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523 South Grace Street

523 South Grace Street, Lombard, IL 60148
Property in York
Sold Jun 18, 2021
$390,000
$312,000 by Neighborhood Loans
Mortgage Due Jul 01, 2051
Local assessors in Lombard, IL have categorized 523 South Grace Street as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 133 ft and the front of the lot was measured at 55 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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 523 South Grace Street has a total of 1,682 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The property was last sold in Jun 11, 2021 for $390,000. That's $153.18 per sqft. 523 South Grace Street was last assessed in 2022. The total value of the property was assessed at $100,820. Specifically, the land the property is located on was valued at $19,930. While improvements on the property were assessed at a total of $80,890. 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 $7,160. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 864
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 133
  • Lot Size Frontage Feet: 55
  • Total Building Area: 2,546
  • Gross Building Area: 2,546
  • Building Area: 1,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,682
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOMBARD HIGHLANDS
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RESUB OF LOT 6 BLK 13 LOMBARD HIGHLANDS

Ownership

  • Current Owner : CAGLE DON W
  • Current Owner 2: CAGLE REBECCA F
  • Previous Owner : MULCAHY MICHAEL J
  • Previous Owner 2: MULCAHY KATHRYN R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Villa Park School District 45
  • School Tax School District: LOMBARD
  • Census Tract: 843602

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3026-C5
  • Parcel: 06-08-409-006
  • Block: 13
  • Lot: 6
  • Municipality: YORK
  • Latitude: 41.8776
  • Longitude: -88.0079

    Address

  • Full Address: 523 S Grace St
  • Address - House Number: 523
  • Street Direction: S
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lombard
  • Carrier Code: C058
  • 4-Digit Zip Code: 2842
  • Zip Code: 60148

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,160
  • Tax Rate Code Area: 6024

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 407,500
  • High Value: 476,865
  • Low Value: 338,135

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $312,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $302,460
  • Market Land Value: $59,790
  • Market Improvement Value: $242,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,820
  • Assessed Land Value: $19,930
  • Assessed Improvements Value: $80,890

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840863594
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-093944

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lombard



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874 S Addison Avenue #874, Lombard, IL, 60148 Listing by AnnMarie Siriano

Frequently Asked Questions

What neighborhood is 523 South Grace Street located in?
The 523 South Grace Street is a located in the neighborhood of York in Lombard, Lombard.
What is the average sales price for listings in 523 South Grace Street?
The average sales price for units in 523 South Grace Street is $0 currently.

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