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1607 Peyton Terrace

1607 Peyton Terrace, Shorewood, IL 60404
Property in Troy
Sold Jan 28, 2021
$422,938
$401,782 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2050
Sold May 26, 2010
Transfer
1607 Peyton Terrace has been categorized by the local assessors in Shorewood, IL as a residential type of property. The area measurement of the land has been determined as 8,678 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. 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, 1607 Peyton Terrace was last sold in Sep 18, 2020 for $422,938. Current property owners are expected to pay $11,162 in taxes per year. The property on 1607 Peyton Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $151,009. To break that down further, the land itself was valued at $23,937. While improvements to the property were assessed at a total of $127,072. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,678
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHOREWOOD TOWNE CENTER PHASE 1
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 178 IN SHOREWOOD TOWNE CENTER PHASE 1, BEING A SUB OF PRT OF THE SW1/4 OF SEC. 8, T35N-R9E.

Ownership

  • Current Owner : HIGGINS KRYSTAL D
  • Previous Owner : NC GLOBAL LLC
  • Owner Before Previous Owner: KAUPUS PAUL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 883219

Geography

  • Subdivision Phase Number: 1
  • Parcel: 05-06-08-304-011
  • Lot: 178
  • Meridian: SEC 08 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5261
  • Longitude: -88.229

    Address

  • Full Address: 1607 Peyton Ter
  • Address - House Number: 1607
  • Address - Street Name: Peyton
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Shorewood
  • Carrier Code: R027
  • 4-Digit Zip Code: 1220
  • Zip Code: 60404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,162
  • Tax Rate Code Area: 0586

    Appraisal Valuation

  • Standard Deviation: 0.1424
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 550,861
  • High Value: 629,352
  • Low Value: 472,370

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $401,782
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $401,782
  • 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, 2050

    Market Valuation

  • Market Total Value: $453,027
  • Market Land Value: $71,811
  • Market Improvement Value: $381,216

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $151,009
  • Assessed Land Value: $23,937
  • Assessed Improvements Value: $127,072

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Transaction ID: 11815826281
  • Current Sale Price: $422,938
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021011473
  • Previous Sale Recording Date: May 26, 2010
  • Previous Sale Contract Date: Apr 13, 2010
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 28, 2021
  • First Mortgage Loan Amount: $401,782
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Shorewood



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Frequently Asked Questions

What neighborhood is 1607 Peyton Terrace located in?
The 1607 Peyton Terrace is a located in the neighborhood of Troy in Shorewood, Shorewood.
What is the average sales price for listings in 1607 Peyton Terrace?
The average sales price for units in 1607 Peyton Terrace is $0 currently.

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