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587 Shorely Drive

587 Shorely Drive, Barrington, IL 60010
Property in Cuba
Sold Sep 30, 2019
$195,500
$156,320 by Homeside Financial Llc
Mortgage Due Oct 01, 2049
Sold May 11, 2017
Transfer
587 Shorely Drive in Barrington, IL was first built in 1969 and is 55 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 condo style. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 587 Shorely Drive has 1,206 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. In total, the area measurement of the land is 87,120 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 222 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 587 Shorely Drive sold most recently in Sep 24, 2019 for a total of $195,500. If you work out the math, that's approximately a cost of $108.07 per sqft. 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 $3,291 in taxes each year. 587 Shorely Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,309. If we break it down further, the land itself was valued at $404. Improvements to the property, however, were assessed at a total of $66,905. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 603
  • Garage Type: Detached
  • Garage Square Area: 222
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,809
  • Gross Building Area: 1,809
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTY CLERKS
  • Land Acres: 2
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: COUNTY CLERKS DIV SW1/4 SEC 36 UNIT 2C ALSO 6.26% OF 2 AC FOR INT IN COMMON ELEMENTS IN SHORELY WOOD CONDO #1 LOT 14

Ownership

  • Current Owner : NELSON ROBERT ERIC
  • Previous Owner : BARAN GRAZYNA
  • Owner Before Previous Owner: CURRAN MARK C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2751-A1
  • District: CUBA
  • Section: 36
  • Parcel: 13-36-303-014
  • Lot: 14
  • Municipality: TWP OF CUBA
  • Latitude: 42.161
  • Longitude: -88.1328

    Address

  • Full Address: 587 Shorely Dr
  • Legal Unit: 2C
  • Address - House Number: 587
  • Address - Street Name: Shorely
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Barrington
  • Carrier Code: C041
  • 4-Digit Zip Code: 3340
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,291
  • Tax Rate Code Area: 14001

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 226,926
  • High Value: 260,553
  • Low Value: 193,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,320
  • First Open Lien Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 30, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $156,320
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $201,947
  • Market Land Value: $1,212
  • Market Improvement Value: $200,735

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,309
  • Assessed Land Value: $404
  • Assessed Improvements Value: $66,905

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Transaction ID: 11659157659
  • Current Sale Price: $195,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7596418
  • Previous Sale Recording Date: May 11, 2017
  • Previous Sale Contract Date: May 11, 2017
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 30, 2019
  • First Mortgage Loan Amount: $156,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Barrington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 587 Shorely Drive located in?
The 587 Shorely Drive is a located in the neighborhood of Cuba in Barrington, Barrington.
What is the average sales price for listings in 587 Shorely Drive?
The average sales price for units in 587 Shorely Drive is $0 currently.

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