Check Availability

1525 Woodlawn Road

1525 Woodlawn Road, Lee, IL 60530
Property in Alto
Sold Dec 01, 2017
$30,000
$45,000 by First National Bank Amboy
Mortgage Due Nov 30, 2027
Sold Mar 24, 2017
$548,000
Local assessors in Lee, IL have categorized 1525 Woodlawn Road as a residential type of property. The home was built in 1888 and is 136 years old. The property's lot size has been calculated to be 87,120 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1525 Woodlawn Road has a total of 2,196 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. Lots of brick were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1525 Woodlawn Road was last sold in Nov 30, 2017 for $30,000. According to our calculations, that's $13.66 per sqft. Prior to that sales transaction, the property was sold for $548,000 in Mar 23, 2017. Current property owners are expected to pay $3,146 in taxes per year. The property on 1525 Woodlawn Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $48,368. To break that down further, the land itself was valued at $9,787. While improvements to the property were assessed at a total of $38,581. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,196
  • Gross Building Area: 2,196
  • Building Area: 2,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SEC35 TWP39 RNG2 PT EH SEQ

Ownership

  • Current Owner : OLESON DEREK O
  • Current Owner 2: OLESON MELANINE E
  • Previous Owner : OLESON FARM LLC
  • Owner Before Previous Owner: OLESON FARM LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian Creek Community Unit District 425
  • Census Tract: 000100

Geography

  • Account Number: 145604
  • District: 01
  • Parcel: 01-06-35-400-004
  • Meridian: SEC 35 TWN 39 RNG 02
  • Municipality: ALTO
  • Latitude: 41.8079
  • Longitude: -88.9614

    Address

  • Full Address: 1525 Woodlawn Rd
  • Address - House Number: 1525
  • Address - Street Name: Woodlawn
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lee
  • Carrier Code: R003
  • 4-Digit Zip Code: 9629
  • Zip Code: 60530

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,146
  • Tax Rate Code Area: 01007

    Appraisal Valuation

  • Standard Deviation: 0.4468
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 86
  • Final Value: 179,000
  • High Value: 206,000
  • Low Value: 156,000

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $123,347
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK AMBOY
  • First Open Lien Mortgage Recording Date: Dec 01, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $45,000
  • 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: Nov 30, 2027
  • Second Open Lien Mortgage Lender: NEW AMERICAN FUNDING
  • Second Open Lien Mortgage Recording Date: Jan 16, 2024
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $78,347
  • 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: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Market Valuation

  • Market Total Value: $145,104
  • Market Land Value: $29,361
  • Market Improvement Value: $115,743

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,368
  • Assessed Land Value: $9,787
  • Assessed Improvements Value: $38,581

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2017
  • Current Sale Recording Date: Dec 01, 2017
  • Current Sale Transaction ID: 11331552366
  • Current Sale Price: $30,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201705130
  • Previous Sale Recording Date: Mar 24, 2017
  • Previous Sale Contract Date: Mar 23, 2017
  • Previous Sale Amount: $548,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK AMBOY
  • First Mortgage Transaction Date: Dec 01, 2017
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 30, 2027

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lee



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1525 Woodlawn Road located in?
The 1525 Woodlawn Road is a located in the neighborhood of Alto in Lee, Lee.
What is the average sales price for listings in 1525 Woodlawn Road?
The average sales price for units in 1525 Woodlawn Road is $0 currently.

Quantcast