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362 Madison Avenue

362 Madison Avenue, Glencoe, IL 60022
Property in New Trier
Sold Sep 09, 1996
$263,000
$160,000 by North Shore Mtg & Financial Se
Mortgage Due Sep 01, 2026
Sold Jul 26, 1996
Transfer
362 Madison 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 1957 and is 67 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 362 Madison Avenue has 1,209 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 9,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 attached garage for those who require parking. According to our sources, there is one available parking space. 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 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 central air conditioning at the moment. In terms of heating, it is utilizing a heating 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, 362 Madison Avenue sold most recently in Aug 29, 1996 for a total of $263,000. If you work out the math, that's approximately a cost of $217.54 per sqft. 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 $10,948 in taxes each year. 362 Madison Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $51,294. If we break it down further, the land itself was valued at $22,750. Improvements to the property, however, were assessed at a total of $28,544. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,100
  • Total Building Area: 1,209
  • Gross Building Area: 1,209
  • Building Area: 1,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UTHES ADD TO GLENCOE
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (UTHES) ADD TO (GLENCOE) IN SEC 07-42-13

Ownership

  • Current Owner : GREENSTEIN DANIEL SETH
  • Current Owner 2: GREENSTEIN BONNIE RABIN
  • Previous Owner : KASS KAREN
  • Previous Owner 2: ZASLAVSKY KAREN
  • Owner Before Previous Owner: WALLACH CARY P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 23
  • Parcel: 05-07-418-005-0000
  • Block: 4
  • Lot: 7
  • Meridian: SEC 07 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1252
  • Longitude: -87.7526

    Address

  • Full Address: 362 Madison Ave
  • Address - House Number: 362
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C006
  • 4-Digit Zip Code: 1810
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,948
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 642,035
  • High Value: 788,638
  • Low Value: 495,433

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: NORTH SHORE MTG & FINANCIAL SE
  • First Open Lien Mortgage Recording Date: Sep 09, 1996
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2026

    Market Valuation

  • Market Total Value: $512,940
  • Market Land Value: $227,500
  • Market Improvement Value: $285,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,294
  • Assessed Land Value: $22,750
  • Assessed Improvements Value: $28,544

    Sales

  • Current Sale Contract Date: Aug 29, 1996
  • Current Sale Recording Date: Sep 09, 1996
  • Current Sale Transaction ID: 1143584922
  • Current Sale Price: $263,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 96686997
  • Previous Sale Recording Date: Jul 26, 1996
  • Previous Sale Contract Date: Nov 23, 1992
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH SHORE MTG & FINANCIAL SE
  • First Mortgage Transaction Date: Sep 09, 1996
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2026

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Frequently Asked Questions

What neighborhood is 362 Madison Avenue located in?
The 362 Madison Avenue is a located in the neighborhood of New Trier in Glencoe, Glencoe.
What is the average sales price for listings in 362 Madison Avenue?
The average sales price for units in 362 Madison Avenue is $0 currently.

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