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1823 Whaler Lane

1823 Whaler Lane, Hanover Park, IL 60133
Property in Wayne
Sold Aug 29, 2017
$184,000
Buyer
Seller
$188,000 by M&t Bank
Mortgage Due Apr 01, 2052
Sold Jun 27, 2003
$162,000
$153,900 by St Francis Mortgage Corp
Mortgage Due Jul 01, 2033
Local assessors in Hanover Park, IL have categorized 1823 Whaler Lane as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 3,920 square feet. The linear feet between the front and back of the lot was measured at 410 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. If we look only at the heated or air conditioned part of the building, then 1823 Whaler Lane has a total of 1,204 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1823 Whaler Lane sold most recently in Aug 23, 2017 for a total of $184,000. If you work out the math, that's approximately a cost of $152.82 per sqft. Before that, the property was also sold for $162,000 in Jun 20, 2003. 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 $6,290 in taxes each year. 1823 Whaler Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $68,590. If we break it down further, the land itself was valued at $12,040. Improvements to the property, however, were assessed at a total of $56,550. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Building Style: Duplex
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 410
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,204
  • Building Area: 1,204
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,204
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HANOVER-ARMY TRAIL
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HANOVER-ARMY TRAIL UNIT NO 9 W 41 FT

Ownership

  • Current Owner : FLORES CESAR
  • Previous Owner : ALI SYED M
  • Owner Before Previous Owner: BERTSCHINGER JAMES M
  • Owner Before Previous Owner 2: BERTSCHINGER JACQUELINE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: HANOVER PARK
  • Census Tract: 841322

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-D3
  • Parcel: 01-24-206-027
  • Block: 29
  • Lot: 1
  • Municipality: WAYNE
  • Latitude: 41.9431
  • Longitude: -88.1506

    Address

  • Full Address: 1823 Whaler Ln
  • Legal Unit: 9
  • Address - House Number: 1823
  • Address - Street Name: Whaler
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: R004
  • 4-Digit Zip Code: 6166
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,290
  • Tax Rate Code Area: 1004

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 268,619
  • High Value: 316,356
  • Low Value: 220,881

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $229,400
  • First Open Lien Mortgage Lender: M&T BANK
  • First Open Lien Mortgage Recording Date: Mar 18, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $188,000
  • 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: Apr 01, 2052
  • Second Open Lien Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Jun 12, 2023
  • Second Open Lien Mortgage Loan Amount: $41,400
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 14, 2063

    Market Valuation

  • Market Total Value: $205,770
  • Market Land Value: $36,120
  • Market Improvement Value: $169,650

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,590
  • Assessed Land Value: $12,040
  • Assessed Improvements Value: $56,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2017
  • Current Sale Recording Date: Aug 29, 2017
  • Current Sale Transaction ID: 1732805826
  • Current Sale Price: $184,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017-088759
  • Previous Sale Recording Date: Jun 27, 2003
  • Previous Sale Contract Date: Jun 20, 2003
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Aug 29, 2017
  • First Mortgage Loan Amount: $176,739
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: ST FRANCIS MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 27, 2003
  • Previous Mortgage Loan Amount: $153,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2033

About Hanover Park



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Frequently Asked Questions

What neighborhood is 1823 Whaler Lane located in?
The 1823 Whaler Lane is a located in the neighborhood of Wayne in Hanover Park, Hanover Park.
What is the average sales price for listings in 1823 Whaler Lane?
The average sales price for units in 1823 Whaler Lane is $0 currently.

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