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1016 Pearson Drive

1016 Pearson Drive, Joliet, IL 60435
Property in Joliet
Sold Apr 01, 2022
$199,900
$159,920 by Federal Savings Bank
Mortgage Due Apr 01, 2052
Sold Jul 11, 2017
$139,900
$137,365 by Neighborhood Loans
Mortgage Due Jul 01, 2047
1016 Pearson Drive has been categorized by the local assessors in Joliet, IL as a residential type of property. The building on the property was first built in 1959 and is 65 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1016 Pearson Drive has 864 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 7,374 square feet.

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 detached garage for those who require parking. The garage measured 440 sqft. 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, 1016 Pearson Drive was last sold in Mar 22, 2022 for $199,900. According to our calculations, that's $231.37 per sqft. Prior to that sales transaction, the property was sold for $139,900 in Jun 29, 2017. Current property owners are expected to pay $4,300 in taxes per year. The property on 1016 Pearson Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $52,559. To break that down further, the land itself was valued at $13,860. While improvements to the property were assessed at a total of $38,699. 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. 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!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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,374
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEING A ACRES
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 72 IN PEARSON'S BRIDALWREATH ACRES UNIT 5, BEING A SUB OF PRT OF THE W1/2 OF THE SW1/2 OF SEC 6, T35N-R10E.

Ownership

  • Current Owner : HUFFAR MICHAEL
  • Previous Owner : ANDREW FITZGERALD SR ROBERT
  • Owner Before Previous Owner: READY MARK
  • Owner Before Previous Owner 2: ESTATE OF MARGUERITE READY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881603

Geography

  • Parcel: 30-07-06-305-012
  • Lot: 72
  • Meridian: SEC 06 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.542
  • Longitude: -88.1368

    Address

  • Full Address: 1016 Pearson Dr
  • Legal Unit: 5
  • Address - House Number: 1016
  • Address - Street Name: Pearson
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C081
  • 4-Digit Zip Code: 3256
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,300
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 199,826
  • High Value: 233,904
  • Low Value: 165,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,920
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Loan Amount: $159,920
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $157,677
  • Market Land Value: $41,580
  • Market Improvement Value: $116,097

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,559
  • Assessed Land Value: $13,860
  • Assessed Improvements Value: $38,699

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Transaction ID: 11884199648
  • Current Sale Price: $199,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 27445
  • Previous Sale Recording Date: Jul 11, 2017
  • Previous Sale Contract Date: Jun 29, 2017
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Apr 01, 2022
  • First Mortgage Loan Amount: $159,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEIGHBORHOOD LOANS
  • Previous Mortgage Transaction Date: Jul 11, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $137,365
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Joliet



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Frequently Asked Questions

What neighborhood is 1016 Pearson Drive located in?
The 1016 Pearson Drive is a located in the neighborhood of Joliet in Joliet, Joliet.
What is the average sales price for listings in 1016 Pearson Drive?
The average sales price for units in 1016 Pearson Drive is $0 currently.

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