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560 Longwood Avenue

560 Longwood Avenue, Glencoe, IL 60022
Property in New Trier
Sold Jun 24, 2021
$1,799,000
$1,349,250 by Silicon Valley Bank
Mortgage Due Jul 01, 2051
Sold Oct 20, 2020
$1,660,000
Local assessors in Glencoe, IL have categorized 560 Longwood Avenue as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 16,400 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 560 Longwood Avenue has a total of 4,456 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 attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 560 Longwood Avenue sold most recently in Jun 7, 2021 for a total of $1,799,000. If you work out the math, that's approximately a cost of $403.73 per sqft. Before that, the property was also sold for $1,660,000 in Sep 2, 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 $40,936 in taxes each year. The initial year of tax delinquency occurred in 2021. 560 Longwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $179,000. If we break it down further, the land itself was valued at $45,920. Improvements to the property, however, were assessed at a total of $133,080. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1953
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,400
  • Total Building Area: 4,456
  • Gross Building Area: 4,456
  • Building Area: 4,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLENCOE A SUB IN SECS 5,6,7 & 8 SEC 08
  • Land Acres: 0.377
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (GLENCOE) A SUB IN SECS 5,6,7 & 8 SEC 08-42-13

Ownership

  • Current Owner : RAPOPORT BORIS
  • Current Owner 2: RAPOPORT JENNIFER
  • Previous Owner : JAMAN RICHARD
  • Owner Before Previous Owner: OLSAN REED S
  • Owner Before Previous Owner 2: OLSAN JOAN L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: New Trier Township High School District 203
  • Census Tract: 800100

Geography

  • District: 23
  • Parcel: 05-08-100-025-0000
  • Block: 8
  • Lot: 6,7
  • Meridian: SEC 08 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1346
  • Longitude: -87.7492

    Address

  • Full Address: 560 Longwood Ave
  • Address - House Number: 560
  • Address - Street Name: Longwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C010
  • 4-Digit Zip Code: 1737
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,936
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 1,901,282
  • High Value: 2,295,918
  • Low Value: 1,506,646

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,349,250
  • First Open Lien Mortgage Lender: SILICON VALLEY BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,349,250
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $1,790,000
  • Market Land Value: $459,200
  • Market Improvement Value: $1,330,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,000
  • Assessed Land Value: $45,920
  • Assessed Improvements Value: $133,080

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11840974076
  • Current Sale Price: $1,799,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2117528285
  • Previous Sale Recording Date: Oct 20, 2020
  • Previous Sale Contract Date: Sep 02, 2020
  • Previous Sale Amount: $1,660,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILICON VALLEY BANK
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $1,349,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Glencoe



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 560 Longwood Avenue located in?
The 560 Longwood Avenue is a located in the neighborhood of New Trier in Glencoe, Glencoe.
What is the average sales price for listings in 560 Longwood Avenue?
The average sales price for units in 560 Longwood Avenue is $0 currently.

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