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1055 Bailey Road

1055 Bailey Road, Sycamore, IL 60178
Property in Cortland
Sold Jul 08, 2021
$310,000
$294,500 by Primelending
Mortgage Due Jun 01, 2051
Sold Jul 12, 2017
$240,000
$195,200 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2047
Local assessors in Sycamore, IL have categorized 1055 Bailey Road as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 12,632 square feet. The linear feet between the front and back of the lot was measured at 1,450 ft and the front of the lot was measured at 880 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 1 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 418 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 1055 Bailey Road sold most recently in May 10, 2021 for a total of $310,000. If you work out the math, that's approximately a cost of $323.25 per sqft. Before that, the property was also sold for $240,000 in Jul 7, 2017. 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 $9,081 in taxes each year. 1055 Bailey Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $108,980. If we break it down further, the land itself was valued at $14,971. Improvements to the property, however, were assessed at a total of $94,009. 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. 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.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: 2017
  • Effective Year Built: 2017
  • Total Rooms: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 880
  • Total Building Area: 959
  • Building Area: 959
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESTON PONDS
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 381 - RESTON PONDS - UNIT 3

Ownership

  • Current Owner : FEUERBACH TJ T
  • Current Owner 2: FEUERBACH ASHLEY A
  • Previous Owner : GREEN CYNTHIA R
  • Previous Owner 2: GREEN RANDALL L
  • Owner Before Previous Owner: SHODEEN HOMES LLC
  • Owner Before Previous Owner 2: GREEN RANDALL L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Sycamore Community Unit School District 427
  • Census Tract: 000600

Geography

  • Account Number: 0905207016
  • District: CO
  • Parcel: 09-05-207-016
  • Lot: 381
  • Municipality: CORTLAND
  • Latitude: 41.9769
  • Longitude: -88.6841

    Address

  • Full Address: 1055 Bailey Rd
  • Legal Unit: 3
  • Address - House Number: 1055
  • Address - Street Name: Bailey
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Sycamore
  • Carrier Code: C007
  • 4-Digit Zip Code: 2924
  • Zip Code: 60178

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,081
  • Tax Rate Code Area: CO10

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 353,498
  • High Value: 418,995
  • Low Value: 288,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,500
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $294,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $326,940
  • Market Land Value: $44,913
  • Market Improvement Value: $282,027

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,980
  • Assessed Land Value: $14,971
  • Assessed Improvements Value: $94,009

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Transaction ID: 11842946772
  • Current Sale Price: $310,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021008844
  • Previous Sale Recording Date: Jul 12, 2017
  • Previous Sale Contract Date: Jul 07, 2017
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jul 08, 2021
  • First Mortgage Loan Amount: $294,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 12, 2017
  • Previous Mortgage Loan Amount: $195,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Sycamore



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Frequently Asked Questions

What neighborhood is 1055 Bailey Road located in?
The 1055 Bailey Road is a located in the neighborhood of Cortland in Sycamore, Sycamore.
What is the average sales price for listings in 1055 Bailey Road?
The average sales price for units in 1055 Bailey Road is $0 currently.

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