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510 North Clay Street

510 North Clay Street, Hinsdale, IL 60521
Sold Jun 10, 2020
$2,200,000
$2,500,000 by Article Ii B Trust
Mortgage
Sold Apr 30, 2012
$780,000
$585,000 by Hinsdale Bank & Trust Co
Mortgage
510 North Clay Street has been categorized by the local assessors in Hinsdale, IL as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 15 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 3 stories. In addition, 510 North Clay Street has 4,854 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 2,277 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 1,700 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 14,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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. The garage measured 552 sqft. 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. The roof of the building is made of composition shingle. 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. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Jun 2, 2020 for $2,200,000. That's $308.51 per sqft. Prior to that sales transaction, the property was also sold in Apr 24, 2012 for $780,000. 510 North Clay Street was last assessed in 2022. The total value of the property was assessed at $756,670. Specifically, the land the property is located on was valued at $146,750. While improvements on the property were assessed at a total of $609,920. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $39,357. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 3
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 2,277
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 850
  • Total Building Area: 7,131
  • Gross Building Area: 7,131
  • Building Area: 4,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,854
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUDDS RESUB
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BUDDS RESUB ALL LTS 5 & 6 & E 1/2 VAC ALLEY LYG W & ADJ ALSO QUINNS RESUB /EX N 92.51 FT/ /EX S 85 FT/

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Current Owner 2: TRUST NUMBER 8002383325
  • Previous Owner : KINANDER CHERYL A
  • Owner Before Previous Owner: ASPEN CONSTRUCTION SERVICES INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hinsdale Township High School District 86
  • School Tax School District: HINSDALE
  • Census Tract: 844702

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3086-A7
  • Parcel: 09-01-300-030
  • Lot: 5,6
  • Municipality: DOWNERS GROVE
  • Latitude: 41.8104
  • Longitude: -87.9361

    Address

  • Full Address: 510 N Clay St
  • Address - House Number: 510
  • Street Direction: N
  • Address - Street Name: Clay
  • Address - Suffix Type: St
  • State: IL
  • City Name: Hinsdale
  • Carrier Code: C067
  • 4-Digit Zip Code: 3214
  • Zip Code: 60521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,357
  • Tax Rate Code Area: 9059

    Appraisal Valuation

  • Standard Deviation: 0.1249
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 2,403,969
  • High Value: 2,704,375
  • Low Value: 2,103,563

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: ARTICLE II B TRUST
  • First Open Lien Mortgage Recording Date: Jun 10, 2020
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $2,270,010
  • Market Land Value: $440,250
  • Market Improvement Value: $1,829,760

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $756,670
  • Assessed Land Value: $146,750
  • Assessed Improvements Value: $609,920

    Sales

  • Current Sale Contract Date: Jun 02, 2020
  • Current Sale Recording Date: Jun 10, 2020
  • Current Sale Transaction ID: 11767732747
  • Current Sale Price: $2,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020-059161
  • Previous Sale Recording Date: Apr 30, 2012
  • Previous Sale Contract Date: Apr 24, 2012
  • Previous Sale Amount: $780,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARTICLE II B TRUST
  • First Mortgage Transaction Date: Jun 10, 2020
  • First Mortgage Loan Amount: $2,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: HINSDALE BANK & TRUST CO
  • Previous Mortgage Transaction Date: Apr 30, 2012
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $585,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Hinsdale



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Frequently Asked Questions

What neighborhood is 510 North Clay Street located in?
The 510 North Clay Street is a house located in the neighborhood of Downers Grove in Hinsdale, Hinsdale.
What is the average sales price for listings in 510 North Clay Street?
The average sales price for units in 510 North Clay Street is $0 currently.

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