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841 South Grove Avenue

841 South Grove Avenue, Barrington, IL 60010
Property in Barrington
Sold Apr 14, 2021
$350,000
$280,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2051
Sold Mar 25, 2021
Transfer
841 South Grove Avenue has been categorized by the local assessors in Barrington, IL as a residential type of property. The building on the property was first built in 1971 and is 53 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 841 South Grove Avenue has 2,240 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,591 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery 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, 841 South Grove Avenue sold most recently in Mar 31, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $156.25 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 $8,508 in taxes each year. The initial year of tax delinquency occurred in 2021. 841 South Grove Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,000. If we break it down further, the land itself was valued at $10,591. Improvements to the property, however, were assessed at a total of $28,409. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,591
  • Total Building Area: 2,240
  • Gross Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARTHUR T MCINTOSH & COMPANYS H
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11 IN BLK 4 IN ARTHUR T MCINTOS H & COMPANYS HILLSIDE ADD TO BARRI NGTON S2 OF SEC01+ T42N R09E 3P

Ownership

  • Current Owner : KWAK SAMUEL
  • Current Owner 2: PARK GRACE
  • Previous Owner : REVERSE MORTGAGE FUNDING LLC
  • Owner Before Previous Owner: HARTWIG NANCY JANE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 804202

Geography

  • District: 10
  • Parcel: 01-01-307-010-0000
  • Block: 4
  • Lot: 11
  • Meridian: SEC 01 TWN 42N RNG 9E
  • Municipality: BARRINGTON
  • Latitude: 42.1431
  • Longitude: -88.1325

    Address

  • Full Address: 841 S Grove Ave
  • Address - House Number: 841
  • Street Direction: S
  • Address - Street Name: Grove
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Barrington
  • Carrier Code: C014
  • 4-Digit Zip Code: 4461
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,508
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 10021

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 523,018
  • High Value: 643,060
  • Low Value: 402,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $105,910
  • Market Improvement Value: $284,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $10,591
  • Assessed Improvements Value: $28,409

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11830805942
  • Current Sale Price: $350,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2110401123
  • Previous Sale Recording Date: Mar 25, 2021
  • Previous Sale Contract Date: Mar 08, 2021
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 14, 2021
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Barrington



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Frequently Asked Questions

What neighborhood is 841 South Grove Avenue located in?
The 841 South Grove Avenue is a located in the neighborhood of Barrington in Barrington, Barrington.
What is the average sales price for listings in 841 South Grove Avenue?
The average sales price for units in 841 South Grove Avenue is $0 currently.

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