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415 North Prospect Street

415 North Prospect Street, Cambridge, IL 61238
Property in Cambridge
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415 North Prospect Street has been categorized by the local assessors in Cambridge, IL as a residential type of property. The building on the property was first built in 1907 and is 117 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 415 North Prospect Street has 1,141 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 364 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 920 ft and across the front of the lot is 820 ft. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Victorian 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 garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. In terms of heating, it is utilizing a gas heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $360 in taxes per year. The property on 415 North Prospect Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $8,965. To break that down further, the land itself was valued at $3,579. While improvements to the property were assessed at a total of $5,386. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1907
  • Effective Year Built: 1907
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Construction Type: Frame
  • Building Style: Victorian
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 364
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,141
  • Gross Building Area: 1,141
  • Building Area: 1,141
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,141
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOULDS ADD
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E92 OF N81.7 LT 1 BLK 5 GOULDS ADD VILLAGE OF CAMBRIDGE

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cambridge Community Unit School District 227
  • Census Tract: 030202

Geography

  • District: 18
  • Parcel: 18-07-252-008
  • Block: 5
  • Lot: 1
  • Municipality: CAMBRIDGE
  • Latitude: 41.3065
  • Longitude: -90.1913

    Address

  • Full Address: 415 N Ridge St
  • Address - House Number: 415
  • Street Direction: N
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cambridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 1154
  • Zip Code: 61238

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $360
  • Tax Rate Code Area: 180005

    Appraisal Valuation

  • Standard Deviation: 0.252
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 30,412
  • High Value: 38,077
  • Low Value: 22,748

    Market Valuation

  • Market Total Value: $26,895
  • Market Land Value: $10,737
  • Market Improvement Value: $16,158

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,965
  • Assessed Land Value: $3,579
  • Assessed Improvements Value: $5,386

    Exemptions

  • Homeowner Exemption: Yes

About Cambridge



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Frequently Asked Questions

What neighborhood is 415 North Prospect Street located in?
The 415 North Prospect Street is a located in the neighborhood of Cambridge in Cambridge, Cambridge.
What is the average sales price for listings in 415 North Prospect Street?
The average sales price for units in 415 North Prospect Street is $0 currently.

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