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1490 Widows Road

1490 Widows Road, Wilmington, IL 60481
Property in Wilmington
Sold Jul 06, 2017
$138,000
$88,000 by Bay Equity Llc
Mortgage Due Jul 01, 2047
Sold Aug 24, 1994
$117,000
This has been categorized as a residential property type. In total, the area measurement of the land is 18,972 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, 1490 Widows Road sold most recently in Jun 24, 2017 for a total of $138,000. Before that, the property was also sold for $117,000 in Aug 1, 1994. 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 $3,004 in taxes each year. 1490 Widows Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $57,308. If we break it down further, the land itself was valued at $12,918. Improvements to the property, however, were assessed at a total of $44,390. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,972
  • 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: T J OBRIENS
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 34 IN TJ O'BRIENS SUB UNIT 1, A SUB OF PRT OF THE SW1/4 SEC 23, T33N-R9E.

Ownership

  • Current Owner : BURKETT JAMES
  • Current Owner 2: BURKETT RUTH N
  • Previous Owner : LEROY MINNIE M
  • Owner Before Previous Owner: HOUSTON CHARLES L
  • Owner Before Previous Owner 2: HOUSTON LISA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883402

Geography

  • Parcel: 03-17-23-306-005
  • Lot: 34
  • Meridian: SEC 23 TWN 33N RNG 09E
  • Municipality: WILMINGTON
  • Latitude: 41.3198
  • Longitude: -88.1669

    Address

  • Full Address: 1490 Widows Rd
  • Legal Unit: 1
  • Address - House Number: 1490
  • Address - Street Name: Widows
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wilmington
  • Carrier Code: R004
  • 4-Digit Zip Code: 9393
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,004
  • Tax Rate Code Area: 0302

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 216,755
  • High Value: 254,435
  • Low Value: 179,076

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $114,750
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Jul 06, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $88,000
  • 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: Jul 01, 2047
  • Second Open Lien Mortgage Lender: SPRING EQ LLC
  • Second Open Lien Mortgage Recording Date: Mar 21, 2019
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $26,750
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2039

    Market Valuation

  • Market Total Value: $171,924
  • Market Land Value: $38,754
  • Market Improvement Value: $133,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,308
  • Assessed Land Value: $12,918
  • Assessed Improvements Value: $44,390

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2017
  • Current Sale Recording Date: Jul 06, 2017
  • Current Sale Transaction ID: 1589638316
  • Current Sale Price: $138,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017051959
  • Previous Sale Recording Date: Aug 24, 1994
  • Previous Sale Contract Date: Aug 01, 1994
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Jul 06, 2017
  • First Mortgage Loan Amount: $88,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Wilmington



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Frequently Asked Questions

What neighborhood is 1490 Widows Road located in?
The 1490 Widows Road is a located in the neighborhood of Wilmington in Wilmington, Wilmington.
What is the average sales price for listings in 1490 Widows Road?
The average sales price for units in 1490 Widows Road is $0 currently.

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