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1923 Lakewood Drive

1923 Lakewood Drive, Wilmington, IL 60481
Property in Wesley
Sold Nov 02, 2017
$155,000
$152,192 by Caliber Home Loans Inc
Mortgage Due Nov 01, 2047
Sold Aug 04, 2006
$160,000
$128,000 by Grundy Bank
Mortgage Due Jul 28, 2009
This has been categorized as a residential property type. In total, the area measurement of the land is 5,428 square feet.

Learn more about the property and building on this page. The property was last sold in Oct 31, 2017 for $155,000. Prior to that sales transaction, the property was also sold in Jul 28, 2006 for $160,000. 1923 Lakewood Drive was last assessed in 2022. The total value of the property was assessed at $56,220. Specifically, the land the property is located on was valued at $9,492. While improvements on the property were assessed at a total of $46,728. 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 $3,420. 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. 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

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

    Dimensions

  • Lot Size Square Feet: 5,428
  • 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: LAKEWOOD SHORES
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 93 IN LAKEWOOD SHORES, A SUB OF PRT OF THE NW 1/4 OF THE NE 1/4 THE FRAC'L NE 1/4 OF THE FRAC'L NW 1/4 OF SEC. 12, ALSO

Ownership

  • Current Owner : MIRAGLIA JOHN P
  • Previous Owner : LEONE JEFFREY
  • Owner Before Previous Owner: REAVIS JEFFREY G
  • Owner Before Previous Owner 2: REAVIS LOUISE
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 884006

Geography

  • Parcel: 08-24-01-302-013
  • Lot: 93
  • Meridian: SEC 01 TWN 32N RNG 09E
  • Municipality: WESLEY TWP
  • Latitude: 41.2819
  • Longitude: -88.1466

    Address

  • Full Address: 1923 Lakewood Dr
  • Address - House Number: 1923
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wilmington
  • Carrier Code: C004
  • 4-Digit Zip Code: 1726
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,420
  • Tax Rate Code Area: 0802

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 206,742
  • High Value: 230,543
  • Low Value: 182,942

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $158,395
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 02, 2017
  • First Open Lien Mortgage Loan Amount: $152,192
  • 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: Nov 01, 2047
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 18, 2021
  • Second Open Lien Mortgage Loan Amount: $6,203
  • Second Open Lien Mortgage Term: 312
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2047

    Market Valuation

  • Market Total Value: $168,660
  • Market Land Value: $28,476
  • Market Improvement Value: $140,184

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,220
  • Assessed Land Value: $9,492
  • Assessed Improvements Value: $46,728

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2017
  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Transaction ID: 11291474641
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017086739
  • Previous Sale Recording Date: Aug 04, 2006
  • Previous Sale Contract Date: Jul 28, 2006
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Nov 02, 2017
  • First Mortgage Loan Amount: $152,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: GRUNDY BANK
  • Previous Mortgage Transaction Date: Aug 04, 2006
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 28, 2009

About Lakewood Shores



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1923 Lakewood Drive located in?
The 1923 Lakewood Drive is a located in the neighborhood of Wesley in Lakewood Shores, Wilmington.
What is the average sales price for listings in 1923 Lakewood Drive?
The average sales price for units in 1923 Lakewood Drive is $0 currently.

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