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10611 Banyan Drive

10611 Banyan Drive, Machesney Park, IL 61115
Property in Harlem
Sold May 06, 2019
$140,500
$137,857 by Platinum Home Mortgage Corpora
Mortgage Due Jun 01, 2049
Sold Jul 01, 2002
$102,000
10611 Banyan Drive in Machesney Park, IL was first built in 1978 and is 46 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 ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 10611 Banyan Drive has 1,153 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. The linear feet across the front of the lot is 1,010 ft and the linear feet between the front and back of the lot is 1,830. In total, the area measurement of the land is 18,171 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 garage. The garage is 524 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of concrete. As for heating, the home is utilizing a gas heating system and being fueled with gas. 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, 10611 Banyan Drive was last sold in May 3, 2019 for $140,500. According to our calculations, that's $121.86 per sqft. Prior to that sales transaction, the property was sold for $102,000 in Jul 1, 2002. Current property owners are expected to pay $4,111 in taxes per year. The property on 10611 Banyan Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $49,987. To break that down further, the land itself was valued at $6,193. While improvements to the property were assessed at a total of $43,794. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,153
  • Garage Type: Garage
  • Garage Square Area: 524
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,171
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 1,153
  • Gross Building Area: 1,153
  • Building Area: 1,153
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,153
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAT 2 THE CEDARS SUB
  • Land Acres: 0.417
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT 2 THE CEDARS SUB IN PT SW 1/4 SW1/4 NW 1/4 & PT W 1/2 W 1/2 SW 1/4 SEC 17-45-2 LOT 028

Ownership

  • Current Owner : MORRISON THOMAS
  • Current Owner 2: MORRISON DEBRA J
  • Previous Owner : ROGER EDWARDS
  • Previous Owner 2: ROGER ELSIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 003805

Geography

  • Account Number: 125C078
  • Parcel: 08-17-304-011
  • Lot: 02
  • Meridian: SEC 17 TWN 45 RANGE 2
  • Municipality: HARLEM
  • Latitude: 42.3734
  • Longitude: -89.0372

    Address

  • Full Address: 10611 Banyan Dr
  • Address - House Number: 10611
  • Address - Street Name: Banyan
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Machesney Park
  • Carrier Code: C016
  • 4-Digit Zip Code: 1425
  • Zip Code: 61115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,111
  • Tax Rate Code Area: 137

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 217,541
  • High Value: 265,978
  • Low Value: 169,104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,857
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORPORA
  • First Open Lien Mortgage Recording Date: May 06, 2019
  • First Open Lien Mortgage Loan Amount: $137,857
  • 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: Jun 01, 2049

    Market Valuation

  • Market Total Value: $149,961
  • Market Land Value: $18,579
  • Market Improvement Value: $131,382

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,987
  • Assessed Land Value: $6,193
  • Assessed Improvements Value: $43,794

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2019
  • Current Sale Recording Date: May 06, 2019
  • Current Sale Transaction ID: 11755587893
  • Current Sale Price: $140,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20191015667
  • Previous Sale Recording Date: Jul 01, 2002
  • Previous Sale Contract Date: Jul 01, 2002
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORPORA
  • First Mortgage Transaction Date: May 06, 2019
  • First Mortgage Loan Amount: $137,857
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

About Machesney Park



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Frequently Asked Questions

What neighborhood is 10611 Banyan Drive located in?
The 10611 Banyan Drive is a located in the neighborhood of Harlem in Machesney Park, Machesney Park.
What is the average sales price for listings in 10611 Banyan Drive?
The average sales price for units in 10611 Banyan Drive is $0 currently.

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