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502 Indian Ridge Trail

502 Indian Ridge Trail, Wauconda, IL 60084
Property in Country Ridge
Sold May 13, 2021
$252,000
$247,435 by Freedom Mortgage Corp
Mortgage Due Jun 01, 2051
Sold Apr 03, 2018
$254,900
$250,282 by Draper & Kramer Mortgage Corp
Mortgage Due Apr 01, 2048
502 Indian Ridge Trail has been categorized by the local assessors in Wauconda, IL as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 502 Indian Ridge Trail has 1,876 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,150 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,484 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Aug 20, 2020 for $252,000. That's $83.89 per sqft. Prior to that sales transaction, the property was also sold in Mar 28, 2018 for $254,900. 502 Indian Ridge Trail was last assessed in 2023. The total value of the property was assessed at $88,099. Specifically, the land the property is located on was valued at $16,039. While improvements on the property were assessed at a total of $72,060. 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 $8,568. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 728
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,484
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,004
  • Gross Building Area: 3,200
  • Building Area: 1,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURNSIDES AMENDED COUNTRY RIDGE PHASE 4
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BURNSIDES AMENDED COUNTRY RIDGE PHASE 4; LOT 204

Ownership

  • Current Owner : MASSO ALEJANDRO
  • Current Owner 2: MASSO ARELI
  • Previous Owner : GONZALEZ SERGIO TREVINO
  • Owner Before Previous Owner: MARKS TODD A
  • Owner Before Previous Owner 2: MARKS KRISTY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864207

Geography

  • Assessors Map Reference: 2587-D7
  • District: WAUCONDA
  • Subdivision Phase Number: 4
  • Parcel: 09-26-122-041
  • Lot: 204
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.2681
  • Longitude: -88.1522

    Address

  • Full Address: 502 Indian Ridge Trl
  • Address - House Number: 502
  • Address - Street Name: Indian Ridge
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Wauconda
  • Carrier Code: C007
  • 4-Digit Zip Code: 3007
  • Zip Code: 60084

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,568
  • Tax Rate Code Area: 13041

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 320,692
  • High Value: 396,852
  • Low Value: 244,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,435
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Loan Amount: $247,435
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $264,324
  • Market Land Value: $48,122
  • Market Improvement Value: $216,202

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,099
  • Assessed Land Value: $16,039
  • Assessed Improvements Value: $72,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11840773204
  • Current Sale Price: $252,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7787764
  • Previous Sale Recording Date: Apr 03, 2018
  • Previous Sale Contract Date: Mar 28, 2018
  • Previous Sale Amount: $254,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $247,435
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 03, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $250,282
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Country Ridge



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Frequently Asked Questions

What neighborhood is 502 Indian Ridge Trail located in?
The 502 Indian Ridge Trail is a located in the neighborhood of Country Ridge in Country Ridge, Wauconda.
What is the average sales price for listings in 502 Indian Ridge Trail?
The average sales price for units in 502 Indian Ridge Trail is $0 currently.

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