1503 Lakewood Drive

1503 Lakewood Drive has been categorized by the local assessors in Mendota, IL as a residential type of property. The building on the property was first built in 1962 and is 62 years old. In addition, 1503 Lakewood Drive has 1,361 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,148 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. 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, 1503 Lakewood Drive sold most recently in Nov 7, 2018 for a total of $127,000. If you work out the math, that's approximately a cost of $93.31 per sqft. 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 $4,042 in taxes each year. 1503 Lakewood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $50,699. If we break it down further, the land itself was valued at $6,098. Improvements to the property, however, were assessed at a total of $44,601. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.