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520 Linden Avenue

520 Linden Avenue, Lake Forest, IL 60045
Property in West Deerfield
Sold May 06, 2022
$1,100,000
$650,000 by Us Bank National Association
Mortgage Due May 01, 2052
Sold Jan 05, 2021
$975,000
$510,400 by Wintrust Mortgage
Mortgage Due Dec 01, 2050
Local assessors in Lake Forest, IL have categorized 520 Linden Avenue as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 20,194 square feet. The linear feet between the front and back of the lot was measured at 1,980 ft and the front of the lot was measured at 1,020 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 2 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 520 Linden Avenue has a total of 3,175 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 - A. The building has a roof that is made of composition shingle. Lots of brick 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 forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 520 Linden Avenue was last sold in Apr 15, 2022 for $1,100,000. According to our calculations, that's $226.85 per sqft. Prior to that sales transaction, the property was sold for $975,000 in Nov 20, 2020. Current property owners are expected to pay $14,548 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 520 Linden Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $251,215. To break that down further, the land itself was valued at $91,660. While improvements to the property were assessed at a total of $159,555. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,170
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,194
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 4,849
  • Gross Building Area: 4,849
  • Building Area: 3,175
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,175
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROBERT W.KENDLER SUB
  • Land Acres: 0.464
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROBERT W.KENDLER SUB; LOT 34

Ownership

  • Current Owner : LARA GUSTAVO
  • Current Owner 2: LARA LESLIE LAURA
  • Previous Owner : WILLIAM SMID ANDREW
  • Previous Owner 2: WILLIAM ERIN
  • Owner Before Previous Owner: LUPO MICHAEL J
  • Owner Before Previous Owner 2: LUPO HILLARY W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 864602

Geography

  • District: WEST DEERFIE
  • Parcel: 16-09-205-008
  • Lot: 34
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.2225
  • Longitude: -87.8345

    Address

  • Full Address: 520 Linden Ave
  • Address - House Number: 520
  • Address - Street Name: Linden
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C028
  • 4-Digit Zip Code: 3924
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,548
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 17025

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 969,580
  • High Value: 1,124,471
  • Low Value: 814,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: May 06, 2022
  • First Open Lien Mortgage Loan Amount: $650,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $753,720
  • Market Land Value: $275,007
  • Market Improvement Value: $478,713

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,215
  • Assessed Land Value: $91,660
  • Assessed Improvements Value: $159,555

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Transaction ID: 11887187662
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7901961
  • Previous Sale Recording Date: Jan 05, 2021
  • Previous Sale Contract Date: Nov 20, 2020
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: May 06, 2022
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Jan 05, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $510,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2050

About Lake Forest



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Frequently Asked Questions

What neighborhood is 520 Linden Avenue located in?
The 520 Linden Avenue is a located in the neighborhood of West Deerfield in Lake Forest, Lake Forest.
What is the average sales price for listings in 520 Linden Avenue?
The average sales price for units in 520 Linden Avenue is $0 currently.

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