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2625 Oak Street

2625 Oak Street, River Grove, IL 60171
House in River Grove
Sold Aug 19, 2019
$245,000
$245,000 by Lendlink Financial Inc
Mortgage Due May 01, 2037
Local assessors in River Grove, IL have categorized 2625 Oak Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 8,625 square feet. The linear feet between the front and back of the lot was measured at 750 ft and the front of the lot was measured at 1,150 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2625 Oak Street has a total of 1,446 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. 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 masonry 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, 2625 Oak Street sold most recently in Jul 23, 2019 for a total of $245,000. If you work out the math, that's approximately a cost of $169.43 per sqft. 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 $6,928 in taxes each year. 2625 Oak Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000. If we break it down further, the land itself was valued at $9,056. Improvements to the property, however, were assessed at a total of $19,944. 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. 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.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,625
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 1,446
  • Gross Building Area: 1,446
  • Building Area: 1,446
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,446
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELDREDS ADD TO RIVER GROVE
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ELDREDS) ADD TO (RIVER)(GROVE) SUB OF LT 4 ASSESSORS DIV OF WH SEC 26-40-12

Ownership

  • Current Owner : APPELHANS RYAN S
  • Previous Owner : MORK BRYAN R
  • Previous Owner 2: MORK ELIZABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: River Grove School District 85-5
  • Census Tract: 811100

Geography

  • District: 20
  • Parcel: 12-26-309-057-0000
  • Lot: 4
  • Meridian: SEC 26 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.928
  • Longitude: -87.8404

    Address

  • Full Address: 2625 Oak St
  • Address - House Number: 2625
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: River Grove
  • Carrier Code: C002
  • 4-Digit Zip Code: 1649
  • Zip Code: 60171

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,928
  • Tax Rate Code Area: 20032

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 334,195
  • High Value: 412,276
  • Low Value: 256,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: LENDLINK FINANCIAL INC
  • First Open Lien Mortgage Recording Date: May 03, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $245,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2037

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $90,560
  • Market Improvement Value: $199,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $9,056
  • Assessed Improvements Value: $19,944

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Aug 19, 2019
  • Current Sale Transaction ID: 11635780333
  • Current Sale Price: $245,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1923108085

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Aug 19, 2019
  • First Mortgage Loan Amount: $237,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

About River Grove



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7012 W Diversey Ave #7012 W Diversey Ave, Chicago, IL, 60707 Listing by Manager

Frequently Asked Questions

What neighborhood is 2625 Oak Street located in?
The 2625 Oak Street is a house located in the neighborhood of River Grove in River Grove, River Grove.
What is the average sales price for listings in 2625 Oak Street?
The average sales price for units in 2625 Oak Street is $0 currently.

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