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8662 Narragansett Avenue

8662 Narragansett Avenue, Morton Grove, IL 60053
Property in Niles
Sold Jan 11, 2016
$350,000
$245,000 by Quicken Loans Inc
Mortgage Due Jan 01, 2036
Sold Dec 01, 2010
$453,000
$362,301 by Tbi Mortgage Co
Mortgage Due Dec 01, 2040
Local assessors in Morton Grove, IL have categorized 8662 Narragansett Avenue as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 129,915 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. If we look only at the heated or air conditioned part of the building, then 8662 Narragansett Avenue has a total of 136,660 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. The property was last sold in Dec 17, 2015 for $350,000. That's $2.56 per sqft. Prior to that sales transaction, the property was also sold in Nov 4, 2010 for $453,000. 8662 Narragansett Avenue was last assessed in 2023. The total value of the property was assessed at $42,893. Specifically, the land the property is located on was valued at $3,301. While improvements on the property were assessed at a total of $39,592. 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 $11,804. 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. 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: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 129,915
  • Total Building Area: 136,660
  • Gross Building Area: 136,660
  • Building Area: 136,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 136,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CROSSINGS/MORTON GROVE CONDO
  • Land Acres: 2.982
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : PARK SUNG HWAN
  • Current Owner 2: PARK JIHYUN
  • Previous Owner : CHOI PETER S
  • Owner Before Previous Owner: TOLL IL VI LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Morton Grove School District 70
  • Census Tract: 808301

Geography

  • District: 24
  • Parcel: 10-20-101-030-1046
  • Municipality: NILES
  • Latitude: 42.0392
  • Longitude: -87.7862

    Address

  • Full Address: 8662 Narragansett Ave
  • Address - House Number: 8662
  • Address - Street Name: Narragansett
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Morton Grove
  • Carrier Code: C024
  • 4-Digit Zip Code: 2846
  • Zip Code: 60053

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,804
  • Tax Rate Code Area: 24079

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 458,244
  • High Value: 542,883
  • Low Value: 373,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 11, 2016
  • First Open Lien Mortgage Loan Amount: $245,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $428,930
  • Market Land Value: $33,010
  • Market Improvement Value: $395,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,893
  • Assessed Land Value: $3,301
  • Assessed Improvements Value: $39,592

    Sales

  • Current Sale Contract Date: Dec 17, 2015
  • Current Sale Recording Date: Jan 11, 2016
  • Current Sale Transaction ID: 1396197782
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1601101014
  • Previous Sale Recording Date: Dec 01, 2010
  • Previous Sale Contract Date: Nov 04, 2010
  • Previous Sale Amount: $453,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jan 11, 2016
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: TBI MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 01, 2010
  • Previous Mortgage Loan Amount: $362,301
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2040

About Morton Grove



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Frequently Asked Questions

What neighborhood is 8662 Narragansett Avenue located in?
The 8662 Narragansett Avenue is a located in the neighborhood of Niles in Morton Grove, Morton Grove.
What is the average sales price for listings in 8662 Narragansett Avenue?
The average sales price for units in 8662 Narragansett Avenue is $0 currently.

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