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3413 Cascade Lane

3413 Cascade Lane, New Lenox, IL 60451
Property in Edgecreek
Sold Mar 19, 2021
$400,000
$320,000 by Fifth Third Bank
Mortgage Due Feb 01, 2051
Sold Oct 10, 2001
$264,000
$145,000 by Hsbc Mtg Corp
Mortgage Due Oct 01, 2031
This has been categorized as a residential property type. In total, the area measurement of the land is 13,023 square feet.

Learn more about the property and building on this page. 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, 3413 Cascade Lane sold most recently in Jan 4, 2020 for a total of $400,000. Before that, the property was also sold for $264,000 in Sep 28, 2001. 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 $10,860 in taxes each year. 3413 Cascade Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $128,752. If we break it down further, the land itself was valued at $26,438. Improvements to the property, however, were assessed at a total of $102,314. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,023
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRINGVIEW WEST UNIT 6
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 59 IN SPRINGVIEW WEST SUB., UNIT 6, PHASE 3, A SUB OF PRT OF THE SW1/4 IN SEC. 5 T35N-R11E.

Ownership

  • Current Owner : MCGRATH MICHAEL
  • Current Owner 2: MCGRATH SARA
  • Previous Owner : FUERST LORENZ J
  • Previous Owner 2: FUERST LYNN A
  • Owner Before Previous Owner: DALY & SULLIVAN CONSTRUCTION CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881108

Geography

  • Subdivision Phase Number: 3
  • Parcel: 15-08-05-302-035
  • Lot: 59
  • Meridian: SEC 05 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.545
  • Longitude: -88.001

    Address

  • Full Address: 3413 Cascade Ln
  • Legal Unit: 6
  • Address - House Number: 3413
  • Address - Street Name: Cascade
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R005
  • 4-Digit Zip Code: 9809
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,860
  • Tax Rate Code Area: 1532

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 490,341
  • High Value: 561,924
  • Low Value: 418,758

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $386,256
  • Market Land Value: $79,314
  • Market Improvement Value: $306,942

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,752
  • Assessed Land Value: $26,438
  • Assessed Improvements Value: $102,314

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2020
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11825914395
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021031011
  • Previous Sale Recording Date: Oct 10, 2001
  • Previous Sale Contract Date: Sep 28, 2001
  • Previous Sale Amount: $264,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MTG CORP
  • Previous Mortgage Transaction Date: Oct 10, 2001
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2031

About Edgecreek



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Frequently Asked Questions

What neighborhood is 3413 Cascade Lane located in?
The 3413 Cascade Lane is a located in the neighborhood of Edgecreek in Edgecreek, New Lenox.
What is the average sales price for listings in 3413 Cascade Lane?
The average sales price for units in 3413 Cascade Lane is $0 currently.

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