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3448 Salem Walk

3448 Salem Walk, Northbrook, IL 60062
Property in Northfield
Sold Sep 03, 2002
$679,000
$472,500 by Fidelity Fsb
Mortgage Due Sep 01, 2032
Sold Dec 04, 1998
$420,000
$315,000 by Lasalle Bank National Assn
Mortgage
3448 Salem Walk has been categorized by the local assessors in Northbrook, IL as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 27 rooms. 9 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 3 stories. In addition, 3448 Salem Walk has 6,393 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 3448 Salem Walk was last sold in Aug 28, 2002 for $679,000. According to our calculations, that's $106.21 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Nov 30, 1998. Current property owners are expected to pay $16,258 in taxes per year. The property on 3448 Salem Walk was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $76,000. To break that down further, the land itself was valued at $3,604. While improvements to the property were assessed at a total of $72,396. 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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 27
  • Bedroom Count: 9
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 6
  • Business/Commerical Units Count: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,276
  • Total Building Area: 6,393
  • Gross Building Area: 6,393
  • Building Area: 6,393
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,393
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTY CLERKS DIV OF SEC 30-42-12
  • Land Acres: 0.075
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (COUNTY)(CLERKS) DIV OF SEC 30-42-12

Ownership

  • Current Owner : LEE KIL N
  • Current Owner 2: LEE DUK HWAN
  • Previous Owner : CHO WON
  • Previous Owner 2: CHO LINDA
  • Owner Before Previous Owner: BARRON ANTHONY R
  • Owner Before Previous Owner 2: BARRON LYNN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Northfield School District 31
  • Census Tract: 801603

Geography

  • District: 25
  • Parcel: 04-30-210-049-0000
  • Lot: 4
  • Meridian: SEC 30 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.09
  • Longitude: -87.8702

    Address

  • Full Address: 3448 Salem Walk
  • Address - House Number: 3448
  • Address - Street Name: Salem
  • Address - Suffix Type: Walk
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C034
  • 4-Digit Zip Code: 8486
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,258
  • Tax Rate Code Area: 25190

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 731,663
  • High Value: 842,096
  • Low Value: 621,229

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,500
  • First Open Lien Mortgage Lender: FIDELITY FSB
  • First Open Lien Mortgage Recording Date: Sep 03, 2002
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $472,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2032

    Market Valuation

  • Market Total Value: $760,000
  • Market Land Value: $36,040
  • Market Improvement Value: $723,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $3,604
  • Assessed Improvements Value: $72,396

    Sales

  • Current Sale Contract Date: Aug 28, 2002
  • Current Sale Recording Date: Sep 03, 2002
  • Current Sale Transaction ID: 1176215936
  • Current Sale Price: $679,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0020963656
  • Previous Sale Recording Date: Dec 04, 1998
  • Previous Sale Contract Date: Nov 30, 1998
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY FSB
  • First Mortgage Transaction Date: Sep 03, 2002
  • First Mortgage Loan Amount: $472,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LASALLE BANK NATIONAL ASSN
  • Previous Mortgage Transaction Date: Dec 04, 1998
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $315,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 3448 Salem Walk located in?
The 3448 Salem Walk is a located in the neighborhood of Northfield in Glenview, Northbrook.
What is the average sales price for listings in 3448 Salem Walk?
The average sales price for units in 3448 Salem Walk is $0 currently.

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