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1225 Thomas Drive

1225 Thomas Drive, West Chicago, IL 60185
Property in Wayne
Sold Oct 25, 2016
$286,000
$228,800 by Wintrust Mortgage
Mortgage Due Oct 01, 2046
Sold Jul 06, 2007
$400,000
$310,000 by First Bank & Trust
Mortgage Due Aug 01, 2012
1225 Thomas Drive in West Chicago, IL was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. 1225 Thomas Drive has 3,100 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 11,761 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a garage. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. 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, 1225 Thomas Drive was last sold in Sep 10, 2016 for $286,000. According to our calculations, that's $92.26 per sqft. Prior to that sales transaction, the property was sold for $400,000 in Jul 5, 2007. Current property owners are expected to pay $11,176 in taxes per year. The property on 1225 Thomas Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $124,820. To break that down further, the land itself was valued at $32,620. While improvements to the property were assessed at a total of $92,200. 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

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 3,100
  • Building Area: 3,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOW CREEK UNIT 2B
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLOW CREEK UNIT 2B ALL

Ownership

  • Current Owner : BALGEMAN PHILIP D
  • Current Owner 2: BALGEMAN RITA C
  • Previous Owner : VELAZQUEZ OSCAR
  • Previous Owner 2: CONAWAY KIMBERLY A
  • Owner Before Previous Owner: CONAWAY JAMES M
  • Owner Before Previous Owner 2: CONAWAY ARLENE F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841312

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3022-B1
  • Parcel: 01-33-305-003
  • Lot: 102
  • Municipality: WAYNE
  • Latitude: 41.9058
  • Longitude: -88.2139

    Address

  • Full Address: 1225 Thomas Dr
  • Legal Unit: 2
  • Address - House Number: 1225
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: West Chicago
  • Carrier Code: R007
  • 4-Digit Zip Code: 5064
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,176
  • Tax Rate Code Area: 1007

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 493,317
  • High Value: 578,516
  • Low Value: 408,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,800
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 25, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $228,800
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $374,460
  • Market Land Value: $97,860
  • Market Improvement Value: $276,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,820
  • Assessed Land Value: $32,620
  • Assessed Improvements Value: $92,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 10, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1846449092
  • Current Sale Price: $286,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2016-117706
  • Previous Sale Recording Date: Jul 06, 2007
  • Previous Sale Contract Date: Jul 05, 2007
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $228,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK & TRUST
  • Previous Mortgage Transaction Date: Jul 06, 2007
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $310,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2012

About West Chicago



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1225 Thomas Drive located in?
The 1225 Thomas Drive is a located in the neighborhood of Wayne in West Chicago, West Chicago.
What is the average sales price for listings in 1225 Thomas Drive?
The average sales price for units in 1225 Thomas Drive is $0 currently.

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