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4N331 Lake Eleanor Drive

4N331 Lake Eleanor Drive, Wayne, IL 60184
Property in Wayne
Sold Sep 23, 1998
$371,000
$397,800 by Guaranteed Rate Inc
Mortgage Due Mar 01, 2047
4N331 Lake Eleanor Drive has been categorized by the local assessors in Wayne, IL as a residential type of property. The building on the property was first built in 1988 and is 36 years old. Residents will have access to 2 full bathrooms. The building has a total of 2 stories. In addition, 4N331 Lake Eleanor Drive has 2,746 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 50,530 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The building has a hip style roof made of composition shingle. In terms of heating, it is utilizing a forced air unit. The property was last sold in Sep 18, 1998 for $371,000. That's $135.11 per sqft. 4N331 Lake Eleanor Drive was last assessed in 2022. The total value of the property was assessed at $164,550. Specifically, the land the property is located on was valued at $44,610. While improvements on the property were assessed at a total of $119,940. 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 $13,028. 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. 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Full Bathrooms: 2
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 2,746
  • Building Area: 2,746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,746
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE ELEANOR ESTATES
  • Land Acres: 1.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE ELEANOR ESTATES UNIT 1 ALL

Ownership

  • Current Owner : SCHMIDT THOMAS J
  • Current Owner 2: SCHMIDT PATRICIA A
  • Previous Owner : GIELOW BRUCE A
  • Previous Owner 2: GIELOW EILEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841313

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2966-A4
  • Parcel: 01-20-405-002
  • Lot: 21
  • Municipality: WAYNE
  • Latitude: 41.9349
  • Longitude: -88.2253

    Address

  • Full Address: 4n331 Lake Eleanor Dr
  • Legal Unit: 1
  • Address - House Number: 4n331
  • Address - Street Name: Lake Eleanor
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wayne
  • Carrier Code: R101
  • 4-Digit Zip Code: 2442
  • Zip Code: 60184

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,028
  • Tax Rate Code Area: 1127

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 595,213
  • High Value: 688,772
  • Low Value: 501,654

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,800
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 07, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $397,800
  • 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: Mar 01, 2047

    Market Valuation

  • Market Total Value: $493,650
  • Market Land Value: $133,830
  • Market Improvement Value: $359,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $164,550
  • Assessed Land Value: $44,610
  • Assessed Improvements Value: $119,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 1998
  • Current Sale Recording Date: Sep 23, 1998
  • Current Sale Transaction ID: 1096480674
  • Current Sale Price: $371,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R98-196319

    Last Sale Mortgage

  • First Mortgage Lender: RESERV MTG CORP
  • First Mortgage Transaction Date: Sep 23, 1998
  • First Mortgage Loan Amount: $296,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2028

About Wayne



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Frequently Asked Questions

What neighborhood is 4N331 Lake Eleanor Drive located in?
The 4N331 Lake Eleanor Drive is a located in the neighborhood of Wayne in Wayne, Wayne.
What is the average sales price for listings in 4N331 Lake Eleanor Drive?
The average sales price for units in 4N331 Lake Eleanor Drive is $0 currently.

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