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1591 Lois Ann Lane

1591 Lois Ann Lane, Naperville, IL 60563
House in Naperville
Sold Jul 15, 2020
$290,000
$232,000 by Lifestone Mortgage Corp
Mortgage Due Jul 01, 2050
Local assessors in Naperville, IL have categorized 1591 Lois Ann Lane as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 122 ft and the front of the lot was measured at 70 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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. If we look only at the heated or air conditioned part of the building, then 1591 Lois Ann Lane has a total of 1,714 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. 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 brick control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 1591 Lois Ann Lane sold most recently in Jun 18, 2020 for a total of $290,000. If you work out the math, that's approximately a cost of $129.46 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 $7,274 in taxes each year. 1591 Lois Ann Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $112,440. If we break it down further, the land itself was valued at $37,500. Improvements to the property, however, were assessed at a total of $74,940. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 526
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 122
  • Lot Size Frontage Feet: 70
  • Total Building Area: 2,240
  • Gross Building Area: 2,240
  • Building Area: 1,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,714
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLYNN LAUTH 8
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FLYNN LAUTH 8 ALL

Ownership

  • Current Owner : SANTHANAM PAVANKUMAR
  • Current Owner 2: MAMGAI KAVITA
  • Previous Owner : GROSSMAN RICHARD P
  • Previous Owner 2: DECLARATION OF TR OF RICHARD P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Indian Prairie Community Unit School District 204
  • School Tax School District: DISTRICT 204
  • Census Tract: 846412

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3140-D4
  • Parcel: 07-15-203-023
  • Lot: 23
  • Municipality: NAPERVILLE
  • Latitude: 41.7831
  • Longitude: -88.1908

    Address

  • Full Address: 1591 Lois Ann Ln
  • Legal Unit: 8
  • Address - House Number: 1591
  • Address - Street Name: Lois Ann
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Naperville
  • Carrier Code: C071
  • 4-Digit Zip Code: 0466
  • Zip Code: 60563

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,274
  • Tax Rate Code Area: 7030

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 433,560
  • High Value: 501,709
  • Low Value: 365,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: LIFESTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 15, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $232,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $337,320
  • Market Land Value: $112,500
  • Market Improvement Value: $224,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,440
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $74,940

    Sales

  • Current Sale Contract Date: Jun 18, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Transaction ID: 11773701229
  • Current Sale Price: $290,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2020-075425

    Last Sale Mortgage

  • First Mortgage Lender: LIFESTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 15, 2020
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1591 Lois Ann Lane located in?
The 1591 Lois Ann Lane is a house located in the neighborhood of Naperville in Naperville, Naperville.
What is the average sales price for listings in 1591 Lois Ann Lane?
The average sales price for units in 1591 Lois Ann Lane is $305,000 , or $178/sqft. currently.

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