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290 Cornell Avenue

290 Cornell Avenue, Des Plaines, IL 60016
House in Maine
Sold Dec 21, 2022
$490,000
$501,270 by Broker Solutions Inc
Mortgage Due Jan 01, 2053
Sold Apr 22, 2021
$265,000
$322,172 by Finance Of America Commercial
Mortgage Due Nov 01, 2022
Local assessors in Des Plaines, IL have categorized 290 Cornell Avenue 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 10,801 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 are 2 full bathrooms. 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 290 Cornell Avenue has a total of 2,478 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 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, 290 Cornell Avenue was last sold in Dec 13, 2022 for $490,000. According to our calculations, that's $197.74 per sqft. Prior to that sales transaction, the property was sold for $265,000 in Apr 7, 2021. Current property owners are expected to pay $9,087 in taxes per year. The property on 290 Cornell Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,315. To break that down further, the land itself was valued at $9,181. While improvements to the property were assessed at a total of $26,134. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

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: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,801
  • Total Building Area: 2,478
  • Gross Building Area: 2,478
  • Building Area: 2,478
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,478
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE JAY AND BEVERLY BURMAN RESUBDIVISION
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RITZ BRIAN
  • Current Owner 2: DAU NGUYEN BAO
  • Previous Owner : JACK WALTER T
  • Previous Owner 2: JACK MIRABELLE
  • Owner Before Previous Owner: HALL SUSAN M
  • Owner Before Previous Owner 2: HALL RANDALL P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806103

Geography

  • District: 22
  • Parcel: 09-07-302-038-0000
  • Meridian: SEC 07 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0575
  • Longitude: -87.9143

    Address

  • Full Address: 290 Cornell Ave
  • Address - House Number: 290
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C022
  • 4-Digit Zip Code: 2131
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,087
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 536,365
  • High Value: 590,595
  • Low Value: 482,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $501,270
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Dec 21, 2022
  • First Open Lien Mortgage Loan Amount: $501,270
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $353,150
  • Market Land Value: $91,810
  • Market Improvement Value: $261,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,315
  • Assessed Land Value: $9,181
  • Assessed Improvements Value: $26,134

    Sales

  • Current Sale Contract Date: Dec 13, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Transaction ID: 11899940317
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28398
  • Previous Sale Recording Date: Apr 22, 2021
  • Previous Sale Contract Date: Apr 07, 2021
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Dec 21, 2022
  • First Mortgage Loan Amount: $501,270
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Apr 22, 2021
  • Previous Mortgage Loan Amount: $322,172
  • Previous Mortgage Term: 18
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2022

About Des Plaines



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Frequently Asked Questions

What neighborhood is 290 Cornell Avenue located in?
The 290 Cornell Avenue is a house located in the neighborhood of Maine in Des Plaines, Des Plaines.
What is the average sales price for listings in 290 Cornell Avenue?
The average sales price for units in 290 Cornell Avenue is $0 currently.

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