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2701 Caroline Drive

2701 Caroline Drive, Homewood, IL 60430
Property in Bremen
Sold May 30, 2019
$235,000
Seller
$225,778 by Newrez Llc
Mortgage Due May 01, 2052
Sold Sep 06, 2018
$97,000
2701 Caroline Drive has been categorized by the local assessors in Homewood, IL as a residential type of property. The building on the property was first built in 1967 and is 57 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as 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, 2701 Caroline Drive has 1,056 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 9,768 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 2701 Caroline Drive sold most recently in May 15, 2019 for a total of $235,000. If you work out the math, that's approximately a cost of $222.54 per sqft. Before that, the property was also sold for $97,000 in Aug 22, 2018. 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 $7,135 in taxes each year. 2701 Caroline Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,000. If we break it down further, the land itself was valued at $5,128. Improvements to the property, however, were assessed at a total of $17,872. 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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,768
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PACESETTER HOLLYDALE
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JONES VERTRICE
  • Previous Owner : JEFF CORP
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 825503

Geography

  • District: 13
  • Parcel: 28-36-226-001-0000
  • Lot: 1
  • Meridian: SEC 36 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5647
  • Longitude: -87.6814

    Address

  • Full Address: 2701 Caroline Dr
  • Address - House Number: 2701
  • Address - Street Name: Caroline
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Homewood
  • Carrier Code: C010
  • 4-Digit Zip Code: 1118
  • Zip Code: 60430

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,135
  • Tax Rate Code Area: 13051

    Appraisal Valuation

  • Standard Deviation: 0.242
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 282,291
  • High Value: 350,628
  • Low Value: 213,954

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,778
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: May 04, 2022
  • First Open Lien Mortgage Loan Amount: $225,778
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $51,280
  • Market Improvement Value: $178,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $5,128
  • Assessed Improvements Value: $17,872

    Sales

  • Current Sale Contract Date: May 15, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Transaction ID: 11610158455
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1915008019
  • Previous Sale Recording Date: Sep 06, 2018
  • Previous Sale Contract Date: Aug 22, 2018
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLCO
  • First Mortgage Transaction Date: May 30, 2019
  • First Mortgage Loan Amount: $230,743
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2701 Caroline Drive located in?
The 2701 Caroline Drive is a located in the neighborhood of Bremen in Homewood, Homewood.
What is the average sales price for listings in 2701 Caroline Drive?
The average sales price for units in 2701 Caroline Drive is $0 currently.

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