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306 Sunset Trail

306 Sunset Trail, New Lenox, IL 60451
Property in New Lenox
Sold Mar 11, 2021
$185,000
$181,649 by Compass Mortgage Inc
Mortgage Due Mar 01, 2051
Sold Jan 04, 2017
$75,000
Local assessors in New Lenox, IL have categorized 306 Sunset Trail as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 2,167 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 is one full bathroom. There are also 2 partial bathrooms.

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 well system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 306 Sunset Trail sold most recently in Jan 12, 2021 for a total of $185,000. Before that, the property was also sold for $75,000 in Oct 18, 2016. 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 $4,164 in taxes each year. 306 Sunset Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $54,121. If we break it down further, the land itself was valued at $6,366. Improvements to the property, however, were assessed at a total of $47,755. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1982
  • Effective Year Built: 1982
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,167
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: FLANAGANS SUNSET TRAIL ADDITION
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A PRT OF LOT 6 IN FLANAGANS SUNSET TRAIL ADDN, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 22, T35N-R11E, DAF: SD PRT

Ownership

  • Current Owner : KRANICH ADAM
  • Previous Owner : NGUYEN THU GIANG
  • Previous Owner 2: NGUYEN TINA
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881115

Geography

  • Parcel: 15-08-22-103-050
  • Lot: 6
  • Meridian: SEC 22 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5102
  • Longitude: -87.9599

    Address

  • Full Address: 306 Sunset Trl
  • Address - House Number: 306
  • Address - Street Name: Sunset
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C001
  • 4-Digit Zip Code: 1811
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,164
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 218,275
  • High Value: 254,013
  • Low Value: 182,536

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $189,674
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $181,649
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: May 26, 2022
  • Second Open Lien Mortgage Loan Amount: $8,025
  • Second Open Lien Mortgage Term: 345
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $162,363
  • Market Land Value: $19,098
  • Market Improvement Value: $143,265

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,121
  • Assessed Land Value: $6,366
  • Assessed Improvements Value: $47,755

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Transaction ID: 11824537218
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020028427
  • Previous Sale Recording Date: Jan 04, 2017
  • Previous Sale Contract Date: Oct 18, 2016
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: Mar 11, 2021
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About New Lenox



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Nearby Rentals

Unit for rent at 835 Spencer Road, New Lenox, IL, 60451

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
835 Spencer Road, New Lenox, IL, 60451 Listing by Michael Fisher

Frequently Asked Questions

What neighborhood is 306 Sunset Trail located in?
The 306 Sunset Trail is a located in the neighborhood of New Lenox in New Lenox, New Lenox.
What is the average sales price for listings in 306 Sunset Trail?
The average sales price for units in 306 Sunset Trail is $0 currently.

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