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334 South Avenue

334 South Avenue, Glencoe, IL 60022
House in New Trier
Sold May 03, 2022
$1,910,000
$1,582,100 by Huntington National Bank
Mortgage Due May 01, 2052
Sold Feb 18, 2004
$1,850,000
$1,000,000 by Harris Trust & Savings Bank
Mortgage Due Mar 01, 2011
334 South Avenue has been categorized by the local assessors in Glencoe, IL as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 334 South Avenue has 4,871 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 1,840 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 18,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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. According to our sources, there are a total of 3 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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. 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, 334 South Avenue sold most recently in Apr 28, 2022 for a total of $1,910,000. If you work out the math, that's approximately a cost of $392.12 per sqft. Before that, the property was also sold for $1,850,000 in Feb 13, 2004. 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 $37,867 in taxes each year. 334 South Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $169,000. If we break it down further, the land itself was valued at $41,400. Improvements to the property, however, were assessed at a total of $127,600. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 18,400
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,871
  • Gross Building Area: 4,871
  • Building Area: 4,871
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,871
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HARTWELLS ADD TO GLENCOE A SUB OF PT
  • Land Acres: 0.422
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HARTWELLS) ADD TO (GLENC BLK 1 LOT 5

Ownership

  • Current Owner : BANOVIC ALEKSANDAR
  • Current Owner 2: BANOVIC JENNIFER L
  • Previous Owner : WEBER BRYAN M
  • Previous Owner 2: WEBER KATHY K
  • Owner Before Previous Owner: BIRCHWOOD BUILDERS LLC

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800200

Geography

  • District: 23
  • Parcel: 05-07-402-003-0000
  • Block: 1
  • Lot: 5,4
  • Meridian: SEC 07 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.13
  • Longitude: -87.7553

    Address

  • Full Address: 334 South Ave
  • Address - House Number: 334
  • Address - Street Name: South
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C012
  • 4-Digit Zip Code: 1605
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,867
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 1,892,350
  • High Value: 2,276,661
  • Low Value: 1,508,039

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,582,100
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 03, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,582,100
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $1,690,000
  • Market Land Value: $414,000
  • Market Improvement Value: $1,276,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,000
  • Assessed Land Value: $41,400
  • Assessed Improvements Value: $127,600

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Transaction ID: 11905427649
  • Current Sale Price: $1,910,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4169
  • Previous Sale Recording Date: Feb 18, 2004
  • Previous Sale Contract Date: Feb 13, 2004
  • Previous Sale Amount: $1,850,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: May 03, 2022
  • First Mortgage Loan Amount: $1,582,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HARRIS TRUST & SAVINGS BANK
  • Previous Mortgage Transaction Date: Feb 18, 2004
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Mar 01, 2011

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Frequently Asked Questions

What neighborhood is 334 South Avenue located in?
The 334 South Avenue is a house located in the neighborhood of New Trier in Glencoe, Glencoe.
What is the average sales price for listings in 334 South Avenue?
The average sales price for units in 334 South Avenue is $0 currently.

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