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892 Oakwood Avenue

892 Oakwood Avenue, Lake Forest, IL 60045
House in Green Bay
Sold Aug 26, 2020
$564,000
$452,000 by Quicken Loans Llc
Mortgage Due Sep 01, 2050
Sold Aug 12, 2014
$615,000
$585,000 by Pinnacle Bank
Mortgage Due Sep 01, 2044
892 Oakwood Avenue in Lake Forest, IL was first built in 1957 and is 67 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 conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 892 Oakwood Avenue has 1,980 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 6,800 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a detached garage. The garage is 484 sqft. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. 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 forced air unit. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 892 Oakwood Avenue was last sold in Aug 13, 2020 for $564,000. According to our calculations, that's $181.94 per sqft. Prior to that sales transaction, the property was sold for $615,000 in Aug 4, 2014. Current property owners are expected to pay $11,441 in taxes per year. The property on 892 Oakwood Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $195,049. To break that down further, the land itself was valued at $69,467. While improvements to the property were assessed at a total of $125,582. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,120
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,800
  • Total Building Area: 3,100
  • Gross Building Area: 3,100
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN BAY ADDN
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREEN BAY ADDN LOT 80

Ownership

  • Current Owner : STROTHMAN JOHN
  • Previous Owner : MCGOVERN WENTWORTH
  • Owner Before Previous Owner: MASTERSON MARGARET M
  • Owner Before Previous Owner 2: MARGARET M MASTERSON REVOCABLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863500

Geography

  • Assessors Map Reference: 2650-A2
  • District: SHIELDS
  • Parcel: 12-28-311-017
  • Lot: 80
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.256
  • Longitude: -87.8431

    Address

  • Full Address: 892 Oakwood Ave
  • Address - House Number: 892
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C007
  • 4-Digit Zip Code: 1717
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,441
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 737,881
  • High Value: 863,980
  • Low Value: 611,782

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $452,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $585,206
  • Market Land Value: $208,422
  • Market Improvement Value: $376,784

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,049
  • Assessed Land Value: $69,467
  • Assessed Improvements Value: $125,582

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11786101806
  • Current Sale Price: $564,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7688247
  • Previous Sale Recording Date: Aug 12, 2014
  • Previous Sale Contract Date: Aug 04, 2014
  • Previous Sale Amount: $615,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $452,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE BANK
  • Previous Mortgage Transaction Date: Aug 12, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $585,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2044

About Green Bay



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Frequently Asked Questions

What neighborhood is 892 Oakwood Avenue located in?
The 892 Oakwood Avenue is a house located in the neighborhood of Green Bay in Green Bay, Lake Forest.
What is the average sales price for listings in 892 Oakwood Avenue?
The average sales price for units in 892 Oakwood Avenue is $0 currently.

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