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425 Merlot Court

425 Merlot Court, Oswego, IL 60543
Property in Bristol
Sold Aug 22, 2018
$192,000
$184,351 by Planet Home Lending Llc
Mortgage Due Feb 01, 2052
Sold Apr 06, 2005
$207,000
$165,335 by Midamerica Bank Fsb
Mortgage Due Apr 01, 2045
Local assessors in Oswego, IL have categorized 425 Merlot Court as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 22,848 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 are 2 full bathrooms. There are also 3 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 425 Merlot Court has a total of 1,581 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 attached garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. The property was last sold in Jun 28, 2018 for $192,000. That's $97.91 per sqft. Prior to that sales transaction, the property was also sold in Mar 21, 2005 for $207,000. 425 Merlot Court was last assessed in 2022. The total value of the property was assessed at $67,118. Specifically, the land the property is located on was valued at $5,350. While improvements on the property were assessed at a total of $61,768. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,475. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 22,848
  • Total Building Area: 1,961
  • Gross Building Area: 1,961
  • Building Area: 1,581
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,581
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLACKBERRY KNOLLS CONDO
  • Land Acres: 0.525
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: UNIT 3591401 BLDG 14 TOWNES OF BLACKBERRY KNOLLS CONDO & % INTEREST IN COMMON AREA, VILLAGE OF OSWEGO

Ownership

  • Current Owner : GARRETT ANTONIA
  • Previous Owner : MUHLBACH JOHN A
  • Previous Owner 2: WALLACE HEATHER A
  • Owner Before Previous Owner: PASQUINELLI BLACKBERRY KNOLL LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890403

Geography

  • Assessors Map Reference: 3198-D7
  • Parcel: 02-12-109-012
  • Municipality: BRISTOL TOWNSHIP
  • Latitude: 41.7067
  • Longitude: -88.3862

    Address

  • Full Address: 425 Merlot Ct
  • Address - House Number: 425
  • Address - Street Name: Merlot
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Oswego
  • Carrier Code: R020
  • 4-Digit Zip Code: 6024
  • Zip Code: 60543

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,475
  • Tax Rate Code Area: BR032

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 263,262
  • High Value: 301,849
  • Low Value: 224,676

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $221,351
  • First Open Lien Mortgage Lender: PLANET HOME LENDING LLC
  • First Open Lien Mortgage Recording Date: Jan 24, 2022
  • First Open Lien Mortgage Loan Amount: $184,351
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052
  • Second Open Lien Mortgage Lender: COASTAL COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Mar 31, 2023
  • Second Open Lien Mortgage Loan Amount: $37,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $201,354
  • Market Land Value: $16,050
  • Market Improvement Value: $185,304

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,118
  • Assessed Land Value: $5,350
  • Assessed Improvements Value: $61,768

    Sales

  • Current Sale Contract Date: Jun 28, 2018
  • Current Sale Recording Date: Aug 22, 2018
  • Current Sale Transaction ID: 11498946591
  • Current Sale Price: $192,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201800012047
  • Previous Sale Recording Date: Apr 06, 2005
  • Previous Sale Contract Date: Mar 21, 2005
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 22, 2018
  • First Mortgage Loan Amount: $188,522
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MIDAMERICA BANK FSB
  • Previous Mortgage Transaction Date: Apr 06, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $165,335
  • Previous Mortgage Term: 479
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2045

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Frequently Asked Questions

What neighborhood is 425 Merlot Court located in?
The 425 Merlot Court is a located in the neighborhood of Bristol in Oswego, Oswego.
What is the average sales price for listings in 425 Merlot Court?
The average sales price for units in 425 Merlot Court is $0 currently.

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