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426 South Walnut Street

426 South Walnut Street, Itasca, IL 60143
Property in Addison
Sold Aug 28, 2006
$850,000
$915,000 by Crosscountry Mortgage Inc
Mortgage
Sold Dec 21, 2004
$350,000
$800,000 by Unionbank
Mortgage
Local assessors in Itasca, IL have categorized 426 South Walnut Street 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 11,326 square feet. The linear feet between the front and back of the lot was measured at 172 ft and the front of the lot was measured at 66 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 4 full bathrooms. There are also 5 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 426 South Walnut Street has a total of 3,782 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 attached garage for those who need a place to park their vehicle. The garage on the property is 814 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 brick control joints. Lots of brick 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 heating system is the primary heating source. 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, 426 South Walnut Street was last sold in Apr 12, 2006 for $850,000. According to our calculations, that's $129.28 per sqft. Prior to that sales transaction, the property was sold for $350,000 in Dec 14, 2004. Current property owners are expected to pay $15,855 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 426 South Walnut Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $233,100. To break that down further, the land itself was valued at $50,890. While improvements to the property were assessed at a total of $182,210. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Construction Type: Brick
  • Building Style: A-frame
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,979
  • Garage Type: Attached
  • Garage Square Area: 814
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 172
  • Lot Size Frontage Feet: 66
  • Total Building Area: 6,575
  • Gross Building Area: 6,575
  • Building Area: 3,782
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,782
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WALNUT ESTATES OF ITASCA RESUB
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALNUT ESTATES OF ITASCA RESUB ALL

Ownership

  • Current Owner : LEE DONG W
  • Previous Owner : PREMIUM BUILDERS & DEVELOPERS INC
  • Owner Before Previous Owner: ROBINSON BRUCE M
  • Owner Before Previous Owner 2: ROBINSON LINDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Itasca School District 10
  • School Tax School District: ITASCA
  • Census Tract: 840202

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2914-C7
  • Parcel: 03-08-319-030
  • Lot: 1
  • Municipality: ADDISON
  • Latitude: 41.9649
  • Longitude: -88.0135

    Address

  • Full Address: 426 S Walnut St
  • Address - House Number: 426
  • Street Direction: S
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Itasca
  • Carrier Code: C012
  • 4-Digit Zip Code: 2140
  • Zip Code: 60143

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,855
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 3087

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 769,192
  • High Value: 890,098
  • Low Value: 648,286

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $915,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 19, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $915,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $699,300
  • Market Land Value: $152,670
  • Market Improvement Value: $546,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $233,100
  • Assessed Land Value: $50,890
  • Assessed Improvements Value: $182,210

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2006
  • Current Sale Recording Date: Aug 28, 2006
  • Current Sale Transaction ID: 1177968904
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2006-166270
  • Previous Sale Recording Date: Dec 21, 2004
  • Previous Sale Contract Date: Dec 14, 2004
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IRWIN MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 28, 2006
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2021

    Previous Mortgages

  • Previous Mortgage Lender: UNIONBANK
  • Previous Mortgage Transaction Date: Dec 21, 2004
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 426 South Walnut Street located in?
The 426 South Walnut Street is a located in the neighborhood of Addison in Itasca, Itasca.
What is the average sales price for listings in 426 South Walnut Street?
The average sales price for units in 426 South Walnut Street is $0 currently.

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