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16 Nottingham Drive

16 Nottingham Drive, Lincolnshire, IL 60069
Sold Sep 08, 2022
$706,000
$391,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2052
Sold Jul 01, 2004
$669,000
$535,200 by Summit Mortgage Corp
Mortgage Due Jul 01, 2034
16 Nottingham Drive in Lincolnshire, IL was first built in 1971 and is 53 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 16 Nottingham Drive has 2,675 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 20,038 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 30, 2022 for $706,000. That's $188.12 per sqft. Prior to that sales transaction, the property was also sold in Jun 4, 2004 for $669,000. 16 Nottingham Drive was last assessed in 2023. The total value of the property was assessed at $210,614. Specifically, the land the property is located on was valued at $72,088. While improvements on the property were assessed at a total of $138,526. 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 $17,073. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 572
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 3,753
  • Gross Building Area: 3,753
  • Building Area: 2,675
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,675
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLNSHIRE SQUARE UNIT 5
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLNSHIRE SQUARE UNIT 5 LOT 130

Ownership

  • Current Owner : SEYMOUR ROGER A
  • Current Owner 2: STIMPSON CHARLES
  • Previous Owner : LEWIS LISA M
  • Previous Owner 2: LEWIS ROBERT G
  • Owner Before Previous Owner: SCHWARZBERGER NEAL A
  • Owner Before Previous Owner 2: SCHWARZBERGER SUSAN K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lincolnshire-Prairieview School District 103
  • Census Tract: 864522

Geography

  • Assessors Map Reference: 2702-E3
  • District: VERNON
  • Parcel: 15-13-305-038
  • Lot: 130
  • Municipality: TWP OF VERNON
  • Latitude: 42.1973
  • Longitude: -87.8971

    Address

  • Full Address: 16 Nottingham Dr
  • Legal Unit: 5
  • Address - House Number: 16
  • Address - Street Name: Nottingham
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lincolnshire
  • Carrier Code: C005
  • 4-Digit Zip Code: 3215
  • Zip Code: 60069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,073
  • Tax Rate Code Area: 16023

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 748,691
  • High Value: 875,409
  • Low Value: 621,972

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $391,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 08, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $391,000
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $631,906
  • Market Land Value: $216,286
  • Market Improvement Value: $415,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,614
  • Assessed Land Value: $72,088
  • Assessed Improvements Value: $138,526

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Sep 08, 2022
  • Current Sale Transaction ID: 11895576862
  • Current Sale Price: $706,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7931423
  • Previous Sale Recording Date: Jul 01, 2004
  • Previous Sale Contract Date: Jun 04, 2004
  • Previous Sale Amount: $669,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 08, 2022
  • First Mortgage Loan Amount: $391,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 01, 2004
  • Previous Mortgage Loan Amount: $535,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2034

About Lincoln Shire Square



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Frequently Asked Questions

What neighborhood is 16 Nottingham Drive located in?
The 16 Nottingham Drive is a located in the neighborhood of Lincoln Shire Square in Lincoln Shire Square, Lincolnshire.
What is the average sales price for listings in 16 Nottingham Drive?
The average sales price for units in 16 Nottingham Drive is $0 currently.

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