3425 Ridge Road

Local assessors in Lansing, IL have categorized 3425 Ridge Road as a commercial type of property. The home was built in 1935 and is 89 years old. The property's lot size has been calculated to be 4,302 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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 3425 Ridge Road has a total of 1,152 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. 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, 3425 Ridge Road was last sold in Nov 13, 2023 for $150,000. According to our calculations, that's $130.21 per sqft. Prior to that sales transaction, the property was sold for $43,500 in Apr 5, 2019. Current property owners are expected to pay $4,684 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 3425 Ridge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,452. To break that down further, the land itself was valued at $1,291. While improvements to the property were assessed at a total of $7,161. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!