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2073 Summerfield Lane

2073 Summerfield Lane, Bourbonnais, IL 60914
Property in Bourbonnais
Refi Aug 13, 2020
Transfer
$133,600 by Municipal Trust And Savings Ba
Mortgage Due Sep 01, 2040
2073 Summerfield Lane has been categorized by the local assessors in Bourbonnais, IL as a residential type of property. The area measurement of the land has been determined as 3,238 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $4,769 in taxes each year. 2073 Summerfield Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $65,529. If we break it down further, the land itself was valued at $3,741. Improvements to the property, however, were assessed at a total of $61,788. 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

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

    Dimensions

  • Lot Size Square Feet: 3,238
  • 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: MEADOWBROOK SUB
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: MEADOWBROOK SUBD PH 2 PT LT 164 POB 57.22 S NW COR 07-31-12E

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010601

Geography

  • District: 17
  • Parcel: 17-09-07-181-032
  • Lot: 164
  • Municipality: BOURBONNAIS
  • Latitude: 41.191
  • Longitude: -87.8901

    Address

  • Full Address: 2073 Summerfield Ln
  • Address - House Number: 2073
  • Address - Street Name: Summerfield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R005
  • 4-Digit Zip Code: 5163
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,769
  • Tax Rate Code Area: 17027

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 244,710
  • High Value: 297,273
  • Low Value: 192,147

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $183,600
  • First Open Lien Mortgage Lender: MUNICIPAL TRUST AND SAVINGS BA
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $133,600
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2040
  • Second Open Lien Mortgage Lender: MUNICIPAL TRUST & SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: Jul 18, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 13, 2033

    Market Valuation

  • Market Total Value: $196,587
  • Market Land Value: $11,223
  • Market Improvement Value: $185,364

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,529
  • Assessed Land Value: $3,741
  • Assessed Improvements Value: $61,788

    Exemptions

  • Homeowner Exemption: Yes

About Bourbonnais



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Frequently Asked Questions

What neighborhood is 2073 Summerfield Lane located in?
The 2073 Summerfield Lane is a located in the neighborhood of Bourbonnais in Bourbonnais, Bourbonnais.
What is the average sales price for listings in 2073 Summerfield Lane?
The average sales price for units in 2073 Summerfield Lane is $0 currently.

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