 by Hometrust Mortgage Company
Mortgage Due Jul 01, 2053
Sold Feb 10, 2015
$680,000
$611,932 by Morgan Stanley Private Bank Na
Mortgage Due Mar 01, 2045
Local assessors in Northbrook, IL have categorized 2601 Mulberry Lane as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 12,045 square feet. The linear feet between the front and back of the lot was measured at 1,460 ft and the front of the lot was measured at 820 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 6 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 3 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 2601 Mulberry Lane has a total of 2,912 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached 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. 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, 2601 Mulberry Lane was last sold in May 21, 2023 for $835,000. According to our calculations, that's $286.74 per sqft. Prior to that sales transaction, the property was sold for $680,000 in Jan 29, 2015. Current property owners are expected to pay $14,618 in taxes per year. The property on 2601 Mulberry Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $67,001. To break that down further, the land itself was valued at $18,068. While improvements to the property were assessed at a total of $48,933. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 12,045
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,912
  • Gross Building Area: 2,912
  • Building Area: 2,912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUNSET FIELDS UNIT3
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUNSET) (FIELDS) (UNIT3) SUB IN NW SEC 16-42-12

Ownership

  • Current Owner : NEWMAN JONATHAN TREVOR
  • Current Owner 2: NEWMAN MADELEINE VICTORIA
  • Previous Owner : GLOWACZ KEVIN
  • Previous Owner 2: GLOWACZ ELIZABETH
  • Owner Before Previous Owner: SNS REALTY GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Northbrook/Glenview School District 30
  • Census Tract: 801701

Geography

  • District: 25
  • Parcel: 04-16-113-003-0000
  • Lot: 14
  • Meridian: SEC 16 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.117
  • Longitude: -87.8441

    Address

  • Full Address: 2601 Mulberry Ln
  • Legal Unit: 3
  • Address - House Number: 2601
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C055
  • 4-Digit Zip Code: 5936
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,618
  • Tax Rate Code Area: 25037

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 801,641
  • High Value: 984,158
  • Low Value: 619,123

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $709,750
  • First Open Lien Mortgage Lender: HOMETRUST MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Jun 06, 2023
  • First Open Lien Mortgage Loan Amount: $709,750
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $670,010
  • Market Land Value: $180,680
  • Market Improvement Value: $489,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,001
  • Assessed Land Value: $18,068
  • Assessed Improvements Value: $48,933

    Sales

  • Current Sale Contract Date: May 21, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Transaction ID: 11907525551
  • Current Sale Price: $835,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13405
  • Previous Sale Recording Date: Feb 10, 2015
  • Previous Sale Contract Date: Jan 29, 2015
  • Previous Sale Amount: $680,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST MORTGAGE COMPANY
  • First Mortgage Transaction Date: Jun 06, 2023
  • First Mortgage Loan Amount: $709,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • Previous Mortgage Transaction Date: Feb 10, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $611,932
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2045

About Northbrook



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Frequently Asked Questions

What neighborhood is 2601 Mulberry Lane located in?
The 2601 Mulberry Lane is a located in the neighborhood of Northfield in Northbrook, Northbrook.
What is the average sales price for listings in 2601 Mulberry Lane?
The average sales price for units in 2601 Mulberry Lane is $0 currently.

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