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7544 Ridgewood Lane

7544 Ridgewood Lane, Willowbrook, IL 60527
Property in Lyons
Sold Jul 20, 2022
$915,000
$650,000 by Us Bank National Association
Mortgage Due Aug 01, 2052
Sold Oct 09, 2003
$675,000
$475,000 by Fifth Third Mortgage Co
Mortgage Due Sep 01, 2033
Local assessors in Willowbrook, IL have categorized 7544 Ridgewood Lane as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 12,035 square feet. The linear feet between the front and back of the lot was measured at 1,450 ft and the front of the lot was measured at 830 ft. 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 7544 Ridgewood Lane has a total of 4,021 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. 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, 7544 Ridgewood Lane sold most recently in Jul 13, 2022 for a total of $915,000. If you work out the math, that's approximately a cost of $227.56 per sqft. Before that, the property was also sold for $675,000 in Sep 5, 2003. 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 $11,523 in taxes each year. 7544 Ridgewood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $86,000. If we break it down further, the land itself was valued at $9,929. Improvements to the property, however, were assessed at a total of $76,071. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1989
  • 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: 12,035
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 830
  • Total Building Area: 4,021
  • Gross Building Area: 4,021
  • Building Area: 4,021
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,021
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURR OAKS GLEN UNIT2
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BURR) (OAKS) (GLEN) (UNIT2) SUB OF PT WH SE SEC 30-38-12

Ownership

  • Current Owner : DETTMAN KATY
  • Previous Owner : MICHAEL J LINS TRUST
  • Owner Before Previous Owner: ELSER JOHN
  • Owner Before Previous Owner 2: ELSER DENISE

Neighborhood

  • School District Name: Pleasantdale School District 107
  • Census Tract: 820204

Geography

  • District: 21
  • Parcel: 18-30-407-016-0000
  • Lot: 65
  • Meridian: SEC 30 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7519
  • Longitude: -87.9057

    Address

  • Full Address: 7544 Ridgewood Ln
  • Legal Unit: 2
  • Address - House Number: 7544
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Burr Ridge
  • Carrier Code: C073
  • 4-Digit Zip Code: 5159
  • Zip Code: 60527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,523
  • Tax Rate Code Area: 21071

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 883,993
  • High Value: 1,085,537
  • Low Value: 682,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Jul 20, 2022
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $860,000
  • Market Land Value: $99,290
  • Market Improvement Value: $760,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,000
  • Assessed Land Value: $9,929
  • Assessed Improvements Value: $76,071

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Transaction ID: 11905303033
  • Current Sale Price: $915,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20223
  • Previous Sale Recording Date: Oct 09, 2003
  • Previous Sale Contract Date: Sep 05, 2003
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Jul 20, 2022
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 09, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $475,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Sep 01, 2033

About Burr Ridge



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Frequently Asked Questions

What neighborhood is 7544 Ridgewood Lane located in?
The 7544 Ridgewood Lane is a located in the neighborhood of Lyons in Burr Ridge, Willowbrook.
What is the average sales price for listings in 7544 Ridgewood Lane?
The average sales price for units in 7544 Ridgewood Lane is $0 currently.

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