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501 Clover Lane

501 Clover Lane, Bolingbrook, IL 60440
Property in Du Page
Sold Apr 12, 2021
$182,000
$175,925 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2051
Sold Nov 15, 2017
$155,000
$124,000 by Loandepot.com Llc
Mortgage Due Nov 01, 2047
501 Clover Lane in Bolingbrook, IL was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a raised ranch style. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 501 Clover Lane has 1,950 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 820 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 8,965 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 519 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 19, 2021 for $182,000. That's $93.33 per sqft. Prior to that sales transaction, the property was also sold in Oct 26, 2017 for $155,000. 501 Clover Lane was last assessed in 2022. The total value of the property was assessed at $84,278. Specifically, the land the property is located on was valued at $17,506. While improvements on the property were assessed at a total of $66,772. 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 $7,737. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1971
  • Effective Year Built: 1971
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 519
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,965
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WINSTON TRAILS
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 24 BLOCK 2 IN WINSTON TRAILS UNIT 1, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 SEC. 3, T37N-R10E.

Ownership

  • Current Owner : BUCKLEY JOSHUA DOUGLAS
  • Previous Owner : BUCKLEY DANIEL L
  • Previous Owner 2: BUCKLEY MARY J
  • Owner Before Previous Owner: ROSSI LARRY O
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880107

Geography

  • Parcel: 12-02-03-401-026
  • Block: 2
  • Lot: 24
  • Meridian: SEC 03 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.713
  • Longitude: -88.0733

    Address

  • Full Address: 501 Clover Ln
  • Legal Unit: 1
  • Address - House Number: 501
  • Address - Street Name: Clover
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C014
  • 4-Digit Zip Code: 1415
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,737
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1429
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 327,797
  • High Value: 374,668
  • Low Value: 280,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,925
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Loan Amount: $175,925
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $252,834
  • Market Land Value: $52,518
  • Market Improvement Value: $200,316

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,278
  • Assessed Land Value: $17,506
  • Assessed Improvements Value: $66,772

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Transaction ID: 11830803679
  • Current Sale Price: $182,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2021040924
  • Previous Sale Recording Date: Nov 15, 2017
  • Previous Sale Contract Date: Oct 26, 2017
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Apr 12, 2021
  • First Mortgage Loan Amount: $175,925
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Nov 15, 2017
  • Previous Mortgage Loan Amount: $124,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Bolingbrook



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Frequently Asked Questions

What neighborhood is 501 Clover Lane located in?
The 501 Clover Lane is a located in the neighborhood of Du Page in Bolingbrook, Bolingbrook.
What is the average sales price for listings in 501 Clover Lane?
The average sales price for units in 501 Clover Lane is $0 currently.

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