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340 East North Avenue

340 East North Avenue, Lake Bluff, IL 60044
Sold Jun 26, 2019
$855,000
$271,200 by Newrez Llc
Mortgage Due Jan 01, 2052
Sold Oct 23, 2015
$1,025,000
$650,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2045
340 East North Avenue has been categorized by the local assessors in Lake Bluff, IL as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 340 East North Avenue has 2,575 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 500 ft and across the front of the lot is 1,310 ft. The area measurement of the land has been determined as 6,399 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 340 East North Avenue sold most recently in May 24, 2019 for a total of $855,000. If you work out the math, that's approximately a cost of $220.08 per sqft. Before that, the property was also sold for $1,025,000 in Oct 8, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $19,823 in taxes each year. 340 East North Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $346,798. If we break it down further, the land itself was valued at $94,110. Improvements to the property, however, were assessed at a total of $252,688. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,310
  • Garage Type: Detached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,399
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 3,885
  • Gross Building Area: 3,885
  • Building Area: 2,575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,575
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF LAKE BLUFF NORTH ADD
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE OF LAKE BLUFF NORTH ADD; LOT 11 BLOCK 39

Ownership

  • Current Owner : MAYER DAVID A
  • Current Owner 2: MAYER SUSAN E
  • Previous Owner : MCBREEN PAUL J
  • Previous Owner 2: MCBREEN CATHERINE S
  • Owner Before Previous Owner: LYNCH COLIN
  • Owner Before Previous Owner 2: LYNCH MARY MARGARET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Bluff Elementary School District 65
  • Census Tract: 863300

Geography

  • District: SHIELDS
  • Parcel: 12-21-108-042
  • Block: 39
  • Lot: 11
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2808
  • Longitude: -87.8376

    Address

  • Full Address: 340 E North Ave
  • Address - House Number: 340
  • Street Direction: E
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Bluff
  • Carrier Code: C006
  • 4-Digit Zip Code: 2138
  • Zip Code: 60044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,823
  • Tax Rate Code Area: 10011

    Appraisal Valuation

  • Standard Deviation: 0.1527
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 1,085,189
  • High Value: 1,250,962
  • Low Value: 919,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,200
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Apr 06, 2022
  • First Open Lien Mortgage Loan Amount: $271,200
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $1,040,498
  • Market Land Value: $282,358
  • Market Improvement Value: $758,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,798
  • Assessed Land Value: $94,110
  • Assessed Improvements Value: $252,688

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Transaction ID: 11619158039
  • Current Sale Price: $855,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7572063
  • Previous Sale Recording Date: Oct 23, 2015
  • Previous Sale Contract Date: Oct 08, 2015
  • Previous Sale Amount: $1,025,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: Jun 26, 2019
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Oct 23, 2015
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Village of Lake Bluff



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Frequently Asked Questions

What neighborhood is 340 East North Avenue located in?
The 340 East North Avenue is a located in the neighborhood of Village of Lake Bluff North in Village of Lake Bluff, Lake Bluff.
What is the average sales price for listings in 340 East North Avenue?
The average sales price for units in 340 East North Avenue is $0 currently.

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