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1408 Otter Creek Drive

1408 Otter Creek Drive, Durand, IL 61024
Property in Durand
Sold Aug 03, 2021
$184,000
$172,812 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2051
Sold Dec 13, 2004
$13,500
Buyer
1408 Otter Creek Drive has been categorized by the local assessors in Durand, IL as a residential type of property. The area measurement of the land has been determined as 20,038 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 1408 Otter Creek Drive was last sold in Jul 30, 2021 for $184,000. Prior to that sales transaction, the property was sold for $13,500 in Dec 13, 2004. Current property owners are expected to pay $4,616 in taxes per year. The property on 1408 Otter Creek Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $59,730. To break that down further, the land itself was valued at $5,755. While improvements to the property were assessed at a total of $53,975. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • 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: OTTER CREEK SUB NO 4
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OTTER CREEK SUB NO 4 PT E 1/2 SEC 15-28-10 LOT 108

Ownership

  • Current Owner : GARDUNO ADRIAN
  • Current Owner 2: PATEL ANJALI
  • Previous Owner : CHRISTOPHER MCCALLIPS
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Durand Community Unit School District 322
  • Census Tract: 004100

Geography

  • Parcel: 05-15-278-009
  • Lot: 108
  • Meridian: SEC 15 TWN 28 RANGE 10
  • Municipality: DURAND
  • Latitude: 42.4271
  • Longitude: -89.3248

    Address

  • Full Address: 1408 Otter Creek Dr
  • Address - House Number: 1408
  • Address - Street Name: Otter Creek
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Durand
  • Carrier Code: R021
  • 4-Digit Zip Code: 9006
  • Zip Code: 61024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,616
  • Tax Rate Code Area: 233

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 235,441
  • High Value: 284,580
  • Low Value: 186,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,812
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Loan Amount: $172,812
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $179,190
  • Market Land Value: $17,265
  • Market Improvement Value: $161,925

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,730
  • Assessed Land Value: $5,755
  • Assessed Improvements Value: $53,975

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11849394321
  • Current Sale Price: $184,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 27239
  • Previous Sale Recording Date: Dec 13, 2004
  • Previous Sale Contract Date: Dec 13, 2004
  • Previous Sale Amount: $13,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $172,812
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

About Durand



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Frequently Asked Questions

What neighborhood is 1408 Otter Creek Drive located in?
The 1408 Otter Creek Drive is a located in the neighborhood of Durand in Durand, Durand.
What is the average sales price for listings in 1408 Otter Creek Drive?
The average sales price for units in 1408 Otter Creek Drive is $0 currently.

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