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506 Shorewood Drive

506 Shorewood Drive, Shorewood, IL 60404
Property in Troy
Sold Sep 08, 2021
$245,000
$196,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2051
Sold Dec 14, 2004
$190,000
$152,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2035
506 Shorewood Drive in Shorewood, IL was first built in 1969 and is 55 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 split level style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 506 Shorewood Drive has 1,639 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 basement is 576 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 760 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 10,032 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 air conditioning. The property was last sold in Sep 8, 2021 for $245,000. That's $149.48 per sqft. Prior to that sales transaction, the property was also sold in Dec 9, 2004 for $190,000. 506 Shorewood Drive was last assessed in 2022. The total value of the property was assessed at $71,017. Specifically, the land the property is located on was valued at $13,797. While improvements on the property were assessed at a total of $57,220. 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 $5,677. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1969
  • Effective Year Built: 1969
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 576
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,032
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,639
  • Building Area: 1,639
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,639
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BROOK FOREST UNIT #3
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 71 IN BROOK FOREST UNIT 3, A SUB OF THE E1/2 W1/2 NE1/4 IN SEC 9, T35N-R9E

Ownership

  • Current Owner : KULOVITZ JACOB
  • Previous Owner : MASSEY WILLIAM J
  • Previous Owner 2: MASSEY KATHLEEN
  • Owner Before Previous Owner: HOLLENBECK PAUL R
  • Owner Before Previous Owner 2: HOLLENBECK JUANA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883216

Geography

  • Parcel: 05-06-09-204-013
  • Lot: 71
  • Meridian: SEC 09 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5296
  • Longitude: -88.2053

    Address

  • Full Address: 506 Shorewood Dr
  • Legal Unit: 3
  • Address - House Number: 506
  • Address - Street Name: Shorewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Shorewood
  • Carrier Code: R006
  • 4-Digit Zip Code: 9727
  • Zip Code: 60404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,677
  • Tax Rate Code Area: 0552

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 272,850
  • High Value: 315,857
  • Low Value: 229,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 08, 2021
  • First Open Lien Mortgage Loan Amount: $196,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $213,051
  • Market Land Value: $41,391
  • Market Improvement Value: $171,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,017
  • Assessed Land Value: $13,797
  • Assessed Improvements Value: $57,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Transaction ID: 11854963202
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021099276
  • Previous Sale Recording Date: Dec 14, 2004
  • Previous Sale Contract Date: Dec 09, 2004
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 08, 2021
  • First Mortgage Loan Amount: $196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 14, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Shorewood



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Frequently Asked Questions

What neighborhood is 506 Shorewood Drive located in?
The 506 Shorewood Drive is a located in the neighborhood of Troy in Shorewood, Shorewood.
What is the average sales price for listings in 506 Shorewood Drive?
The average sales price for units in 506 Shorewood Drive is $0 currently.

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