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32 North Chestnut Lane

32 North Chestnut Lane, Glenwood, IL 60425
Property in Bloom
Sold Jun 11, 2021
$165,000
$10,000 by Illinois Housing Development A
Mortgage
Sold Dec 28, 2015
$131,000
$104,800 by Pnc Mortgage Llc
Mortgage Due Jan 01, 2046
32 North Chestnut Lane has been categorized by the local assessors in Glenwood, IL as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 32 North Chestnut Lane has 775 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 8,096 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 32 North Chestnut Lane was last sold in Apr 3, 2021 for $165,000. According to our calculations, that's $212.90 per sqft. Prior to that sales transaction, the property was sold for $131,000 in Dec 16, 2015. Current property owners are expected to pay $4,551 in taxes per year. The property on 32 North Chestnut Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,000. To break that down further, the land itself was valued at $2,834. While improvements to the property were assessed at a total of $12,166. 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

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,096
  • Total Building Area: 775
  • Gross Building Area: 775
  • Building Area: 775
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 775
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEVENTH ADD TO GLENWOOD GARDENS
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SEVENTH) ADD TO (GLENWOOD)(GARDENS) SUB OF PT SE SEC 03-35-14

Ownership

  • Current Owner : OSLANYA ADEBAJO
  • Previous Owner : CORREA JORGE I
  • Previous Owner 2: CORREA ALEXANDRA R
  • Owner Before Previous Owner: ABC TURNKEY PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloom Township High School District 206
  • Census Tract: 828702

Geography

  • District: 12
  • Parcel: 32-03-420-010-0000
  • Lot: 419
  • Meridian: SEC 03 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5478
  • Longitude: -87.6041

    Address

  • Full Address: 32 N Chestnut Ln
  • Address - House Number: 32
  • Street Direction: N
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Glenwood
  • Carrier Code: C003
  • 4-Digit Zip Code: 1425
  • Zip Code: 60425

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,551
  • Tax Rate Code Area: 12016

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 159,186
  • High Value: 195,535
  • Low Value: 122,838

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $20,000
  • First Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Loan Amount: $10,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Jun 11, 2021
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $28,340
  • Market Improvement Value: $121,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $2,834
  • Assessed Improvements Value: $12,166

    Sales

  • Current Sale Contract Date: Apr 03, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11839755666
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2116246226
  • Previous Sale Recording Date: Dec 28, 2015
  • Previous Sale Contract Date: Dec 16, 2015
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $10,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Mortgage Transaction Date: Jun 11, 2021
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 28, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $104,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2046

About Glenwood



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Frequently Asked Questions

What neighborhood is 32 North Chestnut Lane located in?
The 32 North Chestnut Lane is a located in the neighborhood of Bloom in Glenwood, Glenwood.
What is the average sales price for listings in 32 North Chestnut Lane?
The average sales price for units in 32 North Chestnut Lane is $0 currently.

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