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5025 Vail Drive

5025 Vail Drive, Caledonia, IL 61011
Land in Harlem
Sold Mar 29, 2021
$358,000
$205,000 by Blackhawk Bank
Mortgage Due Apr 01, 2036
Sold Jul 09, 2020
$21,500
5025 Vail Drive in Caledonia, IL was first built in 2020 and is 4 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 custom style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5025 Vail Drive has 3,296 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 850 ft and the linear feet between the front and back of the lot is 1,640. In total, the area measurement of the land is 14,172 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 876 sqft. 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, 5025 Vail Drive was last sold in Mar 26, 2021 for $358,000. According to our calculations, that's $108.62 per sqft. Prior to that sales transaction, the property was sold for $21,500 in Jun 25, 2020. Current property owners are expected to pay $10,304 in taxes per year. The property on 5025 Vail Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $128,289. To break that down further, the land itself was valued at $12,184. While improvements to the property were assessed at a total of $116,105. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Custom
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 876
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,172
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,296
  • Gross Building Area: 3,296
  • Building Area: 3,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRECKENRIDGE SUB
  • Land Acres: 0.325
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRECKENRIDGE NO 3 PT SEC 35-45-2 LOT 96

Ownership

  • Current Owner : PATEL RASIKBHAI H
  • Current Owner 2: PATEL PARAG R
  • Previous Owner : THREE HAMMER CONSTRUCTION INC
  • Owner Before Previous Owner: RUBY-07-BRECK LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003810

Zoning

  • Zoning: R1 - SINGL

Geography

  • Parcel: 08-35-179-012
  • Lot: 96
  • Meridian: SEC 35 TWN 45 RANGE 2
  • Municipality: HARLEM
  • Latitude: 42.3336
  • Longitude: -88.9734

    Address

  • Full Address: 5025 Vail Dr
  • Address - House Number: 5025
  • Address - Street Name: Vail
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Caledonia
  • Carrier Code: R022
  • 4-Digit Zip Code: 9005
  • Zip Code: 61011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,304
  • Tax Rate Code Area: 026

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 476,408
  • High Value: 572,458
  • Low Value: 380,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: BLACKHAWK BANK
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $205,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $384,867
  • Market Land Value: $36,552
  • Market Improvement Value: $348,315

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,289
  • Assessed Land Value: $12,184
  • Assessed Improvements Value: $116,105

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Transaction ID: 11831377908
  • Current Sale Price: $358,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10425
  • Previous Sale Recording Date: Jul 09, 2020
  • Previous Sale Contract Date: Jun 25, 2020
  • Previous Sale Amount: $21,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLACKHAWK BANK
  • First Mortgage Transaction Date: Mar 29, 2021
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 5025 Vail Drive located in?
The 5025 Vail Drive is a land located in the neighborhood of Harlem in Loves Park, Caledonia.
What is the average sales price for listings in 5025 Vail Drive?
The average sales price for units in 5025 Vail Drive is $0 currently.

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