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227 East Farnham Lane

227 East Farnham Lane, Wheaton, IL 60189
Property in Milton
Sold Jul 29, 2021
$381,000
$361,950 by First Centennial Mortgage Corp
Mortgage Due Jul 01, 2051
Local assessors in Wheaton, IL have categorized 227 East Farnham Lane as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 16,553 square feet. The linear feet between the front and back of the lot was measured at 165 ft and the front of the lot was measured at 100 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 227 East Farnham Lane has a total of 3,764 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a sawtooth style roof that was made of wood. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jun 2, 2021 for $381,000. That's $89.71 per sqft. 227 East Farnham Lane was last assessed in 2022. The total value of the property was assessed at $162,530. Specifically, the land the property is located on was valued at $40,210. While improvements on the property were assessed at a total of $122,320. 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 $10,840. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,224
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Depth Feet: 165
  • Lot Size Frontage Feet: 100
  • Total Building Area: 4,247
  • Gross Building Area: 4,247
  • Building Area: 3,764
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRWAY ESTATES
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIRWAY ESTATES ASSMT PLAT

Ownership

  • Current Owner : SOLAKIEWICZ DANIEL
  • Current Owner 2: ROZZANO BRIDGET
  • Previous Owner : SILES GASTON N
  • Previous Owner 2: SILES MARIA T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842602

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3082-D2
  • Parcel: 05-21-116-043
  • Lot: 1
  • Municipality: MILTON
  • Latitude: 41.8501
  • Longitude: -88.1021

    Address

  • Full Address: 227 E Farnham Ln
  • Address - House Number: 227
  • Street Direction: E
  • Address - Street Name: Farnham
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wheaton
  • Carrier Code: R010
  • 4-Digit Zip Code: 6403
  • Zip Code: 60189

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,840
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 604,164
  • High Value: 699,131
  • Low Value: 509,198

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,950
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $361,950
  • 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: $487,590
  • Market Land Value: $120,630
  • Market Improvement Value: $366,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $162,530
  • Assessed Land Value: $40,210
  • Assessed Improvements Value: $122,320

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Transaction ID: 11846263800
  • Current Sale Price: $381,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-114710

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 29, 2021
  • First Mortgage Loan Amount: $361,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 227 East Farnham Lane located in?
The 227 East Farnham Lane is a located in the neighborhood of Milton in Wheaton, Wheaton.
What is the average sales price for listings in 227 East Farnham Lane?
The average sales price for units in 227 East Farnham Lane is $0 currently.

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