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16 Bright Oaks Circle

16 Bright Oaks Circle, Cary, IL 60013
Townhouse in Bright Oaks
Sold Apr 22, 2022
$190,000
$186,558 by Inlanta Mortgage Inc
Mortgage Due May 01, 2052
Sold Apr 29, 2019
$130,000
$127,645 by First Centennial Mortgage Corp
Mortgage Due May 01, 2049
16 Bright Oaks Circle has been categorized by the local assessors in Cary, IL as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16 Bright Oaks Circle has 1,357 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 590 ft and across the front of the lot is 280 ft. The area measurement of the land has been determined as 1,618 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 16 Bright Oaks Circle was last sold in Apr 16, 2022 for $190,000. According to our calculations, that's $140.01 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Apr 26, 2019. Current property owners are expected to pay $3,499 in taxes per year. The property on 16 Bright Oaks Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $43,371. To break that down further, the land itself was valued at $8,667. While improvements to the property were assessed at a total of $34,704. 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. 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.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,618
  • Lot Size Depth Feet: 590
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,357
  • Building Area: 1,357
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,357
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIGHT OAKS
  • Land Acres: 0.37
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2022R0014790 LT 4 BLK 2 BRIGHT OAKS UNIT 1

Ownership

  • Current Owner : FISHMAN ROBERT
  • Previous Owner : FERRARA CARMELO F
  • Previous Owner 2: FERRARA BRIANA E
  • Owner Before Previous Owner: SAAVEDRA SOLEDAD
  • Owner Before Previous Owner 2: PARIS ADAM W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871304

Geography

  • Parcel: 19-12-103-120
  • Block: 2
  • Lot: 4
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2195
  • Longitude: -88.2535

    Address

  • Full Address: 16 Bright Oaks Cir
  • Legal Unit: 1
  • Address - House Number: 16
  • Address - Street Name: Bright Oaks
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Cary
  • Carrier Code: C006
  • 4-Digit Zip Code: 1521
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,499
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 207,460
  • High Value: 244,160
  • Low Value: 170,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,558
  • First Open Lien Mortgage Lender: INLANTA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $186,558
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $130,113
  • Market Land Value: $26,001
  • Market Improvement Value: $104,112

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,371
  • Assessed Land Value: $8,667
  • Assessed Improvements Value: $34,704

    Sales

  • Current Sale Contract Date: Apr 16, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Transaction ID: 11886086305
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14790
  • Previous Sale Recording Date: Apr 29, 2019
  • Previous Sale Contract Date: Apr 26, 2019
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLANTA MORTGAGE INC
  • First Mortgage Transaction Date: Apr 22, 2022
  • First Mortgage Loan Amount: $186,558
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 29, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $127,645
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2049

About Bright Oaks



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$2,445 /mo

  • 2 Beds
  • 2 Baths
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Frequently Asked Questions

What neighborhood is 16 Bright Oaks Circle located in?
The 16 Bright Oaks Circle is a townhouse located in the neighborhood of Bright Oaks in Bright Oaks, Cary.
What is the average sales price for listings in 16 Bright Oaks Circle?
The average sales price for units in 16 Bright Oaks Circle is $130,000 , or $107/sqft. currently.

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