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1120 Newcastle Lane

1120 Newcastle Lane, Aurora, IL 60506
Property in Edgelawn Randall
Sold Jan 07, 2011
$172,000
$138,000 by Ottawa Savings Bank
Mortgage Due Sep 01, 2035
Sold May 17, 2010
Transfer
1120 Newcastle Lane in Aurora, IL was first built in 1997 and is 27 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 unknown style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1120 Newcastle Lane has 2,202 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 16,988 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 220 sqft. There is one available parking space. 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 exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 1120 Newcastle Lane was last sold in Oct 6, 2010 for $172,000. According to our calculations, that's $51.84 per sqft. Current property owners are expected to pay $8,318 in taxes per year. The property on 1120 Newcastle Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $102,465. To break that down further, the land itself was valued at $17,292. While improvements to the property were assessed at a total of $85,173. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 896
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 3,318
  • Gross Building Area: 3,318
  • Building Area: 2,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,202
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON LAKES SUB
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 IN KENSINGTON LAKES SUB UNIT 1

Ownership

  • Current Owner : MOLLOY BRIAN P
  • Current Owner 2: VANDERBILT MARY D
  • Previous Owner : HOUSEHOLD FINANCE CORPORATION III
  • Owner Before Previous Owner: DOWNS ROBERT A
  • Owner Before Previous Owner 2: DOWNS MARIA I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853006

Geography

  • Parcel: 15-17-127-006
  • Lot: 17
  • Municipality: AURORA
  • Latitude: 41.7789
  • Longitude: -88.3526

    Address

  • Full Address: 1120 Newcastle Ln
  • Legal Unit: 1
  • Address - House Number: 1120
  • Address - Street Name: Newcastle
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Aurora
  • Carrier Code: C049
  • 4-Digit Zip Code: 1987
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,318
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 367,368
  • High Value: 424,901
  • Low Value: 309,834

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,000
  • First Open Lien Mortgage Lender: OTTAWA SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $138,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $307,518
  • Market Land Value: $51,897
  • Market Improvement Value: $255,621

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,465
  • Assessed Land Value: $17,292
  • Assessed Improvements Value: $85,173

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2010
  • Current Sale Recording Date: Jan 07, 2011
  • Current Sale Transaction ID: 1178278817
  • Current Sale Price: $172,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2011K001932
  • Previous Sale Recording Date: May 17, 2010
  • Previous Sale Contract Date: Mar 18, 2010
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Jan 07, 2011
  • First Mortgage Loan Amount: $167,639
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2041

About Edgelawn Randall



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Frequently Asked Questions

What neighborhood is 1120 Newcastle Lane located in?
The 1120 Newcastle Lane is a located in the neighborhood of Edgelawn Randall in Edgelawn Randall, Aurora.
What is the average sales price for listings in 1120 Newcastle Lane?
The average sales price for units in 1120 Newcastle Lane is $0 currently.

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