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5496 Ridge Crossing

5496 Ridge Crossing, Hanover Park, IL 60133
Property in Wayne
Sold Jul 21, 2016
$180,000
$165,000 by Wintrust Mortgage
Mortgage Due Aug 01, 2046
Sold Jun 27, 2001
$160,000
$152,000 by Richtown Mtg Corp
Mortgage Due Jul 01, 2031
5496 Ridge Crossing has been categorized by the local assessors in Hanover Park, IL as a residential type of property. The building on the property was first built in 1998 and is 26 years old. In addition, 5496 Ridge Crossing has 1,451 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,920 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 5496 Ridge Crossing was last sold in Jul 13, 2016 for $180,000. According to our calculations, that's $124.05 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Jun 15, 2001. Current property owners are expected to pay $6,088 in taxes per year. The property on 5496 Ridge Crossing was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $72,860. To break that down further, the land itself was valued at $16,990. While improvements to the property were assessed at a total of $55,870. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,451
  • Building Area: 1,451
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,451
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASSMT PLAT NO 3 OF TALL OAKS UNIT IV
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ASSMT PLAT NO 3 OF TALL OAKS UNIT IV LOT 79-2

Ownership

  • Current Owner : MARSKE TATE
  • Previous Owner : POLANCO LUIS A
  • Previous Owner 2: REYES ELAINE A
  • Owner Before Previous Owner: KOETJE SCOTT A
  • Owner Before Previous Owner 2: KOETJE JEANETTE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841320

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2911-D6
  • Parcel: 01-12-216-058
  • Lot: 79-2
  • Municipality: WAYNE
  • Latitude: 41.9711
  • Longitude: -88.1473

    Address

  • Full Address: 5496 Ridge Xing
  • Address - House Number: 5496
  • Address - Street Name: Ridge
  • Address - Suffix Type: Xing
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: C031
  • 4-Digit Zip Code: 5383
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,088
  • Tax Rate Code Area: 1015

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 290,574
  • High Value: 342,213
  • Low Value: 238,934

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 21, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $165,000
  • 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: Aug 01, 2046

    Market Valuation

  • Market Total Value: $218,580
  • Market Land Value: $50,970
  • Market Improvement Value: $167,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,860
  • Assessed Land Value: $16,990
  • Assessed Improvements Value: $55,870

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2016
  • Current Sale Recording Date: Jul 21, 2016
  • Current Sale Transaction ID: 1680681233
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2016-075063
  • Previous Sale Recording Date: Jun 27, 2001
  • Previous Sale Contract Date: Jun 15, 2001
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jul 21, 2016
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: RICHTOWN MTG CORP
  • Previous Mortgage Transaction Date: Jun 27, 2001
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2031

About Hanover Park



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Frequently Asked Questions

What neighborhood is 5496 Ridge Crossing located in?
The 5496 Ridge Crossing is a located in the neighborhood of Wayne in Hanover Park, Hanover Park.
What is the average sales price for listings in 5496 Ridge Crossing?
The average sales price for units in 5496 Ridge Crossing is $0 currently.

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