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1312 Clearspring Trail

1312 Clearspring Trail, Joliet, IL 60431
Property in Troy
Sold Dec 13, 2021
$310,000
$233,220 by Mortgage Research Center Llc
Mortgage Due Dec 01, 2051
Sold Apr 11, 2019
$270,070
Local assessors in Joliet, IL have categorized 1312 Clearspring Trail as a residential type of property. The property's lot size has been calculated to be 8,868 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, 1312 Clearspring Trail was last sold in Nov 19, 2021 for $310,000. Prior to that sales transaction, the property was sold for $270,070 in Mar 29, 2019. Current property owners are expected to pay $8,542 in taxes per year. The property on 1312 Clearspring Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $98,035. To break that down further, the land itself was valued at $17,919. While improvements to the property were assessed at a total of $80,116. 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. 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.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: 8,868
  • 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: FALL CREEK
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 229 IN FALL CREEK UNIT TWO, PHASE TWO, BEING A SUB OF PRT OF THE NW1/4 OF SEC 5, T35N-R9E.

Ownership

  • Current Owner : BAKER WILLIAM
  • Current Owner 2: BAKER ALANA
  • Previous Owner : ZIMMERMAN RENEE
  • Previous Owner 2: ESTATE OF HOHWARD EARL ZIMMERM
  • Owner Before Previous Owner: D R HORTON INC MIDWEST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883218

Geography

  • Subdivision Phase Number: 2
  • Parcel: 05-06-05-104-045
  • Lot: 229
  • Meridian: SEC 05 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5459
  • Longitude: -88.2335

    Address

  • Full Address: 1312 Clearspring Trl
  • Legal Unit: 2
  • Address - House Number: 1312
  • Address - Street Name: Clearspring
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Joliet
  • Carrier Code: R018
  • 4-Digit Zip Code: 7426
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,542
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1489
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 82
  • Final Value: 368,074
  • High Value: 422,912
  • Low Value: 313,237

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $294,720
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $233,220
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: FIRST BANK OF MANHATTAN
  • Second Open Lien Mortgage Recording Date: Sep 25, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $61,500
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Sep 30, 2028

    Market Valuation

  • Market Total Value: $294,105
  • Market Land Value: $53,757
  • Market Improvement Value: $240,348

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,035
  • Assessed Land Value: $17,919
  • Assessed Improvements Value: $80,116

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Transaction ID: 11873588431
  • Current Sale Price: $310,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: R2021133119
  • Previous Sale Recording Date: Apr 11, 2019
  • Previous Sale Contract Date: Mar 29, 2019
  • Previous Sale Amount: $270,070
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Dec 13, 2021
  • First Mortgage Loan Amount: $233,220
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1312 Clearspring Trail located in?
The 1312 Clearspring Trail is a located in the neighborhood of Troy in Joliet, Joliet.
What is the average sales price for listings in 1312 Clearspring Trail?
The average sales price for units in 1312 Clearspring Trail is $0 currently.

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