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317 Heritage Woods Drive

317 Heritage Woods Drive, West Chicago, IL 60185
Property in Wayne
Sold Dec 15, 2020
$355,000
$337,250 by Ark-la-tex Financial Services
Mortgage Due Oct 01, 2050
Sold Dec 06, 2004
$412,000
$250,000 by Universal American Mortgage Co
Mortgage Due Dec 01, 2034
Local assessors in West Chicago, IL have categorized 317 Heritage Woods Drive as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 9,148 square feet. If we look only at the heated or air conditioned part of the building, then 317 Heritage Woods Drive has a total of 3,096 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 property was last sold in Sep 14, 2020 for $355,000. That's $114.66 per sqft. Prior to that sales transaction, the property was also sold in Nov 16, 2004 for $412,000. 317 Heritage Woods Drive was last assessed in 2022. The total value of the property was assessed at $123,250. Specifically, the land the property is located on was valued at $28,780. While improvements on the property were assessed at a total of $94,470. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,028. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,096
  • Building Area: 3,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,096
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESTONFIELD UNIT 2
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRESTONFIELD UNIT 2 ALL

Ownership

  • Current Owner : AIELLO RACHEL
  • Current Owner 2: AIELLO STEVEN AIROL
  • Previous Owner : CHILCUTT MICHAEL D
  • Previous Owner 2: CHILCUTT BARBARA L
  • Owner Before Previous Owner: PRESTONFIELD LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841312

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2966-B7
  • Parcel: 01-33-203-022
  • Lot: 99
  • Municipality: WAYNE
  • Latitude: 41.9105
  • Longitude: -88.2117

    Address

  • Full Address: 317 Heritage Woods Dr
  • Legal Unit: 2
  • Address - House Number: 317
  • Address - Street Name: Heritage Woods
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: West Chicago
  • Carrier Code: R011
  • 4-Digit Zip Code: 5968
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,028
  • Tax Rate Code Area: 1007

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 498,508
  • High Value: 583,912
  • Low Value: 413,104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,250
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Dec 15, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $337,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $369,750
  • Market Land Value: $86,340
  • Market Improvement Value: $283,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,250
  • Assessed Land Value: $28,780
  • Assessed Improvements Value: $94,470

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Transaction ID: 11808151125
  • Current Sale Price: $355,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2020-154541
  • Previous Sale Recording Date: Dec 06, 2004
  • Previous Sale Contract Date: Nov 16, 2004
  • Previous Sale Amount: $412,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 15, 2020
  • First Mortgage Loan Amount: $337,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 06, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2034

About West Chicago



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Frequently Asked Questions

What neighborhood is 317 Heritage Woods Drive located in?
The 317 Heritage Woods Drive is a located in the neighborhood of Wayne in West Chicago, West Chicago.
What is the average sales price for listings in 317 Heritage Woods Drive?
The average sales price for units in 317 Heritage Woods Drive is $0 currently.

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