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1518 Sequoia Lane

1518 Sequoia Lane, Darien, IL 60561
Property in Downers Grove
Sold Sep 08, 2005
$285,000
$304,000 by Home Mortgage Inc
Mortgage Due Aug 01, 2037
Local assessors in Darien, IL have categorized 1518 Sequoia Lane as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 10,454 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 2 full bathrooms. There are also 2 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 1518 Sequoia Lane has a total of 1,794 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. 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 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1518 Sequoia Lane sold most recently in Aug 31, 2005 for a total of $285,000. If you work out the math, that's approximately a cost of $158.86 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 $6,246 in taxes each year. 1518 Sequoia Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $96,400. If we break it down further, the land itself was valued at $37,760. Improvements to the property, however, were assessed at a total of $58,640. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,794
  • Gross Building Area: 1,794
  • Building Area: 1,794
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,794
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BROOKHAVEN MANOR
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BROOKHAVEN MANOR

Ownership

  • Current Owner : STEVENS ROSLYN M
  • Previous Owner : PLOWMAN KEITH
  • Previous Owner 2: PLOWMAN JODY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DARIEN-WOODRIDG
  • Census Tract: 845810

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 3207-A2
  • Parcel: 09-28-400-013
  • Lot: 237
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7496
  • Longitude: -87.9821

    Address

  • Full Address: 1518 Sequoia Ln
  • Address - House Number: 1518
  • Address - Street Name: Sequoia
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Darien
  • Carrier Code: C042
  • 4-Digit Zip Code: 4426
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,246
  • Tax Rate Code Area: 9165

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 380,253
  • High Value: 439,084
  • Low Value: 321,421

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $349,000
  • First Open Lien Mortgage Lender: HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 09, 2007
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2037
  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Oct 03, 2023
  • Second Open Lien Mortgage Loan Amount: $45,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2043

    Market Valuation

  • Market Total Value: $289,200
  • Market Land Value: $113,280
  • Market Improvement Value: $175,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,400
  • Assessed Land Value: $37,760
  • Assessed Improvements Value: $58,640

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2005
  • Current Sale Recording Date: Sep 08, 2005
  • Current Sale Transaction ID: 1074985426
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2005-197422

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Sep 08, 2005
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 1518 Sequoia Lane located in?
The 1518 Sequoia Lane is a located in the neighborhood of Downers Grove in Darien, Darien.
What is the average sales price for listings in 1518 Sequoia Lane?
The average sales price for units in 1518 Sequoia Lane is $0 currently.

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