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2940 Joela Drive

2940 Joela Drive, New Lenox, IL 60451
Property in New Lenox
Sold Jun 30, 2017
$256,500
$205,200 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2032
2940 Joela Drive has been categorized by the local assessors in New Lenox, IL as a residential type of property. The area measurement of the land has been determined as 15,036 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. 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, 2940 Joela Drive was last sold in Jun 23, 2017 for $256,500. Current property owners are expected to pay $8,354 in taxes per year. The property on 2940 Joela Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $102,551. To break that down further, the land itself was valued at $28,327. While improvements to the property were assessed at a total of $74,224. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,036
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERRY HILL
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 20 IN CHERRY HILL SOUTH SUB, BEING A SUB OF PRT OF THE S1/2 OF THE SE1/4 OF SEC 18, T-35N-R11E.

Ownership

  • Current Owner : SCHAAP RYAN
  • Current Owner 2: SCHAAP KRISTEL
  • Previous Owner : MARQUETTE BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881108

Geography

  • Parcel: 15-08-18-406-031
  • Lot: 20
  • Meridian: SEC 18 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5143
  • Longitude: -88.0075

    Address

  • Full Address: 2940 Joela Dr
  • Address - House Number: 2940
  • Address - Street Name: Joela
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C005
  • 4-Digit Zip Code: 3531
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,354
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 380,289
  • High Value: 436,656
  • Low Value: 323,922

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $371,200
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 30, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $205,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2032
  • Second Open Lien Mortgage Lender: NEWREZ LLC
  • Second Open Lien Mortgage Recording Date: Sep 27, 2021
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $166,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2031

    Market Valuation

  • Market Total Value: $307,653
  • Market Land Value: $84,981
  • Market Improvement Value: $222,672

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,551
  • Assessed Land Value: $28,327
  • Assessed Improvements Value: $74,224

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2017
  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Transaction ID: 1589300712
  • Current Sale Price: $256,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2017051070

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 30, 2017
  • First Mortgage Loan Amount: $205,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2032

    Financing

  • First Mortgage Financing Type: Fixed Rate

About New Lenox



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Frequently Asked Questions

What neighborhood is 2940 Joela Drive located in?
The 2940 Joela Drive is a located in the neighborhood of New Lenox in New Lenox, New Lenox.
What is the average sales price for listings in 2940 Joela Drive?
The average sales price for units in 2940 Joela Drive is $0 currently.

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