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263 Briar Lane

263 Briar Lane, Highland Park, IL 60035
Property in Soefkers Woods
Sold Mar 03, 2022
$420,000
$336,000 by Chicago Financial Services Inc
Mortgage Due Mar 01, 2052
Sold Jan 30, 2015
$290,000
$275,500 by Prospect Mortgage Llc
Mortgage Due Nov 01, 2044
263 Briar Lane has been categorized by the local assessors in Highland Park, IL as a residential type of property. The building on the property was first built in 1948 and is 76 years old. However, we must point out that the home was most recently renovated and altered in 1952. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. 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, 263 Briar Lane has 2,192 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,290 ft and across the front of the lot is 940 ft. The area measurement of the land has been determined as 12,123 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. The garage measured 440 sqft. 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 B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 263 Briar Lane sold most recently in Feb 4, 2022 for a total of $420,000. If you work out the math, that's approximately a cost of $191.61 per sqft. Before that, the property was also sold for $290,000 in Oct 20, 2014. 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 $8,942 in taxes each year. The initial year of tax delinquency occurred in 2021. 263 Briar Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,440. If we break it down further, the land itself was valued at $43,161. Improvements to the property, however, were assessed at a total of $66,279. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,123
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 940
  • Total Building Area: 2,192
  • Gross Building Area: 2,192
  • Building Area: 2,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MC GINNIS SUB.
  • Land Acres: 0.278
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MC GINNIS SUB. PT SE1/4 SEC. 34 LOT 4

Ownership

  • Current Owner : CORBETT GRANT T
  • Current Owner 2: CORBETT MICHELLE L
  • Previous Owner : OCHOA GOMEZ FRANCISCO J
  • Owner Before Previous Owner: WEISSMAN MICHAEL L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 865802

Geography

  • District: MORAINE
  • Section: 34
  • Parcel: 16-34-406-003
  • Lot: 4
  • Municipality: TWP OF MORAINE
  • Latitude: 42.1574
  • Longitude: -87.8166

    Address

  • Full Address: 263 Briar Ln
  • Address - House Number: 263
  • Address - Street Name: Briar
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Highland Park
  • Carrier Code: C020
  • 4-Digit Zip Code: 4307
  • Zip Code: 60035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,942
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 18007

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 472,018
  • High Value: 552,609
  • Low Value: 391,426

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,000
  • First Open Lien Mortgage Lender: CHICAGO FINANCIAL SERVICES INC
  • First Open Lien Mortgage Recording Date: Mar 03, 2022
  • First Open Lien Mortgage Loan Amount: $336,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $328,353
  • Market Land Value: $129,496
  • Market Improvement Value: $198,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,440
  • Assessed Land Value: $43,161
  • Assessed Improvements Value: $66,279

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Transaction ID: 11880849805
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7880537
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Contract Date: Oct 20, 2014
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHICAGO FINANCIAL SERVICES INC
  • First Mortgage Transaction Date: Mar 03, 2022
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jan 30, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $275,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2044

About Soefkers Woods



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Frequently Asked Questions

What neighborhood is 263 Briar Lane located in?
The 263 Briar Lane is a located in the neighborhood of Soefkers Woods in Soefkers Woods, Highland Park.
What is the average sales price for listings in 263 Briar Lane?
The average sales price for units in 263 Briar Lane is $0 currently.

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