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8725 Ridge Street

8725 Ridge Street, River Grove, IL 60171
Property in River Grove
Sold Oct 16, 2015
$230,000
$187,220 by Century Lending Co
Mortgage Due Oct 01, 2045
8725 Ridge Street in River Grove, IL was first built in 1964 and is 60 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 bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8725 Ridge Street has 1,489 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 6,700 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 no garage. There are a total of 2 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 masonry 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, 8725 Ridge Street sold most recently in Sep 30, 2015 for a total of $230,000. If you work out the math, that's approximately a cost of $154.47 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 $4,474 in taxes each year. 8725 Ridge Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,000. If we break it down further, the land itself was valued at $7,035. Improvements to the property, however, were assessed at a total of $23,965. 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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,700
  • Total Building Area: 1,489
  • Gross Building Area: 1,489
  • Building Area: 1,489
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,489
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RHODES & CLARKES SUB IN SEC27 & SEC
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SOTO JESUS
  • Current Owner 2: SOTO DANIEL
  • Previous Owner : DECLARATION MURAWSKA ARTHUR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rhodes School District 84-5
  • Census Tract: 811200

Geography

  • District: 20
  • Parcel: 12-26-323-006-0000
  • Block: 16
  • Lot: 4
  • Meridian: SEC 26 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9235
  • Longitude: -87.8431

    Address

  • Full Address: 8725 Ridge St
  • Address - House Number: 8725
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: IL
  • City Name: River Grove
  • Carrier Code: C009
  • 4-Digit Zip Code: 1845
  • Zip Code: 60171

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,474
  • Tax Rate Code Area: 20033

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 373,046
  • High Value: 460,205
  • Low Value: 285,888

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,220
  • First Open Lien Mortgage Lender: CENTURY LENDING CO
  • First Open Lien Mortgage Recording Date: Oct 16, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $187,220
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2045

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $70,350
  • Market Improvement Value: $239,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $7,035
  • Assessed Improvements Value: $23,965

    Sales

  • Current Sale Contract Date: Sep 30, 2015
  • Current Sale Recording Date: Oct 16, 2015
  • Current Sale Transaction ID: 1331809925
  • Current Sale Price: $230,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1528942000

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY LENDING CO
  • First Mortgage Transaction Date: Oct 16, 2015
  • First Mortgage Loan Amount: $187,220
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

About River Grove



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Frequently Asked Questions

What neighborhood is 8725 Ridge Street located in?
The 8725 Ridge Street is a located in the neighborhood of River Grove in River Grove, River Grove.
What is the average sales price for listings in 8725 Ridge Street?
The average sales price for units in 8725 Ridge Street is $0 currently.

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