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5 North Edgewood Avenue

5 North Edgewood Avenue, La Grange, IL 60525
Property in Lyons
Sold May 19, 2020
$470,000
$413,600 by United Home Loans Inc
Mortgage Due May 01, 2050
5 North Edgewood Avenue in La Grange, IL was first built in 1924 and is 100 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5 North Edgewood Avenue has 1,560 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,600 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 5 North Edgewood Avenue sold most recently in Apr 23, 2020 for a total of $470,000. If you work out the math, that's approximately a cost of $301.28 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 $12,640 in taxes each year. 5 North Edgewood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,000. If we break it down further, the land itself was valued at $7,260. Improvements to the property, however, were assessed at a total of $37,740. 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. 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.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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST END ADD
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF LTS229-232 IN WEST END ADD TO LAGR ANGE SUB OF THAT PT LYING BETW CTR LINE OF OGDEN AVE & NLY ROW LINE OF

Ownership

  • Current Owner : LOCKE KATHARINE
  • Current Owner 2: BROWN MATTHEW
  • Previous Owner : DRAKE MICHAEL
  • Previous Owner 2: DRAKE SANDRA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819700

Geography

  • District: 21
  • Parcel: 18-05-220-018-0000
  • Lot: 229-2
  • Meridian: SEC 05 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8135
  • Longitude: -87.884

    Address

  • Full Address: 5 N Edgewood Ave
  • Address - House Number: 5
  • Street Direction: N
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: La Grange
  • Carrier Code: C002
  • 4-Digit Zip Code: 5817
  • Zip Code: 60525

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,640
  • Tax Rate Code Area: 21030

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 621,584
  • High Value: 763,681
  • Low Value: 479,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $413,600
  • First Open Lien Mortgage Lender: UNITED HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 19, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $413,600
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $72,600
  • Market Improvement Value: $377,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $7,260
  • Assessed Improvements Value: $37,740

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Transaction ID: 11761217915
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014020169

    Last Sale Mortgage

  • First Mortgage Lender: UNITED HOME LOANS INC
  • First Mortgage Transaction Date: May 19, 2020
  • First Mortgage Loan Amount: $413,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About La Grange



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Unit for rent at 149 Gilbert Avenue, La Grange, IL, 60525

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149 Gilbert Avenue, La Grange, IL, 60525 Listing by Robert Miller

Frequently Asked Questions

What neighborhood is 5 North Edgewood Avenue located in?
The 5 North Edgewood Avenue is a located in the neighborhood of Lyons in La Grange, La Grange.
What is the average sales price for listings in 5 North Edgewood Avenue?
The average sales price for units in 5 North Edgewood Avenue is $0 currently.

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