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2870 Sheridan Place

2870 Sheridan Place, Evanston, IL 60201
Property in Evanston
Refi Jan 27, 2021
Transfer
Owner
$1,259,860 by Citibank Na
Mortgage Due Sep 01, 2050
Local assessors in Evanston, IL have categorized 2870 Sheridan Place as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 21,665 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 10 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 3 full bathrooms. There are also 4 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 2870 Sheridan Place has a total of 5,362 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. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 2870 Sheridan Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $225,570. If we break it down further, the land itself was valued at $64,995. Improvements to the property, however, were assessed at a total of $160,575. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1923
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 10
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,665
  • Total Building Area: 5,362
  • Gross Building Area: 5,362
  • Building Area: 5,362
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,362
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE SHORE ADDITION
  • Land Acres: 0.497
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Evanston Community Consolidated School District 65
  • Census Tract: 808800

Geography

  • Parcel: 05-35-401-030-0000
  • Municipality: EVANSTON
  • Latitude: 42.0697
  • Longitude: -87.6814

    Address

  • Full Address: 2870 Sheridan Pl
  • Address - House Number: 2870
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Evanston
  • Carrier Code: C045
  • 4-Digit Zip Code: 1726
  • Zip Code: 60201

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,259,860
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,259,860
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $2,255,700
  • Market Land Value: $649,950
  • Market Improvement Value: $1,605,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,570
  • Assessed Land Value: $64,995
  • Assessed Improvements Value: $160,575

About Evanston



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Frequently Asked Questions

What neighborhood is 2870 Sheridan Place located in?
The 2870 Sheridan Place is a located in the neighborhood of Evanston in Evanston, Evanston.
What is the average sales price for listings in 2870 Sheridan Place?
The average sales price for units in 2870 Sheridan Place is $0 currently.

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