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340 West Adams Street

340 West Adams Street, Villa Park, IL 60181
Property in York
Sold Sep 09, 2021
$410,000
$369,000 by Draper & Kramer Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Jun 21, 2017
$254,000
$212,000 by Quicken Loans Inc
Mortgage Due Jul 01, 2032
Local assessors in Villa Park, IL have categorized 340 West Adams Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 130 ft and the front of the lot was measured at 53 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 340 West Adams Street has a total of 1,644 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 home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 340 West Adams Street was last sold in Aug 31, 2021 for $410,000. According to our calculations, that's $165.46 per sqft. Prior to that sales transaction, the property was sold for $254,000 in May 26, 2017. Current property owners are expected to pay $8,641 in taxes per year. The property on 340 West Adams Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $117,140. To break that down further, the land itself was valued at $22,570. While improvements to the property were assessed at a total of $94,570. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 834
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 130
  • Lot Size Frontage Feet: 53
  • Total Building Area: 2,478
  • Gross Building Area: 2,478
  • Building Area: 1,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHIVELY VILLA
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHIVELY VILLA

Ownership

  • Current Owner : OSULLIVAN MICHAEL
  • Current Owner 2: OSULLIVAN CHRISTINA
  • Previous Owner : HUMMEL ANDREW S
  • Previous Owner 2: HUMMEL KELLY
  • Owner Before Previous Owner: HUMMEL J S
  • Owner Before Previous Owner 2: HUMMEL JACALYN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Villa Park School District 45
  • School Tax School District: VILLA PARK
  • Census Tract: 843700

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3027-A6
  • Parcel: 06-16-200-031
  • Block: 3
  • Lot: 29
  • Municipality: YORK
  • Latitude: 41.8729
  • Longitude: -87.988

    Address

  • Full Address: 340 W Adams St
  • Address - House Number: 340
  • Street Direction: W
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IL
  • City Name: Villa Park
  • Carrier Code: C038
  • 4-Digit Zip Code: 3114
  • Zip Code: 60181

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,641
  • Tax Rate Code Area: 6026

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 430,195
  • High Value: 497,815
  • Low Value: 362,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Loan Amount: $369,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $351,420
  • Market Land Value: $67,710
  • Market Improvement Value: $283,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,140
  • Assessed Land Value: $22,570
  • Assessed Improvements Value: $94,570

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11855586032
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-135401
  • Previous Sale Recording Date: Jun 21, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $254,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $369,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Jun 21, 2017
  • Previous Mortgage Loan Amount: $212,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2032

About Villa Park



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Frequently Asked Questions

What neighborhood is 340 West Adams Street located in?
The 340 West Adams Street is a located in the neighborhood of York in Villa Park, Villa Park.
What is the average sales price for listings in 340 West Adams Street?
The average sales price for units in 340 West Adams Street is $0 currently.

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