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282 Hickory Lane

282 Hickory Lane, South Elgin, IL 60177
Townhouse in Elgin
Sold Mar 29, 2021
$203,500
$182,999 by Guidance Residential Llc
Mortgage Due Apr 01, 2051
Sold Jun 16, 2015
$183,000
$179,685 by Cherry Creek Mortgage Co Inc
Mortgage
282 Hickory Lane has been categorized by the local assessors in South Elgin, IL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 2 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 282 Hickory Lane has 1,952 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 740 ft and across the front of the lot is 280 ft. The area measurement of the land has been determined as 2,178 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. 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. The inside of the home is being cooled with air conditioning at the moment. 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, 282 Hickory Lane was last sold in Mar 17, 2021 for $203,500. According to our calculations, that's $69.50 per sqft. Prior to that sales transaction, the property was sold for $183,000 in Apr 30, 2015. Current property owners are expected to pay $5,613 in taxes per year. The property on 282 Hickory Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $71,230. To break that down further, the land itself was valued at $21,423. While improvements to the property were assessed at a total of $49,807. 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. 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. 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 976
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 280
  • Total Building Area: 2,928
  • Gross Building Area: 2,928
  • Building Area: 1,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE BLUFFS
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMBRIDGE BLUFFS LOT 72

Ownership

  • Current Owner : TAJ SAAD MOHAMMAD
  • Previous Owner : EUSEBIO JESUS E
  • Owner Before Previous Owner: KHOTAVONG JULIE A
  • Owner Before Previous Owner 2: KHOTAVONG DENISE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 30, 2023

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851801

Geography

  • Parcel: 06-35-358-040
  • Lot: 72
  • Municipality: ELGIN
  • Latitude: 41.9893
  • Longitude: -88.2969

    Address

  • Full Address: 282 Hickory Ln
  • Address - House Number: 282
  • Address - Street Name: Hickory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: South Elgin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2303
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,613
  • Tax Rate Code Area: EL060

    Appraisal Valuation

  • Standard Deviation: 0.1494
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 276,557
  • High Value: 317,878
  • Low Value: 235,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,999
  • First Open Lien Mortgage Lender: GUIDANCE RESIDENTIAL LLC
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $182,999
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $213,776
  • Market Land Value: $64,295
  • Market Improvement Value: $149,481

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,230
  • Assessed Land Value: $21,423
  • Assessed Improvements Value: $49,807

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Transaction ID: 11827720043
  • Current Sale Price: $203,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K024204
  • Previous Sale Recording Date: Jun 16, 2015
  • Previous Sale Contract Date: Apr 30, 2015
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUIDANCE RESIDENTIAL LLC
  • First Mortgage Transaction Date: Mar 29, 2021
  • First Mortgage Loan Amount: $182,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Jun 16, 2015
  • Previous Mortgage Loan Amount: $179,685
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About South Elgin



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Nearby Rentals

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$2,000 /mo

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  • 1.5 Baths
  • 1,100 ft²
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Unit for rent at 800 Center Road, South Elgin, IL, 60177

$2,700 /mo

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800 Center Road, South Elgin, IL, 60177 Listing by James Coleman

Frequently Asked Questions

What neighborhood is 282 Hickory Lane located in?
The 282 Hickory Lane is a townhouse located in the neighborhood of Elgin in South Elgin, South Elgin.
What is the average sales price for listings in 282 Hickory Lane?
The average sales price for units in 282 Hickory Lane is $0 currently.

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