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526 West Moreland Avenue

526 West Moreland Avenue, Addison, IL 60101
Property in Addison
Sold Dec 22, 2017
$272,000
$263,840 by Neighborhood Loans
Mortgage Due Jan 01, 2048
Sold May 09, 2017
$171,000
Local assessors in Addison, IL have categorized 526 West Moreland Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,841 square feet. The linear feet between the front and back of the lot was measured at 140 ft and the front of the lot was measured at 56 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 526 West Moreland Avenue has a total of 1,026 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. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 brick control joints. 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. 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, 526 West Moreland Avenue sold most recently in Dec 18, 2017 for a total of $272,000. If you work out the math, that's approximately a cost of $132.55 per sqft. Before that, the property was also sold for $171,000 in Apr 18, 2017. 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 $5,236 in taxes each year. 526 West Moreland Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $77,090. If we break it down further, the land itself was valued at $32,540. Improvements to the property, however, were assessed at a total of $44,550. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,026
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 56
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 1,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: A P ROSS PIONEER PARK
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A P ROSS PIONEER PARK UNIT NO 4

Ownership

  • Current Owner : KLEIN CHAZ L
  • Current Owner 2: KLEIN APRIL D
  • Previous Owner : GEROUSIS PETER
  • Owner Before Previous Owner: DAHLDORF MARIAN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846603

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D5
  • Parcel: 03-29-208-034
  • Lot: 88
  • Municipality: ADDISON
  • Latitude: 41.9277
  • Longitude: -88.0021

    Address

  • Full Address: 526 W Moreland Ave
  • Legal Unit: 4
  • Address - House Number: 526
  • Street Direction: W
  • Address - Street Name: Moreland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: C036
  • 4-Digit Zip Code: 3412
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,236
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 308,354
  • High Value: 361,484
  • Low Value: 255,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,840
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Dec 22, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $263,840
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $231,270
  • Market Land Value: $97,620
  • Market Improvement Value: $133,650

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,090
  • Assessed Land Value: $32,540
  • Assessed Improvements Value: $44,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 18, 2017
  • Current Sale Recording Date: Dec 22, 2017
  • Current Sale Transaction ID: 11341305073
  • Current Sale Price: $272,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017-130926
  • Previous Sale Recording Date: May 09, 2017
  • Previous Sale Contract Date: Apr 18, 2017
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Dec 22, 2017
  • First Mortgage Loan Amount: $263,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Addison



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 526 West Moreland Avenue located in?
The 526 West Moreland Avenue is a located in the neighborhood of Addison in Addison, Addison.
What is the average sales price for listings in 526 West Moreland Avenue?
The average sales price for units in 526 West Moreland Avenue is $0 currently.

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