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263 Gregory M Sears Drive

263 Gregory M Sears Drive, Gilberts, IL 60136
Property in Rutland
Sold Jun 04, 2021
$282,500
$273,637 by Caliber Home Loans Inc
Mortgage Due Jul 01, 2051
Sold Sep 21, 2005
$258,000
$206,400 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2035
Local assessors in Gilberts, IL have categorized 263 Gregory M Sears Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial 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 263 Gregory M Sears Drive has a total of 1,572 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. 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 390 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 24, 2021 for $282,500. That's $102.80 per sqft. Prior to that sales transaction, the property was also sold in Sep 12, 2005 for $258,000. 263 Gregory M Sears Drive was last assessed in 2022. The total value of the property was assessed at $93,891. Specifically, the land the property is located on was valued at $24,441. While improvements on the property were assessed at a total of $69,450. 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 $7,849. 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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Colonial
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 786
  • Garage Type: Attached
  • Garage Square Area: 390
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,748
  • Gross Building Area: 2,748
  • Building Area: 1,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TIMBER TRAILS
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TIMBER TRAILS UNIT 1 LO 62

Ownership

  • Current Owner : FLORES ALEX
  • Previous Owner : MORRISON BRYAN C
  • Previous Owner 2: MITCHELL MORRISON AMI
  • Owner Before Previous Owner: FLAVIN MICHAEL J
  • Owner Before Previous Owner 2: FLAVIN SALLY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850708

Geography

  • Parcel: 02-36-130-002
  • Lot: 62
  • Municipality: RUTLAND
  • Latitude: 42.0809
  • Longitude: -88.3668

    Address

  • Full Address: 263 Gregory M Sears Dr
  • Legal Unit: 1
  • Address - House Number: 263
  • Address - Street Name: Gregory M Sears
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gilberts
  • Carrier Code: R033
  • 4-Digit Zip Code: 4021
  • Zip Code: 60136

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,849
  • Tax Rate Code Area: RU035

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 73
  • Final Value: 342,524
  • High Value: 410,779
  • Low Value: 274,268

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $273,637
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 04, 2021
  • First Open Lien Mortgage Loan Amount: $273,637
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $281,786
  • Market Land Value: $73,352
  • Market Improvement Value: $208,433

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,891
  • Assessed Land Value: $24,441
  • Assessed Improvements Value: $69,450

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11838859677
  • Current Sale Price: $282,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K042978
  • Previous Sale Recording Date: Sep 21, 2005
  • Previous Sale Contract Date: Sep 12, 2005
  • Previous Sale Amount: $258,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jun 04, 2021
  • First Mortgage Loan Amount: $273,637
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 21, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $206,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Gilberts



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Frequently Asked Questions

What neighborhood is 263 Gregory M Sears Drive located in?
The 263 Gregory M Sears Drive is a located in the neighborhood of Rutland in Gilberts, Gilberts.
What is the average sales price for listings in 263 Gregory M Sears Drive?
The average sales price for units in 263 Gregory M Sears Drive is $0 currently.

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