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508 Northfield Drive

508 Northfield Drive, Joliet, IL 60435
Property in Troy
Sold Feb 18, 1997
$134,000
$111,200 by Numark Cu
Mortgage Due Apr 01, 2048
Local assessors in Joliet, IL have categorized 508 Northfield Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 9,001 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 508 Northfield Drive has a total of 1,744 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. Residents rely on central air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 508 Northfield Drive sold most recently in Feb 14, 1997 for a total of $134,000. If you work out the math, that's approximately a cost of $56.59 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,608 in taxes each year. 508 Northfield Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $77,199. If we break it down further, the land itself was valued at $13,907. Improvements to the property, however, were assessed at a total of $63,292. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Split level
  • Basement Type: Unspecified basement
  • Basement Area: 624
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,001
  • Total Building Area: 2,368
  • Building Area: 1,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHFIELD UNIT 8
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 103 IN NORTHFIELD SUB UNIT 8, BEING A SUB OF PRT OF THE E1/2 NW1/4 OF SEC 12, T35N-R9E.

Ownership

  • Current Owner : NICOSIA ANTHONY R
  • Current Owner 2: VICENCIO JOAN R
  • Previous Owner : LEACH HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883206

Geography

  • Parcel: 05-06-12-110-020
  • Lot: 103
  • Meridian: SEC 12 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5321
  • Longitude: -88.1518

    Address

  • Full Address: 508 Northfield Dr
  • Legal Unit: 8
  • Address - House Number: 508
  • Address - Street Name: Northfield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C018
  • 4-Digit Zip Code: 9432
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,608
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 282,941
  • High Value: 329,263
  • Low Value: 236,618

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,200
  • First Open Lien Mortgage Lender: NUMARK CU
  • First Open Lien Mortgage Recording Date: Mar 29, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $111,200
  • 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: Apr 01, 2048

    Market Valuation

  • Market Total Value: $231,597
  • Market Land Value: $41,721
  • Market Improvement Value: $189,876

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,199
  • Assessed Land Value: $13,907
  • Assessed Improvements Value: $63,292

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 14, 1997
  • Current Sale Recording Date: Feb 18, 1997
  • Current Sale Transaction ID: 1089102200
  • Current Sale Price: $134,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R97-014030

    Last Sale Mortgage

  • First Mortgage Lender: ICM MTG
  • First Mortgage Transaction Date: Feb 18, 1997
  • First Mortgage Loan Amount: $134,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2027

    Financing

  • First Mortgage Financing Type: Variable

About Joliet



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Frequently Asked Questions

What neighborhood is 508 Northfield Drive located in?
The 508 Northfield Drive is a located in the neighborhood of Troy in Joliet, Joliet.
What is the average sales price for listings in 508 Northfield Drive?
The average sales price for units in 508 Northfield Drive is $0 currently.

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