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320 Garfield Avenue

320 Garfield Avenue, Libertyville, IL 60048
Sold Jun 18, 2013
$302,000
$137,000 by Bridgeview Bank Mortgage Llc
Mortgage Due Jun 01, 2043
Sold May 10, 2007
$275,000
$27,500 by Morgan Stanley Credit Corp
Mortgage
320 Garfield Avenue in Libertyville, IL was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1973. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 320 Garfield Avenue has 1,290 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. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,020. In total, the area measurement of the land is 8,002 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 320 Garfield Avenue was last sold in May 24, 2013 for $302,000. According to our calculations, that's $234.11 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Apr 10, 2007. Current property owners are expected to pay $5,260 in taxes per year. The property on 320 Garfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $106,804. To break that down further, the land itself was valued at $70,412. While improvements to the property were assessed at a total of $36,392. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • 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: 8,002
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,290
  • Gross Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TALMAN & THIELES LINCOLNSHIRE SUB
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TALMAN & THIELES LINCOLNSHIRE SUB N 80FT LOTS 9 & 10 BLOCK B

Ownership

  • Current Owner : BENASSI NILDO
  • Current Owner 2: BENASSI DIVINA
  • Previous Owner : GATTO STEVEN
  • Previous Owner 2: GATTO LISA D
  • Owner Before Previous Owner: FEE RICHARD T
  • Owner Before Previous Owner 2: FEE YVONNE D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Libertyville School District 70
  • Census Tract: 863903

Geography

  • District: LIBERTYVILLE
  • Parcel: 11-21-114-019
  • Block: B
  • Lot: 9,10
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2807
  • Longitude: -87.9605

    Address

  • Full Address: 320 Garfield Ave
  • Address - House Number: 320
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Libertyville
  • Carrier Code: C005
  • 4-Digit Zip Code: 2758
  • Zip Code: 60048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,260
  • Tax Rate Code Area: 11038

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 427,537
  • High Value: 500,955
  • Low Value: 354,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,000
  • First Open Lien Mortgage Lender: BRIDGEVIEW BANK MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 18, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $137,000
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $320,444
  • Market Land Value: $211,257
  • Market Improvement Value: $109,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,804
  • Assessed Land Value: $70,412
  • Assessed Improvements Value: $36,392

    Sales

  • Current Sale Contract Date: May 24, 2013
  • Current Sale Recording Date: Jun 18, 2013
  • Current Sale Transaction ID: 11459543264
  • Current Sale Price: $302,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7004194
  • Previous Sale Recording Date: May 10, 2007
  • Previous Sale Contract Date: Apr 10, 2007
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRIDGEVIEW BANK MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 18, 2013
  • First Mortgage Loan Amount: $137,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2043

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MORGAN STANLEY CREDIT CORP
  • Previous Mortgage Transaction Date: May 10, 2007
  • Previous Mortgage Loan Amount: $27,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lincoln Shire North



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,650 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,429 ft²
Listing by The Vinnie Lin Homes Team

Frequently Asked Questions

What neighborhood is 320 Garfield Avenue located in?
The 320 Garfield Avenue is a located in the neighborhood of Lincoln Shire North in Lincoln Shire North, Libertyville.
What is the average sales price for listings in 320 Garfield Avenue?
The average sales price for units in 320 Garfield Avenue is $0 currently.

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