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1516 Plum Lane

1516 Plum Lane, Westmont, IL 60559
Property in Downers Grove
Sold Sep 20, 2022
$243,000
Sold Aug 12, 2020
$196,500
$192,842 by Guaranteed Rate Affinity Llc
Mortgage Due Sep 01, 2050
1516 Plum Lane in Westmont, IL was first built in 1986 and is 38 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1516 Plum Lane has 1,400 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 2,178 square feet.

Learn more about the property and building on this page. The property was last sold in Sep 6, 2022 for $243,000. That's $173.57 per sqft. Prior to that sales transaction, the property was also sold in Aug 7, 2020 for $196,500. 1516 Plum Lane was last assessed in 2022. The total value of the property was assessed at $65,340. Specifically, the land the property is located on was valued at $14,240. While improvements on the property were assessed at a total of $51,100. 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 $4,158. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORCHARD GATE SUB
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORCHARD GATE SUB ALL

Ownership

  • Current Owner : YU BIN
  • Current Owner 2: LI YICHEN
  • Previous Owner : DELA PAZ DEANNA M
  • Owner Before Previous Owner: SINGER ADAM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Maercker School District 60
  • School Tax School District: WESTMONT
  • Census Tract: 845506

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3145-A6
  • Parcel: 09-21-221-016
  • Lot: 114
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7676
  • Longitude: -87.9783

    Address

  • Full Address: 1516 Plum Ln
  • Address - House Number: 1516
  • Address - Street Name: Plum
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Westmont
  • Carrier Code: C035
  • 4-Digit Zip Code: 3472
  • Zip Code: 60559

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,158
  • Tax Rate Code Area: 9004

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 263,051
  • High Value: 307,744
  • Low Value: 218,358

    Market Valuation

  • Market Total Value: $196,020
  • Market Land Value: $42,720
  • Market Improvement Value: $153,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,340
  • Assessed Land Value: $14,240
  • Assessed Improvements Value: $51,100

    Sales

  • Current Sale Contract Date: Sep 06, 2022
  • Current Sale Recording Date: Sep 20, 2022
  • Current Sale Transaction ID: 11896293049
  • Current Sale Price: $243,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 86877
  • Previous Sale Recording Date: Aug 12, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $196,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • Previous Mortgage Transaction Date: Aug 12, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $192,842
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Westmont



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Frequently Asked Questions

What neighborhood is 1516 Plum Lane located in?
The 1516 Plum Lane is a located in the neighborhood of Downers Grove in Westmont, Westmont.
What is the average sales price for listings in 1516 Plum Lane?
The average sales price for units in 1516 Plum Lane is $0 currently.

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