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2627 Ridge Road

2627 Ridge Road, Lansing, IL 60438
Property in Thornton
Sold May 17, 2021
$160,000
$155,200 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2051
2627 Ridge Road has been categorized by the local assessors in Lansing, IL as a residential type of property. The building on the property was first built in 1903 and is 121 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 is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2627 Ridge Road has 1,056 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 9,300 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 detached 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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 2627 Ridge Road was last sold in May 3, 2021 for $160,000. According to our calculations, that's $151.52 per sqft. Current property owners are expected to pay $3,696 in taxes per year. The property on 2627 Ridge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,001. To break that down further, the land itself was valued at $3,953. While improvements to the property were assessed at a total of $9,048. 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: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • 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: 9,300
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF PT N OF GRAND TRUNK RR
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF PT N OF GRAND TRUNK RR IN EH SW SEC 31-36-15

Ownership

  • Current Owner : DERRICK CHANTELL S
  • Current Owner 2: PRUITT JOYCE J
  • Previous Owner : THE CHICAGO TRUST COMPANY NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828202

Geography

  • District: 37
  • Parcel: 30-31-304-010-0000
  • Meridian: SEC 31 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5645
  • Longitude: -87.5523

    Address

  • Full Address: 2627 Ridge Rd
  • Address - House Number: 2627
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lansing
  • Carrier Code: C014
  • 4-Digit Zip Code: 2715
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,696
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 185,272
  • High Value: 233,889
  • Low Value: 136,655

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $165,200
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $155,200
  • 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, 2051
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: May 17, 2021
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $130,010
  • Market Land Value: $39,530
  • Market Improvement Value: $90,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,001
  • Assessed Land Value: $3,953
  • Assessed Improvements Value: $9,048

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835285884
  • Current Sale Price: $160,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2113706228

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $155,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lansing



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Frequently Asked Questions

What neighborhood is 2627 Ridge Road located in?
The 2627 Ridge Road is a located in the neighborhood of Thornton in Lansing, Lansing.
What is the average sales price for listings in 2627 Ridge Road?
The average sales price for units in 2627 Ridge Road is $0 currently.

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