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3S361 Lorang Road

3S361 Lorang Road, Elburn, IL 60119
House in Blackberry
Sold Feb 17, 2021
$580,000
$464,000 by Cibm Bank
Mortgage Due Mar 01, 2051
Sold Feb 13, 1998
$290,000
$290,000 by Community Bank Of Plano
Mortgage Due Oct 28, 1998
Local assessors in Elburn, IL have categorized 3S361 Lorang Road as a residential type of property. The property's lot size has been calculated to be 435,600 square feet.

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 garage for those who need a place to park their vehicle. There are 5 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3S361 Lorang Road sold most recently in Jan 18, 2021 for a total of $580,000. Before that, the property was also sold for $290,000 in Jan 31, 1998. 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 $10,485 in taxes each year. 3S361 Lorang Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $124,540. If we break it down further, the land itself was valued at $16,177. Improvements to the property, however, were assessed at a total of $108,363. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Combination
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH PARK ADD
  • Land Acres: 10
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: PT

Ownership

  • Current Owner : SURTA ADAM
  • Previous Owner : MARINO JOSEPH G
  • Previous Owner 2: JOSEPH G MARINO DECLARATION OF
  • Owner Before Previous Owner: SAVINO RUSSELL E
  • Owner Before Previous Owner 2: SAVINO NICOLET A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854506

Geography

  • Parcel: 11-31-100-012
  • Municipality: BLACKBERRY
  • Latitude: 41.8178
  • Longitude: -88.4887

    Address

  • Full Address: 3s361 Lorang Rd
  • Address - House Number: 3s361
  • Address - Street Name: Lorang
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Elburn
  • Carrier Code: R001
  • 4-Digit Zip Code: 9795
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,485
  • Tax Rate Code Area: BB028

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 576,245
  • High Value: 655,502
  • Low Value: 496,987

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $464,000
  • First Open Lien Mortgage Lender: CIBM BANK
  • First Open Lien Mortgage Recording Date: Feb 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $464,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $373,770
  • Market Land Value: $48,550
  • Market Improvement Value: $325,219

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,540
  • Assessed Land Value: $16,177
  • Assessed Improvements Value: $108,363

    Sales

  • Current Sale Contract Date: Jan 18, 2021
  • Current Sale Recording Date: Feb 17, 2021
  • Current Sale Transaction ID: 11822746259
  • Current Sale Price: $580,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K012803
  • Previous Sale Recording Date: Feb 13, 1998
  • Previous Sale Contract Date: Jan 31, 1998
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Feb 17, 2021
  • First Mortgage Loan Amount: $464,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY BANK OF PLANO
  • Previous Mortgage Transaction Date: Feb 13, 1998
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 7
  • Previous Mortgage Loan Due Date: Oct 28, 1998

About Kane



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Frequently Asked Questions

What neighborhood is 3S361 Lorang Road located in?
The 3S361 Lorang Road is a house located in the neighborhood of Blackberry in Kane, Elburn.
What is the average sales price for listings in 3S361 Lorang Road?
The average sales price for units in 3S361 Lorang Road is $0 currently.

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