Check Availability

575 Orchard Lane

575 Orchard Lane, Glencoe, IL 60022
Property in New Trier
Sold Sep 17, 2015
$1,450,000
$1,232,500 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2045
Sold Dec 06, 2001
$585,000
$880,000 by The First Commercial Bank
Mortgage
Local assessors in Glencoe, IL have categorized 575 Orchard Lane as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 12,619 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 8 rooms in the home. Of these, 4 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 575 Orchard Lane has a total of 3,612 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 - A. 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. The property was last sold in Jul 8, 2015 for $1,450,000. That's $401.44 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 2001 for $585,000. 575 Orchard Lane was last assessed in 2023. The total value of the property was assessed at $136,000. Specifically, the land the property is located on was valued at $22,714. While improvements on the property were assessed at a total of $113,286. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $30,320. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,619
  • Total Building Area: 3,612
  • Gross Building Area: 3,612
  • Building Area: 3,612
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,612
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GELDER & SNEARYS GLENCOE
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (GELDER) & (SNEARYS) (GLENCOE) GARDENS A SUB OF PT OF THE WH SE SEC 01-42-12

Ownership

  • Current Owner : PLANKAR DENNIS
  • Current Owner 2: PLANKAR SHAYNA
  • Previous Owner : WEISS PAULA
  • Owner Before Previous Owner: KOGAN JON
  • 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: 800200

Geography

  • District: 23
  • Parcel: 04-01-405-004-0000
  • Lot: 2
  • Meridian: SEC 01 TWN 42N RNG 12E
  • Municipality: NEW TRIER
  • Latitude: 42.1416
  • Longitude: -87.7755

    Address

  • Full Address: 575 Orchard Ln
  • Address - House Number: 575
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Glencoe
  • Carrier Code: C009
  • 4-Digit Zip Code: 1028
  • Zip Code: 60022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,320
  • Tax Rate Code Area: 23006

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,644,816
  • High Value: 2,021,372
  • Low Value: 1,268,260

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,332,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 17, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,232,500
  • 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, 2045
  • Second Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • Second Open Lien Mortgage Recording Date: May 01, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 17, 2047

    Market Valuation

  • Market Total Value: $1,360,000
  • Market Land Value: $227,140
  • Market Improvement Value: $1,132,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,000
  • Assessed Land Value: $22,714
  • Assessed Improvements Value: $113,286

    Sales

  • Current Sale Contract Date: Jul 08, 2015
  • Current Sale Recording Date: Sep 17, 2015
  • Current Sale Transaction ID: 1293463515
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1526017021
  • Previous Sale Recording Date: Dec 06, 2001
  • Previous Sale Contract Date: Nov 15, 2001
  • Previous Sale Amount: $585,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 17, 2015
  • First Mortgage Loan Amount: $1,232,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE FIRST COMMERCIAL BANK
  • Previous Mortgage Transaction Date: Dec 06, 2001
  • Previous Mortgage Loan Amount: $880,000

About Glencoe



Similar Buildings

Property at 575 Orchard Lane,

401 Sheridan Road

  • 1 Unit for Sale
  • 2 Stories
401 Sheridan Road, Highland Park, IL 60035

Nearby Rentals

Unit for rent at 1008 Dell Road, Northbrook, IL, 60062

$3,000 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,068 ft²
1008 Dell Road, Northbrook, IL, 60062 Listing by Vaseekaran Janarthanam
Unit for rent at 770 Skokie Boulevard, Northbrook, IL, 60062

$2,925 /mo

  • 1 Bed
  • 1 Bath
  • 904 ft²
770 Skokie Boulevard #328, Northbrook, IL, 60062 Listing by Danielle Sittloh

Frequently Asked Questions

What neighborhood is 575 Orchard Lane located in?
The 575 Orchard Lane is a located in the neighborhood of New Trier in Glencoe, Glencoe.
What is the average sales price for listings in 575 Orchard Lane?
The average sales price for units in 575 Orchard Lane is $0 currently.

Quantcast