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542 West Babcock Avenue

542 West Babcock Avenue, Elmhurst, IL 60126
Property in Addison
Sold Aug 25, 2021
$362,000
$355,443 by Crosscountry Mortgage Llc
Mortgage Due Aug 01, 2051
Sold Jun 10, 2020
$30,000
$227,000 by Crosscountry Mortgage Llc
Mortgage Due Jun 01, 2050
542 West Babcock Avenue in Elmhurst, IL was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 542 West Babcock Avenue has 1,778 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 50 ft and the linear feet between the front and back of the lot is 180. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. 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, 542 West Babcock Avenue sold most recently in Jul 16, 2021 for a total of $362,000. If you work out the math, that's approximately a cost of $203.60 per sqft. Before that, the property was also sold for $30,000 in Apr 30, 2020. 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 $6,980 in taxes each year. 542 West Babcock Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $119,940. If we break it down further, the land itself was valued at $62,300. Improvements to the property, however, were assessed at a total of $57,640. 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. 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!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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 180
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,778
  • Gross Building Area: 1,778
  • Building Area: 1,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,778
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2ND ADD ELMHURST GARDENS
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2ND ADD ELMHURST GARDENS

Ownership

  • Current Owner : AYALA CASTRO JESSICA I
  • Previous Owner : MORRISON ANTHONY G
  • Owner Before Previous Owner: PISANO CHRISTEN L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Elmhurst School District 205
  • School Tax School District: DISTRICT 205
  • Census Tract: 840705

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2971-C6
  • Parcel: 03-34-205-021
  • Block: 2
  • Lot: 8
  • Municipality: ADDISON
  • Latitude: 41.9196
  • Longitude: -87.9604

    Address

  • Full Address: 542 W Babcock Ave
  • Address - House Number: 542
  • Street Direction: W
  • Address - Street Name: Babcock
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elmhurst
  • Carrier Code: C047
  • 4-Digit Zip Code: 1804
  • Zip Code: 60126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,980
  • Tax Rate Code Area: 3062

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 397,778
  • High Value: 466,336
  • Low Value: 329,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,443
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 25, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $355,443
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $359,820
  • Market Land Value: $186,900
  • Market Improvement Value: $172,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,940
  • Assessed Land Value: $62,300
  • Assessed Improvements Value: $57,640

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Transaction ID: 11853782024
  • Current Sale Price: $362,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-128151
  • Previous Sale Recording Date: Jun 10, 2020
  • Previous Sale Contract Date: Apr 30, 2020
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 25, 2021
  • First Mortgage Loan Amount: $355,443
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 10, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $227,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

About Elmhurst



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Unit for rent at 252 N Illinois Street, Elmhurst, IL, 60126

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,239 ft²
252 N Illinois Street, Elmhurst, IL, 60126 Listing by Theresa Hill

Frequently Asked Questions

What neighborhood is 542 West Babcock Avenue located in?
The 542 West Babcock Avenue is a located in the neighborhood of Addison in Elmhurst, Elmhurst.
What is the average sales price for listings in 542 West Babcock Avenue?
The average sales price for units in 542 West Babcock Avenue is $0 currently.

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