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40W602 Barko Parkway

40W602 Barko Parkway, Huntley, IL 60142
Property in Rutland
Sold Apr 22, 2014
$227,500
$75,000 by Bmo Harris Bank Na
Mortgage Due Apr 19, 2044
Sold Apr 05, 2013
$291,500
$179,000 by Bmo Harris Bank Na
Mortgage Due Apr 01, 2043
Local assessors in Huntley, IL have categorized 40W602 Barko Parkway as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 23,958 square feet. The linear feet between the front and back of the lot was measured at 1,850 ft and the front of the lot was measured at 1,300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 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 40W602 Barko Parkway has a total of 3,596 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,390 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 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. 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, 40W602 Barko Parkway sold most recently in Apr 16, 2014 for a total of $227,500. If you work out the math, that's approximately a cost of $55.16 per sqft. Before that, the property was also sold for $291,500 in May 15, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,452 in taxes each year. 40W602 Barko Parkway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $71,562. If we break it down further, the land itself was valued at $21,170. Improvements to the property, however, were assessed at a total of $50,392. 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

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Split level
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,390
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,958
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 4,124
  • Gross Building Area: 4,124
  • Building Area: 3,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: LANDINGS UNIT 1
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MILASH BRUCE P
  • Current Owner 2: MILASH LINDA A
  • Previous Owner : BURKE GEORGE TERRENCE
  • Previous Owner 2: BURKE PEGGY LOU
  • Owner Before Previous Owner: SCHULE MARK A
  • Owner Before Previous Owner 2: SCHULE DONNA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850707

Geography

  • Parcel: 02-03-376-003
  • Lot: 39
  • Municipality: RUTLAND
  • Latitude: 42.1405
  • Longitude: -88.4055

    Address

  • Full Address: 40w602 Barko Pkwy
  • Address - House Number: 40w602
  • Address - Street Name: Barko
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Huntley
  • Carrier Code: R013
  • 4-Digit Zip Code: 8009
  • Zip Code: 60142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,452
  • Tax Rate Code Area: RU011

    Appraisal Valuation

  • Standard Deviation: 0.1385
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 83
  • Final Value: 375,031
  • High Value: 426,973
  • Low Value: 323,089

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Apr 22, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $75,000
  • 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: Apr 19, 2044

    Market Valuation

  • Market Total Value: $214,772
  • Market Land Value: $63,535
  • Market Improvement Value: $151,236

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,562
  • Assessed Land Value: $21,170
  • Assessed Improvements Value: $50,392

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2014
  • Current Sale Recording Date: Apr 22, 2014
  • Current Sale Transaction ID: 1135848099
  • Current Sale Price: $227,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014K018838
  • Previous Sale Recording Date: Apr 05, 2013
  • Previous Sale Contract Date: May 15, 2009
  • Previous Sale Amount: $291,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Apr 22, 2014
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: BMO HARRIS BANK NA
  • Previous Mortgage Transaction Date: Apr 05, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $179,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2043

About Kane



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Frequently Asked Questions

What neighborhood is 40W602 Barko Parkway located in?
The 40W602 Barko Parkway is a located in the neighborhood of Rutland in Kane, Huntley.
What is the average sales price for listings in 40W602 Barko Parkway?
The average sales price for units in 40W602 Barko Parkway is $0 currently.

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