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350 East Lake Drive

350 East Lake Drive, Edwardsville, IL 62025
Property in Edwardsville
Sold May 23, 2022
$355,000
$301,750 by Das Acquisition Co Llc
Mortgage
Sold Dec 07, 2021
$320,000
$256,000 by Busey Bank
Mortgage Due Dec 01, 2036
Local assessors in Edwardsville, IL have categorized 350 East Lake Drive as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 16,740 square feet. The linear feet between the front and back of the lot was measured at 1,674 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. 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 350 East Lake Drive has a total of 2,038 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 350 East Lake Drive was last sold in May 16, 2022 for $355,000. According to our calculations, that's $174.19 per sqft. Prior to that sales transaction, the property was sold for $320,000 in Nov 22, 2021. Current property owners are expected to pay $7,572 in taxes per year. The property on 350 East Lake Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $103,400. To break that down further, the land itself was valued at $16,380. While improvements to the property were assessed at a total of $87,020. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Venner Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,740
  • Lot Size Depth Feet: 1,674
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,038
  • Building Area: 2,038
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,038
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUNLAP VIEW
  • Land Acres: 0.384
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DUNLAP VIEW LOT 4 100 X 167.40 IRR

Ownership

  • Current Owner : SAFE CHELSEA MERRELL
  • Current Owner 2: SAFE JESSE ALAN KENNETH
  • Previous Owner : ROBIN E SINN TRUSTEE
  • Owner Before Previous Owner: CAMERO MICHAEL JOSEPH
  • Owner Before Previous Owner 2: CAMERO CINDY
  • Ownership Rights Codes: Joint Tenants
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Edwardsville Community Unit School District 7
  • School Tax School District: 014
  • Census Tract: 403002

Geography

  • District: 14
  • Parcel: 14-2-15-12-04-402-022
  • Lot: 4
  • Municipality: EDWARDSVILLE
  • Latitude: 38.8063
  • Longitude: -89.9296

    Address

  • Full Address: 350 E Lake Dr
  • Address - House Number: 350
  • Street Direction: E
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Edwardsville
  • Carrier Code: R005
  • 4-Digit Zip Code: 4297
  • Zip Code: 62025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,572
  • Tax Rate Code Area: 102

    Appraisal Valuation

  • Standard Deviation: 0.2673
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 367,729
  • High Value: 466,052
  • Low Value: 269,406

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,750
  • First Open Lien Mortgage Lender: DAS ACQUISITION CO LLC
  • First Open Lien Mortgage Recording Date: May 23, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $301,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $310,200
  • Market Land Value: $49,140
  • Market Improvement Value: $261,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,400
  • Assessed Land Value: $16,380
  • Assessed Improvements Value: $87,020

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Transaction ID: 11889687377
  • Current Sale Price: $355,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2022R17458
  • Previous Sale Recording Date: Dec 07, 2021
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAS ACQUISITION CO LLC
  • First Mortgage Transaction Date: May 23, 2022
  • First Mortgage Loan Amount: $301,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BUSEY BANK
  • Previous Mortgage Transaction Date: Dec 07, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $256,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Edwardsville



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Frequently Asked Questions

What neighborhood is 350 East Lake Drive located in?
The 350 East Lake Drive is a located in the neighborhood of Edwardsville in Edwardsville, Edwardsville.
What is the average sales price for listings in 350 East Lake Drive?
The average sales price for units in 350 East Lake Drive is $0 currently.

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