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15 Oxford Drive

15 Oxford Drive, Lincolnshire, IL 60069
Property in Lincoln Shire
Sold Jun 21, 2021
$478,000
$300,000 by Home Point Financial Corporati
Mortgage Due Jun 01, 2051
Sold Aug 19, 2009
$428,000
$384,750 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2039
Local assessors in Lincolnshire, IL have categorized 15 Oxford 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 20,909 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 15 Oxford Drive has a total of 2,108 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 16, 2021 for $478,000. That's $179.70 per sqft. Prior to that sales transaction, the property was also sold in Jul 13, 2009 for $428,000. 15 Oxford Drive was last assessed in 2023. The total value of the property was assessed at $144,982. Specifically, the land the property is located on was valued at $67,208. While improvements on the property were assessed at a total of $77,774. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,553. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 2,660
  • Gross Building Area: 2,864
  • Building Area: 2,108
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,108
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LINCOLNSHIRE UNIT 7
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLNSHIRE UNIT 7;LT 4 BLK 17 (EX TH PT LYG W OF LN DRWN F RM PNT ON S LN 9E OF SW COR TO PNT ON W LN 71.63N OF SW CO R LT 4)& PT LT 3 LYG E OF LN DRWN FRM PNT ON LN SD LT 9W OF

Ownership

  • Current Owner : RYU YONG CHUL
  • Current Owner 2: RYU HIESEON
  • Previous Owner : SOMANI CHANDRA P
  • Previous Owner 2: SOMANI KIRTI
  • Owner Before Previous Owner: LANGE WILLIAM H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincolnshire-Prairieview School District 103
  • Census Tract: 864522

Geography

  • District: VERNON
  • Parcel: 15-23-210-006
  • Block: 17
  • Lot: 4
  • Municipality: TWP OF VERNON
  • Latitude: 42.1931
  • Longitude: -87.9088

    Address

  • Full Address: 15 Oxford Dr
  • Legal Unit: 7
  • Address - House Number: 15
  • Address - Street Name: Oxford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lincolnshire
  • Carrier Code: C004
  • 4-Digit Zip Code: 3140
  • Zip Code: 60069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,553
  • Tax Rate Code Area: 16023

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 578,602
  • High Value: 666,280
  • Low Value: 490,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $434,989
  • Market Land Value: $201,644
  • Market Improvement Value: $233,345

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,982
  • Assessed Land Value: $67,208
  • Assessed Improvements Value: $77,774

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11846897161
  • Current Sale Price: $478,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7800482
  • Previous Sale Recording Date: Aug 19, 2009
  • Previous Sale Contract Date: Jul 13, 2009
  • Previous Sale Amount: $428,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Aug 19, 2009
  • Previous Mortgage Loan Amount: $384,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Lincoln Shire



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Frequently Asked Questions

What neighborhood is 15 Oxford Drive located in?
The 15 Oxford Drive is a located in the neighborhood of Lincoln Shire in Lincoln Shire, Lincolnshire.
What is the average sales price for listings in 15 Oxford Drive?
The average sales price for units in 15 Oxford Drive is $0 currently.

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