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1687 Arbor Drive

1687 Arbor Drive, Bourbonnais, IL 60914
Property in Bourbonnais
Sold Jun 22, 2021
$250,000
$187,500 by Midland States Bank
Mortgage Due Jul 01, 2051
Sold Oct 15, 2015
$185,000
$85,000 by Municipal Tr & Svgs Bk
Mortgage Due Oct 13, 2035
Local assessors in Bourbonnais, IL have categorized 1687 Arbor Drive as a residential type of property. The property's lot size has been calculated to be 10,189 square feet.

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. 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, 1687 Arbor Drive sold most recently in Jan 1, 1970 for a total of $250,000. Before that, the property was also sold for $185,000 in Oct 13, 2015. 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 $6,634 in taxes each year. 1687 Arbor Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,096. If we break it down further, the land itself was valued at $8,103. Improvements to the property, however, were assessed at a total of $81,993. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Vinyl Siding

Parking

Garage Parking
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: 10,189
  • 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: KENNEDY POINTE SUMMERFIELD PH 1
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: KENNEDY POINTE SUMMERFIELD PH 1 LT 312 15-31-12E

Ownership

  • Current Owner : STEINHAUSER SHAYLENE ADER
  • Current Owner 2: STEINHAUSER LORI ADER
  • Previous Owner : KELLY CHARLES E
  • Owner Before Previous Owner: MATTHEW NIXON
  • Owner Before Previous Owner 2: MATTHEW KARI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bradley-Bourbonnais Consolidated High School District 307
  • Census Tract: 010701

Geography

  • District: 17
  • Parcel: 17-09-15-102-312
  • Lot: 312
  • Municipality: BOURBONNAIS
  • Latitude: 41.1715
  • Longitude: -87.8281

    Address

  • Full Address: 1687 Arbor Dr
  • Address - House Number: 1687
  • Address - Street Name: Arbor
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R003
  • 4-Digit Zip Code: 5086
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,634
  • Tax Rate Code Area: 17030

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 318,133
  • High Value: 380,862
  • Low Value: 255,404

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,500
  • First Open Lien Mortgage Lender: MIDLAND STATES BANK
  • First Open Lien Mortgage Recording Date: Jun 22, 2021
  • First Open Lien Mortgage Loan Amount: $187,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $270,288
  • Market Land Value: $24,309
  • Market Improvement Value: $245,979

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,096
  • Assessed Land Value: $8,103
  • Assessed Improvements Value: $81,993

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11840967191
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8481
  • Previous Sale Recording Date: Oct 15, 2015
  • Previous Sale Contract Date: Oct 13, 2015
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND STATES BANK
  • First Mortgage Transaction Date: Jun 22, 2021
  • First Mortgage Loan Amount: $187,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MUNICIPAL TR & SVGS BK
  • Previous Mortgage Transaction Date: Oct 15, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 13, 2035

About Bradley



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Frequently Asked Questions

What neighborhood is 1687 Arbor Drive located in?
The 1687 Arbor Drive is a located in the neighborhood of Bourbonnais in Bradley, Bourbonnais.
What is the average sales price for listings in 1687 Arbor Drive?
The average sales price for units in 1687 Arbor Drive is $0 currently.

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