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229 Freeport Drive

229 Freeport Drive, Bloomingdale, IL 60108
Property in Bloomingdale
Sold Aug 03, 2021
$289,000
$279,354 by Neighborhood Loans
Mortgage Due May 01, 2051
Sold Jul 10, 2009
$253,000
$248,417 by Chicago Bancorp Inc
Mortgage Due Jul 01, 2039
229 Freeport Drive has been categorized by the local assessors in Bloomingdale, IL as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 229 Freeport Drive has 1,317 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,148 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 attached garage for those who require parking. 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 mixed control joints. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 229 Freeport Drive sold most recently in Apr 27, 2021 for a total of $289,000. If you work out the math, that's approximately a cost of $219.44 per sqft. Before that, the property was also sold for $253,000 in Jun 29, 2009. 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 $5,794 in taxes each year. 229 Freeport Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $85,060. If we break it down further, the land itself was valued at $31,620. Improvements to the property, however, were assessed at a total of $53,440. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Mixed
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,317
  • Gross Building Area: 1,317
  • Building Area: 1,317
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,317
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTLAKE
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTLAKE UNIT #4

Ownership

  • Current Owner : VOLPERT PAUL
  • Current Owner 2: VOLPERT DANA
  • Previous Owner : CRESSMAN JOSEPH
  • Previous Owner 2: CRESSMAN GABRIELLE
  • Owner Before Previous Owner: DAWSON JOHN B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Bloomingdale School District 13
  • School Tax School District: BLOOMINGDALE
  • Census Tract: 841110

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2969-B2
  • Parcel: 02-14-302-048
  • Block: 9
  • Lot: 69
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9508
  • Longitude: -88.0668

    Address

  • Full Address: 229 Freeport Dr
  • Legal Unit: 4
  • Address - House Number: 229
  • Address - Street Name: Freeport
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomingdale
  • Carrier Code: C007
  • 4-Digit Zip Code: 1719
  • Zip Code: 60108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,794
  • Tax Rate Code Area: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 326,153
  • High Value: 377,420
  • Low Value: 274,886

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $348,042
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $279,354
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Sep 08, 2022
  • Second Open Lien Mortgage Loan Amount: $68,688
  • Second Open Lien Mortgage Term: 480
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2062

    Market Valuation

  • Market Total Value: $255,180
  • Market Land Value: $94,860
  • Market Improvement Value: $160,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,060
  • Assessed Land Value: $31,620
  • Assessed Improvements Value: $53,440

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11846896075
  • Current Sale Price: $289,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-117196
  • Previous Sale Recording Date: Jul 10, 2009
  • Previous Sale Contract Date: Jun 29, 2009
  • Previous Sale Amount: $253,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $279,354
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHICAGO BANCORP INC
  • Previous Mortgage Transaction Date: Jul 10, 2009
  • Previous Mortgage Loan Amount: $248,417
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2039

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Frequently Asked Questions

What neighborhood is 229 Freeport Drive located in?
The 229 Freeport Drive is a located in the neighborhood of Bloomingdale in Bloomingdale, Bloomingdale.
What is the average sales price for listings in 229 Freeport Drive?
The average sales price for units in 229 Freeport Drive is $0 currently.

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