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12647 187th Street

12647 187th Street, Mokena, IL 60448
Property in New Lenox
Sold Dec 07, 2023
$495,000
Sold Jul 01, 2021
$419,900
$398,905 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2051
This has been categorized as a residential property type. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12647 187th Street sold most recently in Nov 1, 2023 for a total of $495,000. Before that, the property was also sold for $419,900 in Jun 2, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,085 in taxes each year. 12647 187th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $102,105. If we break it down further, the land itself was valued at $29,743. Improvements to the property, however, were assessed at a total of $72,362. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 43,560
  • 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
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IN THE W 123 FT (EX W 9.58 FT) IF THE E 542 FT OF N 355 FT OF THE NW1/4 OF THE SW1/4 OF SEC 1 T35N R11E.

Ownership

  • Current Owner : WARD ADAM
  • Current Owner 2: WARD LAUREN
  • Previous Owner : KOPEC STEVEN R
  • Previous Owner 2: KOPEC JENNIFER A
  • Owner Before Previous Owner: THOMAS WESLEY A
  • Owner Before Previous Owner 2: MACDONALD DORIS M
  • 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: 15-08-01-301-001
  • Meridian: SEC 01 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5485
  • Longitude: -87.9253

    Address

  • Full Address: 12647 187th St
  • Address - House Number: 12647
  • Address - Street Name: 187th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mokena
  • Carrier Code: R042
  • 4-Digit Zip Code: 8277
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,085
  • Tax Rate Code Area: 1510

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 500,369
  • High Value: 543,789
  • Low Value: 456,948

    Market Valuation

  • Market Total Value: $306,315
  • Market Land Value: $89,229
  • Market Improvement Value: $217,086

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,105
  • Assessed Land Value: $29,743
  • Assessed Improvements Value: $72,362

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2023
  • Current Sale Recording Date: Dec 07, 2023
  • Current Sale Transaction ID: 11917749751
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 63993
  • Previous Sale Recording Date: Jul 01, 2021
  • Previous Sale Contract Date: Jun 02, 2021
  • Previous Sale Amount: $419,900
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jul 01, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $398,905
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About Will



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Frequently Asked Questions

What neighborhood is 12647 187th Street located in?
The 12647 187th Street is a located in the neighborhood of New Lenox in Will, Mokena.
What is the average sales price for listings in 12647 187th Street?
The average sales price for units in 12647 187th Street is $0 currently.

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