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557 North Avenue

557 North Avenue, Barrington, IL 60010
House in Cuba
Sold Jun 23, 2020
$309,000
$278,100 by Platinum Home Mortgage Corp
Mortgage Due Jun 01, 2050
Sold Oct 11, 2017
$270,000
557 North Avenue has been categorized by the local assessors in Barrington, IL as a residential type of property. The building on the property was first built in 1989 and is 35 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 557 North Avenue has 1,902 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 8,843 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 684 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. 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, 557 North Avenue was last sold in Apr 14, 2020 for $309,000. According to our calculations, that's $98.22 per sqft. Prior to that sales transaction, the property was sold for $270,000 in Sep 21, 2017. Current property owners are expected to pay $10,784 in taxes per year. The property on 557 North Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $149,524. To break that down further, the land itself was valued at $33,039. While improvements to the property were assessed at a total of $116,485. 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.

Building Features

Exterior

Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 560
  • Garage Type: Attached
  • Garage Square Area: 684
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,843
  • Total Building Area: 3,146
  • Gross Building Area: 3,146
  • Building Area: 1,902
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,902
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S.S.BERRY S DIANA GARDENS
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S.S.BERRY S DIANA GARDENS LOT 21

Ownership

  • Current Owner : PATEL LAUREN B
  • Current Owner 2: PATEL SAGAR J
  • Previous Owner : TITAN AJJ PROPERTIES LLC
  • Owner Before Previous Owner: THE CATHOLIC BISHOP OF CHICAGO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 864308

Geography

  • Assessors Map Reference: 2751-A1
  • District: CUBA
  • Parcel: 13-36-401-016
  • Lot: 21
  • Municipality: TWP OF CUBA
  • Latitude: 42.1611
  • Longitude: -88.1308

    Address

  • Full Address: 557 North Ave
  • Address - House Number: 557
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Barrington
  • Carrier Code: C002
  • 4-Digit Zip Code: 3339
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,784
  • Tax Rate Code Area: 14001

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 489,953
  • High Value: 575,198
  • Low Value: 404,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $278,100
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 23, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $278,100
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $448,617
  • Market Land Value: $99,127
  • Market Improvement Value: $349,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,524
  • Assessed Land Value: $33,039
  • Assessed Improvements Value: $116,485

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Transaction ID: 11769644635
  • Current Sale Price: $309,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7667144
  • Previous Sale Recording Date: Oct 11, 2017
  • Previous Sale Contract Date: Sep 21, 2017
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 23, 2020
  • First Mortgage Loan Amount: $278,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Barrington



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Frequently Asked Questions

What neighborhood is 557 North Avenue located in?
The 557 North Avenue is a house located in the neighborhood of Cuba in Barrington, Barrington.
What is the average sales price for listings in 557 North Avenue?
The average sales price for units in 557 North Avenue is $0 currently.

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