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3135 Newport Lane

3135 Newport Lane, Wadsworth, IL 60083
Sold Mar 07, 2022
$340,000
$271,000 by Provident Funding Associates L
Mortgage Due Feb 01, 2037
Sold Jun 08, 2010
$285,000
$212,000 by First Midwest Bank
Mortgage Due Jul 01, 2025
3135 Newport Lane has been categorized by the local assessors in Wadsworth, IL as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3135 Newport Lane has 3,151 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 8,995 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 attached garage for those who require parking. The garage measured 580 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 A by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 3135 Newport Lane sold most recently in Jan 18, 2022 for a total of $340,000. If you work out the math, that's approximately a cost of $64.82 per sqft. Before that, the property was also sold for $285,000 in May 28, 2010. 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 $12,644 in taxes each year. 3135 Newport Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $117,676. If we break it down further, the land itself was valued at $15,346. Improvements to the property, however, were assessed at a total of $102,330. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,514
  • Garage Type: Attached
  • Garage Square Area: 580
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,995
  • Total Building Area: 5,245
  • Gross Building Area: 5,245
  • Building Area: 3,151
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,151
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE GREENS AT MIDLANE NORTH ACCESS SUBDI
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE GREENS AT MIDLANE NORTH ACCESS SUBDIVISION; LOT 60

Ownership

  • Current Owner : WU YANHUA
  • Current Owner 2: WANG JUN
  • Previous Owner : ASAD FAYEZ M
  • Previous Owner 2: ASAD MAYSA
  • Owner Before Previous Owner: YORRO CHRISTOPHER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gurnee School District 56
  • Census Tract: 861506

Geography

  • District: WARREN
  • Parcel: 07-02-206-002
  • Lot: 60
  • Municipality: TWP OF WARREN
  • Latitude: 42.4112
  • Longitude: -87.9123

    Address

  • Full Address: 3135 Newport Ln
  • Address - House Number: 3135
  • Address - Street Name: Newport
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wadsworth
  • Carrier Code: R004
  • 4-Digit Zip Code: 8934
  • Zip Code: 60083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,644
  • Tax Rate Code Area: 8024

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 432,137
  • High Value: 506,749
  • Low Value: 357,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Loan Amount: $271,000
  • 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: Feb 01, 2037

    Market Valuation

  • Market Total Value: $353,064
  • Market Land Value: $46,043
  • Market Improvement Value: $307,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,676
  • Assessed Land Value: $15,346
  • Assessed Improvements Value: $102,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Transaction ID: 11881066579
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7880662
  • Previous Sale Recording Date: Jun 08, 2010
  • Previous Sale Contract Date: May 28, 2010
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Mar 07, 2022
  • First Mortgage Loan Amount: $271,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MIDWEST BANK
  • Previous Mortgage Transaction Date: Jun 08, 2010
  • Previous Mortgage Loan Amount: $212,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2025

About The Greens at Midlane North



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3135 Newport Lane located in?
The 3135 Newport Lane is a house located in the neighborhood of The Greens at Midlane North in The Greens at Midlane North, Wadsworth.
What is the average sales price for listings in 3135 Newport Lane?
The average sales price for units in 3135 Newport Lane is $0 currently.

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