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1562 Salem Court

1562 Salem Court, Geneva, IL 60134
Property in Geneva
1562 Salem Court in Geneva, IL was first built in 1991 and is 33 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 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. 1562 Salem Court has 1,447 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. In total, the area measurement of the land is 749 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a garage. There is one available parking space. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in May 22, 2021 for $230,000. That's $104.74 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2007 for $208,000. 1562 Salem Court was last assessed in 2022. The total value of the property was assessed at $60,698. Specifically, the land the property is located on was valued at $7,850. While improvements on the property were assessed at a total of $52,848. 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 $4,567. 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. 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.

Building Features

Exterior

Aluminum Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210406
04/06/2021
2 Bed
3.5 Bath
1442 ft²
$230,000
bedrooms
2 Bed
bathrooms
3.5 Bath
square feet
1442 ft²
$230,000
05/27/2021
Anne Coniglione

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 749
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 749
  • Total Building Area: 2,196
  • Gross Building Area: 2,196
  • Building Area: 1,447
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,447
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHESAPEAKE COMMONS TWNHMS #2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRT LOT 13 CHESAPEAK CMMNS TWNHM UNIT 2

Ownership

  • Current Owner : REDEKER GRACE
  • Previous Owner : BRENNAN STEPHANIE
  • Previous Owner 2: DRAYER STEPHANIE
  • Owner Before Previous Owner: STLOUKAL ANTHONY
  • Owner Before Previous Owner 2: STLOUKAL SELENA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 852500

Geography

  • Parcel: 12-01-108-092
  • Lot: 13
  • Municipality: GENEVA
  • Latitude: 41.8945
  • Longitude: -88.279

    Address

  • Full Address: 1562 Salem Ct
  • Address - House Number: 1562
  • Address - Street Name: Salem
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Geneva
  • Carrier Code: C017
  • 4-Digit Zip Code: 3467
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,567
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 270,201
  • High Value: 313,823
  • Low Value: 226,579

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $184,000
  • 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

    Market Valuation

  • Market Total Value: $182,167
  • Market Land Value: $23,559
  • Market Improvement Value: $158,607

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,698
  • Assessed Land Value: $7,850
  • Assessed Improvements Value: $52,848

    Sales

  • Current Sale Contract Date: May 22, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836928459
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K040969
  • Previous Sale Recording Date: Aug 02, 2007
  • Previous Sale Contract Date: Jun 27, 2007
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $184,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ALLIED FIRST BANK
  • Previous Mortgage Transaction Date: Aug 02, 2007
  • Previous Mortgage Loan Amount: $205,103
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2037

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Frequently Asked Questions

What neighborhood is 1562 Salem Court located in?
The 1562 Salem Court is a located in the neighborhood of Geneva in Geneva, Geneva.
What is the average sales price for listings in 1562 Salem Court?
The average sales price for units in 1562 Salem Court is $230,000 , or $160/sqft. currently.

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