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74 Otis Road

74 Otis Road, Barrington, IL 60010
Property in Barrington
Sold Oct 04, 2022
$1,008,000
$806,400 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2052
Sold Aug 10, 2021
$830,000
$644,000 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2051
74 Otis Road in Barrington, IL was first built in 2001 and is 23 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 unknown. There are a total of 2 floors. There are a total of 15 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 74 Otis Road has 2,975 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 217,800 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 74 Otis Road sold most recently in Sep 26, 2022 for a total of $1,008,000. If you work out the math, that's approximately a cost of $338.82 per sqft. Before that, the property was also sold for $830,000 in Jul 30, 2021. 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 $19,190 in taxes each year. 74 Otis Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $82,078. If we break it down further, the land itself was valued at $21,780. Improvements to the property, however, were assessed at a total of $60,298. 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.

Building Features

Exterior

Brick Exterior
Cedar Siding

Parking

Garage Parking
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: 15
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 3

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,975
  • Gross Building Area: 2,975
  • Building Area: 2,975
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,975
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD SHOP FARM
  • Land Acres: 5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HILL ANDREW
  • Current Owner 2: HILL BREANNA
  • Previous Owner : PRATT JOSEPH
  • Previous Owner 2: PRATT LENA
  • Owner Before Previous Owner: THOMA DAVID
  • Owner Before Previous Owner 2: THOMA MARLA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 804204

Geography

  • District: 10
  • Parcel: 01-03-400-034-0000
  • Lot: 4
  • Meridian: SEC 03 TWN 42N RNG 9E
  • Municipality: BARRINGTON
  • Latitude: 42.1396
  • Longitude: -88.1624

    Address

  • Full Address: 74 Otis Rd
  • Address - House Number: 74
  • Address - Street Name: Otis
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Barrington
  • Carrier Code: C027
  • 4-Digit Zip Code: 5128
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,190
  • Tax Rate Code Area: 10035

    Appraisal Valuation

  • Standard Deviation: 0.2009
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 962,012
  • High Value: 1,155,375
  • Low Value: 768,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $806,400
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 04, 2022
  • First Open Lien Mortgage Loan Amount: $806,400
  • 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, 2052

    Market Valuation

  • Market Total Value: $820,780
  • Market Land Value: $217,800
  • Market Improvement Value: $602,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,078
  • Assessed Land Value: $21,780
  • Assessed Improvements Value: $60,298

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Transaction ID: 11905340086
  • Current Sale Price: $1,008,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12030
  • Previous Sale Recording Date: Aug 10, 2021
  • Previous Sale Contract Date: Jul 30, 2021
  • Previous Sale Amount: $830,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 04, 2022
  • First Mortgage Loan Amount: $806,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 10, 2021
  • Previous Mortgage Loan Amount: $644,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051

About Barrington Hills



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Nearby Rentals

Unit for rent at 21073 N 19th Street, Barrington, IL, 60010

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,386 ft²
21073 N 19th Street, Barrington, IL, 60010 Listing by Jane Lee

Frequently Asked Questions

What neighborhood is 74 Otis Road located in?
The 74 Otis Road is a located in the neighborhood of Barrington in Barrington Hills, Barrington.
What is the average sales price for listings in 74 Otis Road?
The average sales price for units in 74 Otis Road is $0 currently.

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