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541 North Grace Street

541 North Grace Street, Lombard, IL 60148
Property in York
Sold Sep 10, 2021
$397,000
$385,090 by Celebrity Home Loans Llc
Mortgage Due Oct 01, 2051
Sold May 10, 2021
$295,000
541 North Grace Street has been categorized by the local assessors in Lombard, IL as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The building has a total of 2 stories. In addition, 541 North Grace Street has 1,876 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 123 ft and across the front of the lot is 64 ft. The area measurement of the land has been determined as 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 attached garage for those who require parking. 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 brick control joints. The exterior walls of the building are made of alum/vinyl siding. 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, 541 North Grace Street was last sold in Sep 3, 2021 for $397,000. According to our calculations, that's $211.62 per sqft. Prior to that sales transaction, the property was sold for $295,000 in May 7, 2021. Current property owners are expected to pay $7,668 in taxes per year. The property on 541 North Grace Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $107,550. To break that down further, the land itself was valued at $20,180. While improvements to the property were assessed at a total of $87,370. 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. 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.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 123
  • Lot Size Frontage Feet: 64
  • Total Building Area: 1,876
  • Gross Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEORGE WALLACHS LOMBARD VISTA RESUB
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GEORGE WALLACHS LOMBARD VISTA RESUB

Ownership

  • Current Owner : APPLEGATE MICHAEL ABRAHAM
  • Previous Owner : RASHEED FAWAZ
  • Previous Owner 2: ANSARI MATEEN
  • Owner Before Previous Owner: PATEL PUSHPA P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Villa Park School District 45
  • School Tax School District: LOMBARD
  • Census Tract: 843301

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3026-C2
  • Parcel: 06-05-209-029
  • Lot: 3
  • Municipality: YORK
  • Latitude: 41.9002
  • Longitude: -88.0079

    Address

  • Full Address: 541 N Grace St
  • Address - House Number: 541
  • Street Direction: N
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lombard
  • Carrier Code: C034
  • 4-Digit Zip Code: 1854
  • Zip Code: 60148

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,668
  • Tax Rate Code Area: 6024

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 427,314
  • High Value: 500,052
  • Low Value: 354,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $385,090
  • First Open Lien Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $385,090
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $322,650
  • Market Land Value: $60,540
  • Market Improvement Value: $262,110

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,550
  • Assessed Land Value: $20,180
  • Assessed Improvements Value: $87,370

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11855722653
  • Current Sale Price: $397,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-135764
  • Previous Sale Recording Date: May 10, 2021
  • Previous Sale Contract Date: May 07, 2021
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $385,090
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lombard



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Frequently Asked Questions

What neighborhood is 541 North Grace Street located in?
The 541 North Grace Street is a located in the neighborhood of York in Lombard, Lombard.
What is the average sales price for listings in 541 North Grace Street?
The average sales price for units in 541 North Grace Street is $0 currently.

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