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2416 Hanbury Lane

2416 Hanbury Lane, Montgomery, IL 60538
Property in Bristol
Sold May 07, 2019
$245,000
$240,562 by Homeside Financial Llc
Mortgage Due Jun 01, 2049
Sold Nov 28, 2016
$195,000
$175,500 by First State Bank
Mortgage Due Dec 01, 2046
Local assessors in Montgomery, IL have categorized 2416 Hanbury Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 600 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 7 rooms in the home. Of these, 3 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 2416 Hanbury Lane has a total of 1,836 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 460 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling 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, 2416 Hanbury Lane was last sold in May 3, 2019 for $245,000. According to our calculations, that's $106.71 per sqft. Prior to that sales transaction, the property was sold for $195,000 in Nov 7, 2016. Current property owners are expected to pay $7,919 in taxes per year. The property on 2416 Hanbury Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $90,276. To break that down further, the land itself was valued at $10,701. While improvements to the property were assessed at a total of $79,575. 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. 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!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: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,296
  • Gross Building Area: 2,296
  • Building Area: 1,836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,836
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MONTGOMERY CROSSINGS
  • Land Acres: 0.172
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 178 MONTGOMERY CROSSINGS UNIT 5 VILLAGE OF MONTGOMERY

Ownership

  • Current Owner : SAENZ DAVID
  • Previous Owner : GLASER CHARLES L
  • Previous Owner 2: GLASER JAMIE
  • Owner Before Previous Owner: MCNAMARA PATRICK P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890404

Geography

  • Assessors Map Reference: 3198-C6
  • Parcel: 02-02-483-028
  • Lot: 178
  • Municipality: BRISTOL TOWNSHIP
  • Latitude: 41.7135
  • Longitude: -88.3936

    Address

  • Full Address: 2416 Hanbury Ln
  • Address - House Number: 2416
  • Address - Street Name: Hanbury
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Montgomery
  • Carrier Code: R002
  • 4-Digit Zip Code: 5049
  • Zip Code: 60538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,919
  • Tax Rate Code Area: BR029

    Appraisal Valuation

  • Standard Deviation: 0.1422
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 339,578
  • High Value: 387,886
  • Low Value: 291,270

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $255,680
  • First Open Lien Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 07, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $240,562
  • 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: Jun 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Sep 15, 2022
  • Second Open Lien Mortgage Loan Amount: $15,118
  • Second Open Lien Mortgage Term: 320
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $270,828
  • Market Land Value: $32,103
  • Market Improvement Value: $238,725

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,276
  • Assessed Land Value: $10,701
  • Assessed Improvements Value: $79,575

    Sales

  • Current Sale Contract Date: May 03, 2019
  • Current Sale Recording Date: May 07, 2019
  • Current Sale Transaction ID: 11602842906
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201900005605
  • Previous Sale Recording Date: Nov 28, 2016
  • Previous Sale Contract Date: Nov 07, 2016
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Mortgage Transaction Date: May 07, 2019
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST STATE BANK
  • Previous Mortgage Transaction Date: Nov 28, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $175,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2046

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Frequently Asked Questions

What neighborhood is 2416 Hanbury Lane located in?
The 2416 Hanbury Lane is a located in the neighborhood of Bristol in Montgomery, Montgomery.
What is the average sales price for listings in 2416 Hanbury Lane?
The average sales price for units in 2416 Hanbury Lane is $0 currently.

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