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37 South Ridge Avenue

37 South Ridge Avenue, Arlington Heights, IL 60005
Property in Wheeling
Sold Nov 23, 2021
$435,000
$348,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2051
Sold Jul 22, 2016
$385,500
$366,225 by Caliber Home Loans Inc
Mortgage Due Jul 01, 2046
Local assessors in Arlington Heights, IL have categorized 37 South Ridge Avenue as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 6,600 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 37 South Ridge Avenue has a total of 1,391 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 37 South Ridge Avenue sold most recently in Nov 1, 2021 for a total of $435,000. If you work out the math, that's approximately a cost of $312.72 per sqft. Before that, the property was also sold for $385,500 in Jun 24, 2016. 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 $9,492 in taxes each year. 37 South Ridge Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,000. If we break it down further, the land itself was valued at $6,600. Improvements to the property, however, were assessed at a total of $29,400. 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: 1949
  • Effective Year Built: 1949
  • 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: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,391
  • Gross Building Area: 1,391
  • Building Area: 1,391
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,391
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RIDGELAWN SUB
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RIDGELAWN) SUB OF PT LYING S OF CENTER LINE CAMPBELL ST OF E157FT OF WH SE & W 198FT OF EH SW SEC 30-42-11

Ownership

  • Current Owner : LEE DARREN
  • Current Owner 2: KARAKOSTA IRIS
  • Previous Owner : CASTALDI ANTHONY G
  • Previous Owner 2: CASTALDI MAUREEN
  • Owner Before Previous Owner: SULLIVAN MICHAEL
  • Owner Before Previous Owner 2: SULLIVAN MEGAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803300

Geography

  • District: 38
  • Parcel: 03-30-423-010-0000
  • Block: 10
  • Lot: 10
  • Meridian: SEC 30 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0815
  • Longitude: -87.99

    Address

  • Full Address: 37 S Ridge Ave
  • Address - House Number: 37
  • Street Direction: S
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C008
  • 4-Digit Zip Code: 1767
  • Zip Code: 60005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,492
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 465,224
  • High Value: 570,110
  • Low Value: 360,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $348,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $66,000
  • Market Improvement Value: $294,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $29,400

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11870035637
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2132721353
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Contract Date: Jun 24, 2016
  • Previous Sale Amount: $385,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $348,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Jul 22, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $366,225
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Arlington Heights



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Frequently Asked Questions

What neighborhood is 37 South Ridge Avenue located in?
The 37 South Ridge Avenue is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 37 South Ridge Avenue?
The average sales price for units in 37 South Ridge Avenue is $0 currently.

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