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408 East Side Drive

408 East Side Drive, Geneva, IL 60134
Property in Geneva
Sold Jul 07, 2021
$358,000
$286,400 by First Centennial Mortgage Co
Mortgage Due Jun 01, 2051
Sold Apr 18, 2017
$258,500
$205,650 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2047
Local assessors in Geneva, IL have categorized 408 East Side Drive as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 33,977 square feet. The linear feet between the front and back of the lot was measured at 3,000 ft and the front of the lot was measured at 1,120 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 408 East Side Drive has a total of 1,323 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on a window/unit air conditioning for their cooling system. 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, 408 East Side Drive was last sold in May 13, 2021 for $358,000. According to our calculations, that's $149.54 per sqft. Prior to that sales transaction, the property was sold for $258,500 in Mar 31, 2017. Current property owners are expected to pay $9,274 in taxes per year. The property on 408 East Side Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $122,068. To break that down further, the land itself was valued at $48,744. While improvements to the property were assessed at a total of $73,324. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Cottage
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,071
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 33,977
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 2,394
  • Gross Building Area: 2,394
  • Building Area: 1,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,323
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NWQ SEQ 2-39-8

Ownership

  • Current Owner : MECHANIC GARY B
  • Current Owner 2: MECHANIC JUDY KATHLEEN
  • Previous Owner : SEAL TANNER
  • Previous Owner 2: SEAL RYAN
  • Owner Before Previous Owner: ABEL STEVE
  • Owner Before Previous Owner 2: ABEL JOANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 852500

Geography

  • Parcel: 12-02-402-030
  • Municipality: GENEVA
  • Latitude: 41.8907
  • Longitude: -88.2909

    Address

  • Full Address: 408 E Side Dr
  • Address - House Number: 408
  • Street Direction: E
  • Address - Street Name: Side
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Geneva
  • Carrier Code: C003
  • 4-Digit Zip Code: 1519
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,274
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.1324
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 446,290
  • High Value: 505,409
  • Low Value: 387,170

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $286,400
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $286,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $366,351
  • Market Land Value: $146,291
  • Market Improvement Value: $220,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,068
  • Assessed Land Value: $48,744
  • Assessed Improvements Value: $73,324

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11842372018
  • Current Sale Price: $358,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K051988
  • Previous Sale Recording Date: Apr 18, 2017
  • Previous Sale Contract Date: Mar 31, 2017
  • Previous Sale Amount: $258,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CO
  • First Mortgage Transaction Date: Jul 07, 2021
  • First Mortgage Loan Amount: $286,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Apr 18, 2017
  • Previous Mortgage Loan Amount: $205,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Geneva



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Frequently Asked Questions

What neighborhood is 408 East Side Drive located in?
The 408 East Side Drive is a located in the neighborhood of Geneva in Geneva, Geneva.
What is the average sales price for listings in 408 East Side Drive?
The average sales price for units in 408 East Side Drive is $0 currently.

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