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1356 Independence Avenue

1356 Independence Avenue, Elburn, IL 60119
House in Blackberry
Sold Sep 22, 2022
$490,000
Sold Aug 13, 2020
$385,500
$406,112 by Home Point Financial Corporati
Mortgage Due Sep 01, 2050
This has been categorized as a residential property type. In total, the area measurement of the land is 10,042 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, 1356 Independence Avenue sold most recently in Sep 14, 2022 for a total of $490,000. Before that, the property was also sold for $385,500 in Aug 11, 2020. 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 $12,559 in taxes each year. 1356 Independence Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $138,046. If we break it down further, the land itself was valued at $14,217. Improvements to the property, however, were assessed at a total of $123,829. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Condition

New Construction

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
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: 10,042
  • 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: BLACKBERRY CREEK SUB
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLACKBERRY CREEK SUB UNIT NO 12 LT 1081

Ownership

  • Current Owner : HANSEN SHERMAN L
  • Current Owner 2: HANSEN CYNTHIA K
  • Previous Owner : LYNAUGH PAUL A
  • Previous Owner 2: LYNAUGH KAREN M
  • Owner Before Previous Owner: SHODDEN HOMES LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854507

Geography

  • Parcel: 11-09-354-007
  • Lot: 1081
  • Municipality: BLACKBERRY
  • Latitude: 41.8696
  • Longitude: -88.4486

    Address

  • Full Address: 1356 Independence Ave
  • Legal Unit: 12
  • Address - House Number: 1356
  • Address - Street Name: Independence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elburn
  • Carrier Code: R003
  • 4-Digit Zip Code: 7813
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,559
  • Tax Rate Code Area: BB030

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 532,176
  • High Value: 605,373
  • Low Value: 458,980

    Market Valuation

  • Market Total Value: $414,304
  • Market Land Value: $42,668
  • Market Improvement Value: $371,636

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $138,046
  • Assessed Land Value: $14,217
  • Assessed Improvements Value: $123,829

    Sales

  • Current Sale Contract Date: Sep 14, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Transaction ID: 11896341994
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 47225
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Aug 11, 2020
  • Previous Sale Amount: $385,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 22, 2022
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • Previous Mortgage Transaction Date: Aug 13, 2020
  • Previous Mortgage Loan Amount: $406,112
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Elburn



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1356 Independence Avenue located in?
The 1356 Independence Avenue is a house located in the neighborhood of Blackberry in Elburn, Elburn.
What is the average sales price for listings in 1356 Independence Avenue?
The average sales price for units in 1356 Independence Avenue is $399,900 , or $169/sqft. currently.

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