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245 Commonwealth Drive

245 Commonwealth Drive, Bolingbrook, IL 60440
Property in Du Page
Sold Aug 15, 2023
$315,000
$283,500 by Cardinal Fin'l Co Lp
Mortgage Due Aug 01, 2053
Sold Feb 20, 2013
$154,000
$151,210 by American Portfolio Mortgage Co
Mortgage Due Mar 01, 2043
245 Commonwealth Drive has been categorized by the local assessors in Bolingbrook, IL as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 3 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, 245 Commonwealth Drive has 1,318 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,558 square feet.

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 garage for those who require parking. The garage measured 410 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of alum/vinyl siding. 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, 245 Commonwealth Drive was last sold in Jul 17, 2023 for $315,000. According to our calculations, that's $239.00 per sqft. Prior to that sales transaction, the property was sold for $154,000 in Jan 15, 2013. Current property owners are expected to pay $6,065 in taxes per year. The property on 245 Commonwealth Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $67,363. To break that down further, the land itself was valued at $16,538. While improvements to the property were assessed at a total of $50,825. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 410
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,558
  • Total Building Area: 1,318
  • Building Area: 1,318
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,318
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INDIAN OAKS
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 31 BLOCK 49 IN INDIAN OAKS UNIT 11, BEING A SUB OF PRT OF SEC 8, T37N-R10E.

Ownership

  • Current Owner : RASHEED ADNAN
  • Current Owner 2: RASHEED SALMAN
  • Previous Owner : DEJESUS DEVON
  • Owner Before Previous Owner: DG ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880105

Geography

  • Parcel: 12-02-08-404-031
  • Block: 49
  • Lot: 31
  • Meridian: SEC 08 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.7028
  • Longitude: -88.1123

    Address

  • Full Address: 245 Commonwealth Dr
  • Legal Unit: 11
  • Address - House Number: 245
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C018
  • 4-Digit Zip Code: 1655
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,065
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 92
  • Final Value: 295,362
  • High Value: 321,428
  • Low Value: 269,296

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,500
  • First Open Lien Mortgage Lender: CARDINAL FIN'L CO LP
  • First Open Lien Mortgage Recording Date: Aug 15, 2023
  • First Open Lien Mortgage Loan Amount: $283,500
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $202,089
  • Market Land Value: $49,614
  • Market Improvement Value: $152,475

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,363
  • Assessed Land Value: $16,538
  • Assessed Improvements Value: $50,825

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Transaction ID: 11911424958
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41828
  • Previous Sale Recording Date: Feb 20, 2013
  • Previous Sale Contract Date: Jan 15, 2013
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FIN'L CO LP
  • First Mortgage Transaction Date: Aug 15, 2023
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • Previous Mortgage Transaction Date: Feb 20, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $151,210
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2043

About Bolingbrook



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Nearby Rentals

Unit for rent at 221 Tupelo Avenue, Naperville, IL, 60540

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 2,058 ft²
221 Tupelo Avenue, Naperville, IL, 60540 Listing by Bernard Cobb

Frequently Asked Questions

What neighborhood is 245 Commonwealth Drive located in?
The 245 Commonwealth Drive is a located in the neighborhood of Du Page in Bolingbrook, Bolingbrook.
What is the average sales price for listings in 245 Commonwealth Drive?
The average sales price for units in 245 Commonwealth Drive is $0 currently.

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