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220 Homewood Drive

220 Homewood Drive, Bolingbrook, IL 60440
Property in Du Page
Sold May 14, 2020
$182,500
$179,193 by Leader One Financial Corp
Mortgage Due Apr 01, 2050
Sold Aug 05, 2013
$110,000
$6,000 by Housing Development
Mortgage
220 Homewood Drive has been categorized by the local assessors in Bolingbrook, IL as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 220 Homewood Drive has 1,115 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,263 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 374 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 220 Homewood Drive sold most recently in Mar 3, 2020 for a total of $182,500. If you work out the math, that's approximately a cost of $163.68 per sqft. Before that, the property was also sold for $110,000 in Jun 5, 2013. 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 $5,042 in taxes each year. 220 Homewood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $57,009. If we break it down further, the land itself was valued at $15,598. Improvements to the property, however, were assessed at a total of $41,411. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1984
  • Effective Year Built: 1984
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 374
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,263
  • Total Building Area: 1,115
  • Building Area: 1,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,115
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHERRYWOOD EAST
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 BLOCK 67 IN CHERRYWOOD EAST UNIT 5 IN W1/2 SE1/4 SEC 12, T37N-R10E (EX THAT PRT TAKEN FOR HWY PURPOSES PER PLAT OF N/S

Ownership

  • Current Owner : VALDEZ ANA G
  • Current Owner 2: VALDEZ RUBEN
  • Previous Owner : MANZANARES JORGE
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880112

Geography

  • Parcel: 12-02-12-407-023
  • Block: 67
  • Lot: 12
  • Meridian: SEC 12 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.7029
  • Longitude: -88.0357

    Address

  • Full Address: 220 Homewood Dr
  • Legal Unit: 5
  • Address - House Number: 220
  • Address - Street Name: Homewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: R009
  • 4-Digit Zip Code: 2526
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,042
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 235,861
  • High Value: 275,712
  • Low Value: 196,011

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $185,581
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: May 14, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $179,193
  • 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: Apr 01, 2050
  • Second Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • Second Open Lien Mortgage Recording Date: May 14, 2020
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $6,388
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $171,027
  • Market Land Value: $46,794
  • Market Improvement Value: $124,233

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,009
  • Assessed Land Value: $15,598
  • Assessed Improvements Value: $41,411

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: May 14, 2020
  • Current Sale Transaction ID: 11761221756
  • Current Sale Price: $182,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020036452
  • Previous Sale Recording Date: Aug 05, 2013
  • Previous Sale Contract Date: Jun 05, 2013
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: May 14, 2020
  • First Mortgage Loan Amount: $179,193
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOUSING DEVELOPMENT
  • Previous Mortgage Transaction Date: Aug 05, 2013
  • Previous Mortgage Loan Amount: $6,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second

About Bolingbrook



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Frequently Asked Questions

What neighborhood is 220 Homewood Drive located in?
The 220 Homewood Drive is a located in the neighborhood of Du Page in Bolingbrook, Bolingbrook.
What is the average sales price for listings in 220 Homewood Drive?
The average sales price for units in 220 Homewood Drive is $0 currently.

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