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1319 Park Drive

1319 Park Drive, Montgomery, IL 60538
Property in Aurora
Sold Nov 21, 2013
$120,000
$140,800 by Mutual Of Omaha Mortgage Inc
Mortgage Due Aug 01, 2052
Local assessors in Montgomery, IL have categorized 1319 Park Drive as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 9,450 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1319 Park Drive has a total of 1,808 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 418 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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, 1319 Park Drive sold most recently in Oct 25, 2013 for a total of $120,000. If you work out the math, that's approximately a cost of $53.91 per sqft. 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 $3,712 in taxes each year. 1319 Park Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $61,492. If we break it down further, the land itself was valued at $13,031. Improvements to the property, however, were assessed at a total of $48,461. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Split level
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,450
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,226
  • Gross Building Area: 2,226
  • Building Area: 1,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKVIEW ESTATES
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK VIEW ESTATES SUBDN UNIT 1 LOT 7 LOT DIMENSIONS: 70 X 135 APPROX LOT SQ FT 9450 SUBDIVISION: PARKVIEW ESTATES RANGE CODE: 001

Ownership

  • Current Owner : HEREDIA VELIA
  • Previous Owner : ANDRESEN ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854401

Geography

  • Parcel: 15-35-306-008
  • Lot: 7
  • Municipality: AURORA
  • Latitude: 41.7294
  • Longitude: -88.2956

    Address

  • Full Address: 1319 Park Dr
  • Legal Unit: 1-7
  • Address - House Number: 1319
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Montgomery
  • Carrier Code: C002
  • 4-Digit Zip Code: 1855
  • Zip Code: 60538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,712
  • Tax Rate Code Area: AU038

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 259,384
  • High Value: 298,415
  • Low Value: 220,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,800
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 19, 2022
  • First Open Lien Mortgage Loan Amount: $140,800
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $184,550
  • Market Land Value: $39,109
  • Market Improvement Value: $145,441

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,492
  • Assessed Land Value: $13,031
  • Assessed Improvements Value: $48,461

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 25, 2013
  • Current Sale Recording Date: Nov 21, 2013
  • Current Sale Transaction ID: 1090703418
  • Current Sale Price: $120,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2013K082275

    Last Sale Mortgage

  • First Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • First Mortgage Transaction Date: Nov 21, 2013
  • First Mortgage Loan Amount: $117,826
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2043

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Frequently Asked Questions

What neighborhood is 1319 Park Drive located in?
The 1319 Park Drive is a located in the neighborhood of Aurora in Montgomery, Montgomery.
What is the average sales price for listings in 1319 Park Drive?
The average sales price for units in 1319 Park Drive is $0 currently.

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