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1508 North Richmond Road

1508 North Richmond Road, Mchenry, IL 60050
Property in McHenry
Sold May 27, 2021
$205,500
$199,297 by Crosscountry Mortgage Llc
Mortgage Due Jun 01, 2051
Sold Nov 28, 2017
$172,000
Local assessors in Mchenry, IL have categorized 1508 North Richmond Road as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 8,758 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, 4 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 3 full bathrooms. There are also 4 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 1508 North Richmond Road has a total of 1,244 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 garage for those who need a place to park their vehicle. The garage on the property is 312 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1508 North Richmond Road sold most recently in May 23, 2021 for a total of $205,500. If you work out the math, that's approximately a cost of $82.60 per sqft. Before that, the property was also sold for $172,000 in Nov 16, 2017. 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 $6,654 in taxes each year. 1508 North Richmond Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $76,044. If we break it down further, the land itself was valued at $9,293. Improvements to the property, however, were assessed at a total of $66,751. 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.

Building Features

Exterior

Cedar Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,244
  • Garage Type: Garage
  • Garage Square Area: 312
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,758
  • Lot Size Depth Feet: 1,320
  • Total Building Area: 2,488
  • Building Area: 1,244
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,244
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KELTERS ADDN
  • Land Acres: 0.201
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0029326 LT 3 BLK 2 /EX PT OUT FOR RD PER CIR CT 13ED12/ M KELTERS ADDN

Ownership

  • Current Owner : WOOLLEY CHRISTOPHER C
  • Current Owner 2: WOOLLEY LISA D
  • Previous Owner : SMITH JOEL
  • Owner Before Previous Owner: MACMEEKIN ANDREW E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870604

Geography

  • Parcel: 09-26-402-037
  • Block: 2
  • Lot: 3
  • Municipality: MCHENRY TWP
  • Latitude: 42.3496
  • Longitude: -88.267

    Address

  • Full Address: 1508 N Richmond Rd
  • Address - House Number: 1508
  • Street Direction: N
  • Address - Street Name: Richmond
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mchenry
  • Carrier Code: C015
  • 4-Digit Zip Code: 1410
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,654
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 255,892
  • High Value: 313,489
  • Low Value: 198,295

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $209,297
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $199,297
  • 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
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: May 27, 2021
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $228,132
  • Market Land Value: $27,879
  • Market Improvement Value: $200,253

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,044
  • Assessed Land Value: $9,293
  • Assessed Improvements Value: $66,751

    Sales

  • Current Sale Contract Date: May 23, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836435246
  • Current Sale Price: $205,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0029326
  • Previous Sale Recording Date: Nov 28, 2017
  • Previous Sale Contract Date: Nov 16, 2017
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $199,297
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About McHenry



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Frequently Asked Questions

What neighborhood is 1508 North Richmond Road located in?
The 1508 North Richmond Road is a located in the neighborhood of McHenry in McHenry, Mchenry.
What is the average sales price for listings in 1508 North Richmond Road?
The average sales price for units in 1508 North Richmond Road is $0 currently.

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