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1213 Towpath Lane

1213 Towpath Lane, Wilmington, IL 60481
Property in Wilmington
Sold Jul 11, 2017
$216,000
$209,520 by Wintrust Mortgage
Mortgage Due Jul 01, 2047
Local assessors in Wilmington, IL have categorized 1213 Towpath Lane as a residential type of property. The property's lot size has been calculated to be 41,411 square feet.

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. 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, 1213 Towpath Lane was last sold in Jun 15, 2017 for $216,000. Current property owners are expected to pay $8,814 in taxes per year. The property on 1213 Towpath Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $120,097. To break that down further, the land itself was valued at $23,072. While improvements to the property were assessed at a total of $97,025. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 41,411
  • 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: KANKAKEE FEEDER CANAL SUB
  • Land Acres: 0.95
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 24 IN KANKAKEE FEEDER CANAL SUB, A SUB OF PRT OF THE E1/2 SE1/4 SEC 35, T33N-R9E.

Ownership

  • Current Owner : MCWILLIAMS JIMMIE D
  • Previous Owner : HILL JERRY D
  • Previous Owner 2: ESTATE OF CARL HILL
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883401

Geography

  • Parcel: 03-17-35-404-004
  • Lot: 24
  • Meridian: SEC 35 TWN 33N RNG 09E
  • Municipality: WILMINGTON
  • Latitude: 41.2939
  • Longitude: -88.1516

    Address

  • Full Address: 1213 Towpath Ln
  • Address - House Number: 1213
  • Address - Street Name: Towpath
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wilmington
  • Carrier Code: C004
  • 4-Digit Zip Code: 1554
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,814
  • Tax Rate Code Area: 0302

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 378,708
  • High Value: 436,911
  • Low Value: 320,505

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,520
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 11, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $209,520
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $360,291
  • Market Land Value: $69,216
  • Market Improvement Value: $291,075

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,097
  • Assessed Land Value: $23,072
  • Assessed Improvements Value: $97,025

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Transaction ID: 1589883322
  • Current Sale Price: $216,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017053018

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jul 11, 2017
  • First Mortgage Loan Amount: $209,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

About Wilmington



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Frequently Asked Questions

What neighborhood is 1213 Towpath Lane located in?
The 1213 Towpath Lane is a located in the neighborhood of Wilmington in Wilmington, Wilmington.
What is the average sales price for listings in 1213 Towpath Lane?
The average sales price for units in 1213 Towpath Lane is $0 currently.

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