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2434 Timberwood Court

2434 Timberwood Court, Joliet, IL 60432
Multifamily in New Lenox
Sold Aug 04, 2020
$203,000
$196,377 by Celebrity Home Loans Llc
Mortgage Due Aug 01, 2050
Sold Aug 09, 2006
$214,500
$21,400 by Jpmorgan Chase Bank Na
Mortgage Due Jul 25, 2021
This has been categorized as a residential property type. In total, the area measurement of the land is 5,729 square feet.

Learn more about the property and building on this page. 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, 2434 Timberwood Court sold most recently in Jul 9, 2020 for a total of $203,000. Before that, the property was also sold for $214,500 in Jul 26, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,267 in taxes each year. 2434 Timberwood Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $63,436. If we break it down further, the land itself was valued at $12,057. Improvements to the property, however, were assessed at a total of $51,379. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,729
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEUFAIRFIELD UNIT 2 AREAS 2 & 3 A PUD
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 417 AREA 2 IN NEUFAIRFIELD UNIT 2 - AREAS 2 3, A PUD OF PART OF THE SW1/4 OF SEC. 6, T35N-R11E.

Ownership

  • Current Owner : STRENT MICHELE
  • Previous Owner : MEER RENEE M VANDER
  • Previous Owner 2: MEER KRISTOPHER R
  • Owner Before Previous Owner: NEUMANN HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Lenox School District 122
  • Census Tract: 881108

Geography

  • Parcel: 15-08-06-305-007
  • Lot: 417
  • Meridian: SEC 06 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.543
  • Longitude: -88.0219

    Address

  • Full Address: 2434 Timber Wood Ct
  • Legal Unit: 2
  • Address - House Number: 2434
  • Address - Street Name: Timber Wood
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Joliet
  • Carrier Code: R030
  • 4-Digit Zip Code: 0783
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,267
  • Tax Rate Code Area: 1531

    Appraisal Valuation

  • Standard Deviation: 0.1578
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 256,339
  • High Value: 296,792
  • Low Value: 215,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,377
  • First Open Lien Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Aug 04, 2020
  • First Open Lien Mortgage Loan Amount: $196,377
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $190,308
  • Market Land Value: $36,171
  • Market Improvement Value: $154,137

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,436
  • Assessed Land Value: $12,057
  • Assessed Improvements Value: $51,379

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Transaction ID: 11776688917
  • Current Sale Price: $203,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020063505
  • Previous Sale Recording Date: Aug 09, 2006
  • Previous Sale Contract Date: Jul 26, 2006
  • Previous Sale Amount: $214,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Mortgage Transaction Date: Aug 04, 2020
  • First Mortgage Loan Amount: $196,377
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Aug 09, 2006
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $21,400
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Jul 25, 2021

About Joliet



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Frequently Asked Questions

What neighborhood is 2434 Timberwood Court located in?
The 2434 Timberwood Court is a multifamily located in the neighborhood of New Lenox in Joliet, Joliet.
What is the average sales price for listings in 2434 Timberwood Court?
The average sales price for units in 2434 Timberwood Court is $199,000 , or $114/sqft. currently.

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