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1212 Lantern Lane

1212 Lantern Lane, New Lenox, IL 60451
Property in New Lenox
Sold Dec 21, 2022
$415,000
$400,755 by Stonehaven Mortgage Incorporat
Mortgage Due Jan 01, 2053
Sold Oct 25, 2017
$388,000
$372,099 by Mcs Mortgage Bankers Inc
Mortgage Due Nov 01, 2047
1212 Lantern Lane has been categorized by the local assessors in New Lenox, IL as a residential type of property. The area measurement of the land has been determined as 73,616 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. 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, 1212 Lantern Lane was last sold in Nov 28, 2022 for $415,000. Prior to that sales transaction, the property was sold for $388,000 in Oct 13, 2017. Current property owners are expected to pay $12,617 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1212 Lantern Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $157,259. To break that down further, the land itself was valued at $27,763. While improvements to the property were assessed at a total of $129,496. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 73,616
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN E MANN
  • Land Acres: 1.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THAT PRT OF LOTS 5, 6, 7, IN JOHN E. MANN SUB, OF W1/2 SE1/4 OF SEC. 11, T35N-R11E. DAF: BEG AT NE COR SD LOT 5, THC S 00 DE

Ownership

  • Current Owner : MORADA NICO
  • Current Owner 2: MADULID DIANA
  • Previous Owner : PANEK MICHAEL
  • Owner Before Previous Owner: VALY JOHN
  • Owner Before Previous Owner 2: VALY PAM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881105

Geography

  • Parcel: 15-08-11-401-016
  • Lot: 5-7
  • Meridian: SEC 11 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5297
  • Longitude: -87.9355

    Address

  • Full Address: 1212 Lantern Ln
  • Address - House Number: 1212
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R001
  • 4-Digit Zip Code: 1305
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,617
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 517,288
  • High Value: 592,805
  • Low Value: 441,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,755
  • First Open Lien Mortgage Lender: STONEHAVEN MORTGAGE INCORPORAT
  • First Open Lien Mortgage Recording Date: Dec 21, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $400,755
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $471,777
  • Market Land Value: $83,289
  • Market Improvement Value: $388,488

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $157,259
  • Assessed Land Value: $27,763
  • Assessed Improvements Value: $129,496

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 28, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Transaction ID: 11900124414
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 88121
  • Previous Sale Recording Date: Oct 25, 2017
  • Previous Sale Contract Date: Oct 13, 2017
  • Previous Sale Amount: $388,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STONEHAVEN MORTGAGE INCORPORAT
  • First Mortgage Transaction Date: Dec 21, 2022
  • First Mortgage Loan Amount: $400,755
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MCS MORTGAGE BANKERS INC
  • Previous Mortgage Transaction Date: Oct 25, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $372,099
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Will



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Frequently Asked Questions

What neighborhood is 1212 Lantern Lane located in?
The 1212 Lantern Lane is a located in the neighborhood of New Lenox in Will, New Lenox.
What is the average sales price for listings in 1212 Lantern Lane?
The average sales price for units in 1212 Lantern Lane is $0 currently.

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