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407 Applewood Lane

407 Applewood Lane, Belvidere, IL 61008
Property in Belvidere
Sold Jul 19, 2017
$149,950
$147,631 by Loancity.com
Mortgage Due Sep 01, 2047
Sold Jan 15, 2004
$147,450
Local assessors in Belvidere, IL have categorized 407 Applewood Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 11,761 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There are also 2 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 407 Applewood Lane has a total of 1,434 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 garage for those who need a place to park their vehicle. The garage on the property is 640 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of composition shingle. Lots of wood 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. 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, 407 Applewood Lane was last sold in Nov 26, 2003 for $149,950. According to our calculations, that's $104.57 per sqft. Prior to that sales transaction, the property was sold for $147,450 in Jan 15, 2004. Current property owners are expected to pay $4,795 in taxes per year. The property on 407 Applewood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $55,511. To break that down further, the land itself was valued at $6,869. While improvements to the property were assessed at a total of $48,642. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1998
  • Effective Year Built: 1998
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 730
  • Garage Type: Garage
  • Garage Square Area: 640
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,434
  • Building Area: 1,434
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,434
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WYNNWOOD 2
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 27-44-3 WYNNWOOD PLAT NO 2 LOT 55 407 APPLEWOOD LN

Ownership

  • Current Owner : MURRAY TIMOTHY
  • Current Owner 2: HERNANDEZ NORMA
  • Previous Owner : MICHAELS DANIEL L
  • Previous Owner 2: MICHAELS SUSAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010102

Geography

  • Account Number: 05-05-27-228-008
  • District: 050
  • Parcel: 05-27-228-008
  • Lot: 55
  • Municipality: BELVIDERE
  • Latitude: 42.2687
  • Longitude: -88.8656

    Address

  • Full Address: 407 Applewood Ln
  • Address - House Number: 407
  • Address - Street Name: Applewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Belvidere
  • Carrier Code: R011
  • 4-Digit Zip Code: 1987
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,795

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 76
  • Final Value: 214,275
  • High Value: 253,332
  • Low Value: 175,218

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,631
  • First Open Lien Mortgage Lender: LOANCITY.COM
  • First Open Lien Mortgage Recording Date: Jul 19, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $147,631
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $166,533
  • Market Land Value: $20,607
  • Market Improvement Value: $145,926

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,511
  • Assessed Land Value: $6,869
  • Assessed Improvements Value: $48,642

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 26, 2003
  • Current Sale Recording Date: Jul 19, 2017
  • Current Sale Transaction ID: 11708545631
  • Current Sale Price: $149,950
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jan 15, 2004
  • Previous Sale Contract Date: Jan 15, 2004
  • Previous Sale Amount: $147,450
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANCITY.COM
  • First Mortgage Transaction Date: Jul 19, 2017
  • First Mortgage Loan Amount: $147,631
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047
  • Second Mortgage Loan Amount: $147,631

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Belvidere



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Frequently Asked Questions

What neighborhood is 407 Applewood Lane located in?
The 407 Applewood Lane is a located in the neighborhood of Belvidere in Belvidere, Belvidere.
What is the average sales price for listings in 407 Applewood Lane?
The average sales price for units in 407 Applewood Lane is $0 currently.

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