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2316 Emerson Lane

2316 Emerson Lane, Naperville, IL 60540
Property in Ivy Ridge
Sold Mar 12, 2024
$880,000
Sold Jul 12, 2016
$360,000
$371,776 by Usaa Fsb
Mortgage Due Jul 01, 2046
2316 Emerson Lane in Naperville, IL was first built in 1996 and is 28 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2316 Emerson Lane has 2,014 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 66 ft and the linear feet between the front and back of the lot is 122. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2316 Emerson Lane was last sold in Mar 1, 2024 for $880,000. According to our calculations, that's $294.71 per sqft. Prior to that sales transaction, the property was sold for $360,000 in Jun 24, 2016. Current property owners are expected to pay $8,730 in taxes per year. The property on 2316 Emerson Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $133,740. To break that down further, the land itself was valued at $39,320. While improvements to the property were assessed at a total of $94,420. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 972
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 122
  • Lot Size Frontage Feet: 66
  • Total Building Area: 2,986
  • Gross Building Area: 2,986
  • Building Area: 2,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IVY RIDGE UNIT 3
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IVY RIDGE UNIT 3 ALL

Ownership

  • Current Owner : SERIES L OF PAINTED SKY LLC
  • Previous Owner : BIVINS KENTAVIUS D
  • Owner Before Previous Owner: CHIU TIM LAM
  • Owner Before Previous Owner 2: CHIU ELIZABETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indian Prairie Community Unit School District 204
  • School Tax School District: DISTRICT 204
  • Census Tract: 846522

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3140-D7
  • Parcel: 07-22-402-017
  • Lot: 228
  • Municipality: NAPERVILLE
  • Latitude: 41.7568
  • Longitude: -88.1919

    Address

  • Full Address: 2316 Emerson Ln
  • Legal Unit: 3
  • Address - House Number: 2316
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Naperville
  • Carrier Code: R027
  • 4-Digit Zip Code: 1940
  • Zip Code: 60540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,730
  • Tax Rate Code Area: 7030

    Appraisal Valuation

  • Standard Deviation: 0.0811
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 442,399
  • High Value: 478,279
  • Low Value: 406,519

    Market Valuation

  • Market Total Value: $401,220
  • Market Land Value: $117,960
  • Market Improvement Value: $283,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $133,740
  • Assessed Land Value: $39,320
  • Assessed Improvements Value: $94,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Transaction ID: 11922329136
  • Current Sale Price: $880,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13066
  • Previous Sale Recording Date: Jul 12, 2016
  • Previous Sale Contract Date: Jun 24, 2016
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Jul 12, 2016
  • Previous Mortgage Loan Amount: $371,776
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Ivy Ridge



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Frequently Asked Questions

What neighborhood is 2316 Emerson Lane located in?
The 2316 Emerson Lane is a located in the neighborhood of Ivy Ridge in Ivy Ridge, Naperville.
What is the average sales price for listings in 2316 Emerson Lane?
The average sales price for units in 2316 Emerson Lane is $0 currently.

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