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2903 Ridge Road

2903 Ridge Road, Lansing, IL 60438
Property in Thornton
Sold Jun 22, 2015
$45,000
$60,000 by V I P Mortgage Inc
Mortgage Due Aug 01, 2046
Sold Mar 03, 2015
Transfer
2903 Ridge Road in Lansing, IL was first built in 1908 and is 116 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2903 Ridge Road has 780 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,491 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home 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, 2903 Ridge Road was last sold in Jun 9, 2015 for $45,000. According to our calculations, that's $57.69 per sqft. Current property owners are expected to pay $4,692 in taxes per year. The property on 2903 Ridge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $9,400. To break that down further, the land itself was valued at $4,459. While improvements to the property were assessed at a total of $4,941. 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. 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.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: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,491
  • Total Building Area: 780
  • Gross Building Area: 780
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEWOOD GARDENS
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RIDGEWOOD)(GARDENS) SUB OF WH OF SE EXCEPT NW & G T RR WH SE SEC 31-36-15

Ownership

  • Current Owner : NEW HOME SOLUTIONS LLC
  • Previous Owner : SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Owner Before Previous Owner: SHERIDAN RICHARD E

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828100

Geography

  • District: 37
  • Parcel: 30-31-402-001-0000
  • Block: 2
  • Lot: 5
  • Meridian: SEC 31 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5644
  • Longitude: -87.5463

    Address

  • Full Address: 2903 Ridge Rd
  • Address - House Number: 2903
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lansing
  • Carrier Code: C013
  • 4-Digit Zip Code: 3030
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,692
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 141,890
  • High Value: 174,290
  • Low Value: 109,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 08, 2016
  • First Open Lien Mortgage Loan Amount: $60,000
  • 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: Aug 01, 2046

    Market Valuation

  • Market Total Value: $94,000
  • Market Land Value: $44,590
  • Market Improvement Value: $49,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,400
  • Assessed Land Value: $4,459
  • Assessed Improvements Value: $4,941

    Sales

  • Current Sale Contract Date: Jun 09, 2015
  • Current Sale Recording Date: Jun 22, 2015
  • Current Sale Transaction ID: 1217756356
  • Current Sale Price: $45,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1517315025
  • Previous Sale Recording Date: Mar 03, 2015
  • Previous Sale Contract Date: Mar 24, 2014
  • Previous Sale Document Type: Sheriff's Deed

About Lansing



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Frequently Asked Questions

What neighborhood is 2903 Ridge Road located in?
The 2903 Ridge Road is a located in the neighborhood of Thornton in Lansing, Lansing.
What is the average sales price for listings in 2903 Ridge Road?
The average sales price for units in 2903 Ridge Road is $0 currently.

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