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24831 Gates Court

24831 Gates Court, Plainfield, IL 60585
Property in Wheatland
Sold Aug 01, 2018
$192,000
$92,000 by Peoples Home Equity Inc
Mortgage Due Aug 01, 2048
Sold Jan 10, 2006
$194,000
$188,180 by Central States Mortgage Illino
Mortgage Due Jan 01, 2036
24831 Gates Court in Plainfield, IL was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 24831 Gates Court has 1,516 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. In total, the area measurement of the land is 17,884 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 380 sqft. The property was last sold in Jul 30, 2018 for $192,000. That's $126.65 per sqft. Prior to that sales transaction, the property was also sold in Dec 12, 2005 for $194,000. 24831 Gates Court was last assessed in 2022. The total value of the property was assessed at $64,162. Specifically, the land the property is located on was valued at $19,609. While improvements on the property were assessed at a total of $44,553. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,802. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 380
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,884
  • Total Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,516
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTURY TRACE UNIT 5A-5C
  • Land Acres: 0.41
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 24-1 IN THE TOWNES OF AUBURN LAKES CONDOS OF LOT 24 IN CENTURY TRACE SUB UNIT 5C PUD, BEING A SUB OF PRT OF THE SE1/4 OF

Ownership

  • Current Owner : PTAK JAMES W
  • Current Owner 2: PTAK CLAUDIA A
  • Previous Owner : MILLER SCOTT DOUGLAS
  • Previous Owner 2: RENDEL LYNEE ANN
  • Owner Before Previous Owner: HILL JAMES MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880319

Geography

  • Parcel: 07-01-20-405-053-1001
  • Lot: 24
  • Meridian: SEC 20 TWN 37N RNG 09E
  • Municipality: WHEATLAND
  • Latitude: 41.667
  • Longitude: -88.2248

    Address

  • Full Address: 24831 Gates Ct
  • Legal Unit: 24-1
  • Address - House Number: 24831
  • Address - Street Name: Gates
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R045
  • 4-Digit Zip Code: 2232
  • Zip Code: 60585

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,802
  • Tax Rate Code Area: 0719

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 276,810
  • High Value: 322,073
  • Low Value: 231,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,000
  • First Open Lien Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Open Lien Mortgage Recording Date: Aug 01, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $92,000
  • 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, 2048

    Market Valuation

  • Market Total Value: $192,486
  • Market Land Value: $58,827
  • Market Improvement Value: $133,659

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,162
  • Assessed Land Value: $19,609
  • Assessed Improvements Value: $44,553

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2018
  • Current Sale Recording Date: Aug 01, 2018
  • Current Sale Transaction ID: 11489673981
  • Current Sale Price: $192,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2018053354
  • Previous Sale Recording Date: Jan 10, 2006
  • Previous Sale Contract Date: Dec 12, 2005
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Mortgage Transaction Date: Aug 01, 2018
  • First Mortgage Loan Amount: $92,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL STATES MORTGAGE ILLINO
  • Previous Mortgage Transaction Date: Jan 10, 2006
  • Previous Mortgage Loan Amount: $188,180
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

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Frequently Asked Questions

What neighborhood is 24831 Gates Court located in?
The 24831 Gates Court is a located in the neighborhood of Wheatland in Plainfield, Plainfield.
What is the average sales price for listings in 24831 Gates Court?
The average sales price for units in 24831 Gates Court is $0 currently.

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