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4922 Grand Avenue

4922 Grand Avenue, Western Springs, IL 60558
Property in Lyons
Sold Jan 26, 2021
$1,075,000
$960,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2051
Sold Mar 18, 2015
$780,000
$622,000 by First National Bank Of Brookfi
Mortgage Due Mar 01, 2045
4922 Grand Avenue has been categorized by the local assessors in Western Springs, IL as a residential type of property. The building on the property was first built in 1939 and is 85 years old. The home has a total of 12 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4922 Grand Avenue has 3,190 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,870 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 12,155 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 masonry 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4922 Grand Avenue sold most recently in Dec 4, 2020 for a total of $1,075,000. If you work out the math, that's approximately a cost of $336.99 per sqft. Before that, the property was also sold for $780,000 in Feb 25, 2015. 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 $17,562 in taxes each year. 4922 Grand Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $107,001. If we break it down further, the land itself was valued at $10,940. Improvements to the property, however, were assessed at a total of $96,061. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,155
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,190
  • Gross Building Area: 3,190
  • Building Area: 3,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS OF WESTERN
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FOREST)(HILLS) OF (WESTERN) SPRINGS SUB OF EH & PT O F BLK 12-15 IN HIGHLANDS SUB LYING E OF LINE 33 FT W OF E LINE OF NW 1/

Ownership

  • Current Owner : PECK ROBERT
  • Current Owner 2: PECK LAURA
  • Previous Owner : JOHNSON MICHAEL
  • Previous Owner 2: JOHNSON KARIN
  • Owner Before Previous Owner: BEEDIE DAVID J
  • Owner Before Previous Owner 2: BEEDIE MARY W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819900

Geography

  • District: 21
  • Parcel: 18-07-215-012-0000
  • Block: 12-15
  • Lot: 3
  • Meridian: SEC 07 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7999
  • Longitude: -87.9019

    Address

  • Full Address: 4922 Grand Ave
  • Address - House Number: 4922
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Western Springs
  • Carrier Code: C017
  • 4-Digit Zip Code: 1741
  • Zip Code: 60558

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,562
  • Tax Rate Code Area: 21034

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,119,608
  • High Value: 1,374,011
  • Low Value: 865,206

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $960,000
  • 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: $1,070,010
  • Market Land Value: $109,400
  • Market Improvement Value: $960,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,001
  • Assessed Land Value: $10,940
  • Assessed Improvements Value: $96,061

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11815152614
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2102607090
  • Previous Sale Recording Date: Mar 18, 2015
  • Previous Sale Contract Date: Feb 25, 2015
  • Previous Sale Amount: $780,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF BROOKFI
  • Previous Mortgage Transaction Date: Mar 18, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $622,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2045

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Frequently Asked Questions

What neighborhood is 4922 Grand Avenue located in?
The 4922 Grand Avenue is a located in the neighborhood of Lyons in Western Springs, Western Springs.
What is the average sales price for listings in 4922 Grand Avenue?
The average sales price for units in 4922 Grand Avenue is $0 currently.

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