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40 Meacham Avenue

40 Meacham Avenue, Park Ridge, IL 60068
Townhouse in Park Ridge
Local assessors in Park Ridge, IL have categorized 40 Meacham Avenue as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 1,640 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 3 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 40 Meacham Avenue has a total of 2,942 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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 tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 40 Meacham Avenue was last sold in Aug 7, 2023 for $850,000. According to our calculations, that's $288.92 per sqft. Prior to that sales transaction, the property was sold for $735,000 in Feb 28, 2019. Current property owners are expected to pay $18,615 in taxes per year. The property on 40 Meacham Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $75,000. To break that down further, the land itself was valued at $11,000. While improvements to the property were assessed at a total of $64,000. 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. 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.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181220
12/20/2018
4 Bed
3.5 Bath
3000 ft²
$754,940
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
3000 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,640
  • Total Building Area: 2,942
  • Gross Building Area: 2,942
  • Building Area: 2,942
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,942
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HINKLEY PARK TOWNHOMES RESUBDIVISION
  • Land Acres: 0.038
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : BLACK DOUGLAS M
  • Previous Owner : SCARANO JOSEPH J
  • Previous Owner 2: SCARANO JENNIFER
  • Owner Before Previous Owner: NERI NICHOLAS A
  • Owner Before Previous Owner 2: NERI KELLY A

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805501

Geography

  • District: 22
  • Parcel: 09-26-422-058-0000
  • Municipality: MAINE
  • Latitude: 42.0128
  • Longitude: -87.833

    Address

  • Full Address: 40 Meacham Ave
  • Address - House Number: 40
  • Address - Street Name: Meacham
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C003
  • 4-Digit Zip Code: 3335
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,615
  • Tax Rate Code Area: 22242

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 850,832
  • High Value: 1,022,013
  • Low Value: 679,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 23, 2023
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 09, 2053

    Market Valuation

  • Market Total Value: $750,000
  • Market Land Value: $110,000
  • Market Improvement Value: $640,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,000
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $64,000

    Sales

  • Current Sale Contract Date: Aug 07, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Transaction ID: 11911737240
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13304
  • Previous Sale Recording Date: Mar 07, 2019
  • Previous Sale Contract Date: Feb 28, 2019
  • Previous Sale Amount: $735,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 07, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $588,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Park Ridge



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Frequently Asked Questions

What neighborhood is 40 Meacham Avenue located in?
The 40 Meacham Avenue is a townhouse located in the neighborhood of Park Ridge in Park Ridge, Park Ridge.
What is the average sales price for listings in 40 Meacham Avenue?
The average sales price for units in 40 Meacham Avenue is $0 currently.

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