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255 South Park Place Drive

255 South Park Place Drive, Bartlett, IL 60103
Property in Hanover
Sold Jul 26, 2021
$325,000
$308,750 by Guaranteed Rate Inc
Mortgage Due May 01, 2051
Sold Jan 29, 2013
$169,000
$179,043 by Key Mortgage Services Inc
Mortgage Due Feb 01, 2043
255 South Park Place Drive in Bartlett, IL was first built in 1978 and is 46 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 unknown. 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. 255 South Park Place Drive has 2,257 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 8,100 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a attached 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E-. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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 heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 255 South Park Place Drive sold most recently in Apr 22, 2021 for a total of $325,000. If you work out the math, that's approximately a cost of $144.00 per sqft. Before that, the property was also sold for $169,000 in Jan 25, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,093 in taxes each year. 255 South Park Place Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,000. If we break it down further, the land itself was valued at $4,860. Improvements to the property, however, were assessed at a total of $28,140. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: E-
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,100
  • Total Building Area: 2,257
  • Gross Building Area: 2,257
  • Building Area: 2,257
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,257
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK PLACE WEST
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PARK) PLACE (WEST) SUB OF PT OF EH SE SEC 33-41-09

Ownership

  • Current Owner : IRIZARRY NANCY
  • Current Owner 2: PEREZ MARISOL
  • Previous Owner : ALI FIRASATH M
  • Previous Owner 2: ALI FAIZA
  • Owner Before Previous Owner: FEJDA RICHARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804506

Geography

  • District: 18
  • Parcel: 06-33-402-025-0000
  • Lot: 13
  • Meridian: SEC 33 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 41.992
  • Longitude: -88.2043

    Address

  • Full Address: 255 S Park Place Dr
  • Address - House Number: 255
  • Street Direction: S
  • Address - Street Name: Park Place
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R007
  • 4-Digit Zip Code: 4412
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,093
  • Tax Rate Code Area: 18018

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 416,300
  • High Value: 508,156
  • Low Value: 324,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,750
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $308,750
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $48,600
  • Market Improvement Value: $281,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $4,860
  • Assessed Improvements Value: $28,140

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11845289904
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120721185
  • Previous Sale Recording Date: Jan 29, 2013
  • Previous Sale Contract Date: Jan 25, 2012
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $308,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: KEY MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Jan 29, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $179,043
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2043

About Bartlett



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Frequently Asked Questions

What neighborhood is 255 South Park Place Drive located in?
The 255 South Park Place Drive is a located in the neighborhood of Hanover in Bartlett, Bartlett.
What is the average sales price for listings in 255 South Park Place Drive?
The average sales price for units in 255 South Park Place Drive is $0 currently.

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