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405 Bower Lane

405 Bower Lane, Oswego, IL 60543
Property in Oswego
Sold Oct 06, 2005
$417,500
$322,000 by Bank Of America Na
Mortgage Due May 01, 2040
405 Bower Lane has been categorized by the local assessors in Oswego, IL as a residential type of property. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 790 ft. The area measurement of the land has been determined as 10,270 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 405 Bower Lane sold most recently in Sep 22, 2005 for a total of $417,500. 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 $12,445 in taxes each year. 405 Bower Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $137,815. If we break it down further, the land itself was valued at $32,608. Improvements to the property, however, were assessed at a total of $105,207. 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: 10,270
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 790
  • 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: SPRING GATE AT SOUTHBURY PHASE 2
  • Land Acres: 0.266
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 2-101 SPRING GATE AT SOUTHBURY PHASE 2 VILLAGE OF OSWEGO

Ownership

  • Current Owner : WEI HSIU CHING
  • Current Owner 2: WEI ALICE CHIA YU
  • Previous Owner : REALEN HOMES LP

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890107

Geography

  • Assessors Map Reference: 3263-E3
  • Parcel: 03-16-403-003
  • Lot: 2-101
  • Municipality: OSWEGO TOWNSHIP
  • Latitude: 41.6846
  • Longitude: -88.3271

    Address

  • Full Address: 405 Bower Ln
  • Address - House Number: 405
  • Address - Street Name: Bower
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oswego
  • Carrier Code: R019
  • 4-Digit Zip Code: 3201
  • Zip Code: 60543

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,445
  • Tax Rate Code Area: OS008

    Appraisal Valuation

  • Standard Deviation: 0.1393
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 529,213
  • High Value: 602,980
  • Low Value: 455,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 10, 2010
  • First Open Lien Mortgage Loan Amount: $322,000
  • 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: May 01, 2040

    Market Valuation

  • Market Total Value: $413,445
  • Market Land Value: $97,824
  • Market Improvement Value: $315,621

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $137,815
  • Assessed Land Value: $32,608
  • Assessed Improvements Value: $105,207

    Sales

  • Current Sale Contract Date: Sep 22, 2005
  • Current Sale Recording Date: Oct 06, 2005
  • Current Sale Transaction ID: 1097827145
  • Current Sale Price: $417,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200500030816

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Oct 06, 2005
  • First Mortgage Loan Amount: $333,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2035

About Oswego



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Frequently Asked Questions

What neighborhood is 405 Bower Lane located in?
The 405 Bower Lane is a located in the neighborhood of Oswego in Oswego, Oswego.
What is the average sales price for listings in 405 Bower Lane?
The average sales price for units in 405 Bower Lane is $0 currently.

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