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1408 Martin Court

1408 Martin Court, Plainfield, IL 60586
House in Troy
Sold Oct 25, 2018
$255,000
$204,000 by Bay Equity Llc
Mortgage Due Nov 01, 2048
Sold Jul 18, 2000
$178,000
$108,806 by First National Bank Of Joliet
Mortgage Due Aug 01, 2030
1408 Martin Court in Plainfield, IL was first built in 2000 and is 24 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1408 Martin Court has 1,983 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. The basement is 975 sqft and has been categorized as a full basement. In total, the area measurement of the land is 15,564 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of asphalt. For those who need parking, there is a mixed used garage. The garage is 448 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1408 Martin Court was last sold in Oct 1, 2018 for $255,000. According to our calculations, that's $128.59 per sqft. Prior to that sales transaction, the property was sold for $178,000 in Jul 14, 2000. Current property owners are expected to pay $8,090 in taxes per year. The property on 1408 Martin Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $93,164. To break that down further, the land itself was valued at $14,961. While improvements to the property were assessed at a total of $78,203. 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

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 975
  • Garage Type: Mixed use
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 15,564
  • Total Building Area: 1,983
  • Building Area: 1,983
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,983
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAGLE RIDGE UNIT 2
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 78 IN EAGLE RIDGE UNIT 2, A SUB OF PRT OF THE NE 1/4 OF SEC 5, T35N-R9E.

Ownership

  • Current Owner : MCGOWAN SEAN C
  • Previous Owner : SCHULTZ ARTHUR J
  • Previous Owner 2: SCHULTZ NANCY N
  • Owner Before Previous Owner: PHOENIX DEVELOPERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 05-06-05-202-029
  • Lot: 78
  • Meridian: SEC 05 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5475
  • Longitude: -88.2208

    Address

  • Full Address: 1408 Martin Ct
  • Legal Unit: 2
  • Address - House Number: 1408
  • Address - Street Name: Martin
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R032
  • 4-Digit Zip Code: 5089
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,090
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 352,492
  • High Value: 406,872
  • Low Value: 298,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Oct 25, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $204,000
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $279,492
  • Market Land Value: $44,883
  • Market Improvement Value: $234,609

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,164
  • Assessed Land Value: $14,961
  • Assessed Improvements Value: $78,203

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2018
  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Transaction ID: 11527472737
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2018075175
  • Previous Sale Recording Date: Jul 18, 2000
  • Previous Sale Contract Date: Jul 14, 2000
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Oct 25, 2018
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF JOLIET
  • Previous Mortgage Transaction Date: Jul 18, 2000
  • Previous Mortgage Loan Amount: $108,806
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2030

About Joliet



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Frequently Asked Questions

What neighborhood is 1408 Martin Court located in?
The 1408 Martin Court is a house located in the neighborhood of Troy in Joliet, Plainfield.
What is the average sales price for listings in 1408 Martin Court?
The average sales price for units in 1408 Martin Court is $0 currently.

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