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1525 Merlin Road

1525 Merlin Road, Bourbonnais, IL 60914
Property in Bourbonnais
Sold Nov 12, 2014
$139,000
$39,000 by Bankfinancial Fsb
Mortgage Due Dec 01, 2024
Local assessors in Bourbonnais, IL have categorized 1525 Merlin Road as a residential type of property. The property's lot size has been calculated to be 10,517 square feet.

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 property was last sold in Nov 10, 2014 for $139,000. 1525 Merlin Road was last assessed in 2023. The total value of the property was assessed at $61,639. Specifically, the land the property is located on was valued at $8,103. While improvements on the property were assessed at a total of $53,536. 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 $3,754. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,517
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMELOT SUB
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: CAMELOT SUB LOT 32 22-31-12E

Ownership

  • Current Owner : MARO RICHARD L
  • Current Owner 2: MARO MARSHA J
  • Previous Owner : GERBERDING KAY A Z
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bradley-Bourbonnais Consolidated High School District 307
  • Census Tract: 010702

Geography

  • District: 17
  • Parcel: 17-09-22-107-032
  • Lot: 32
  • Municipality: BOURBONNAIS
  • Latitude: 41.1619
  • Longitude: -87.8349

    Address

  • Full Address: 1525 Merlin Rd
  • Address - House Number: 1525
  • Address - Street Name: Merlin
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R003
  • 4-Digit Zip Code: 9786
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,754
  • Tax Rate Code Area: 17031

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 220,273
  • High Value: 263,706
  • Low Value: 176,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $39,000
  • First Open Lien Mortgage Lender: BANKFINANCIAL FSB
  • First Open Lien Mortgage Recording Date: Nov 12, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $39,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2024

    Market Valuation

  • Market Total Value: $184,917
  • Market Land Value: $24,309
  • Market Improvement Value: $160,608

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,639
  • Assessed Land Value: $8,103
  • Assessed Improvements Value: $53,536

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2014
  • Current Sale Recording Date: Nov 12, 2014
  • Current Sale Transaction ID: 11710609004
  • Current Sale Price: $139,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANKFINANCIAL FSB
  • First Mortgage Transaction Date: Nov 12, 2014
  • First Mortgage Loan Amount: $39,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2024

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Bradley



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Frequently Asked Questions

What neighborhood is 1525 Merlin Road located in?
The 1525 Merlin Road is a located in the neighborhood of Bourbonnais in Bradley, Bourbonnais.
What is the average sales price for listings in 1525 Merlin Road?
The average sales price for units in 1525 Merlin Road is $0 currently.

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