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516 Timber Drive

516 Timber Drive, Harvard, IL 60033
Sold Sep 09, 2020
$139,000
$36,482 by Quicken Loans Llc
Mortgage Due Sep 01, 2050
Sold Jun 22, 2018
$90,000
$88,369 by Midwest Community Bank
Mortgage Due Jul 01, 2048
Local assessors in Harvard, IL have categorized 516 Timber Drive as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 2,964 square feet. The linear feet between the front and back of the lot was measured at 700 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 516 Timber Drive has a total of 1,280 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 516 Timber Drive was last sold in Aug 28, 2020 for $139,000. According to our calculations, that's $72.40 per sqft. Prior to that sales transaction, the property was sold for $90,000 in Jun 1, 2018. Current property owners are expected to pay $3,801 in taxes per year. The property on 516 Timber Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $44,411. To break that down further, the land itself was valued at $11,370. While improvements to the property were assessed at a total of $33,041. 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. 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!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.

Building Features

Exterior

Aluminum Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Row home
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 640
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,964
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,920
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,280
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHADOW CREEK RESUB
  • Land Acres: 0.68
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2020R0036115 LT 252 /EX E 159FT/ SHADOW CREEK RESUB

Ownership

  • Current Owner : ODOM ANGELA
  • Current Owner 2: ODOM DUSTIN I
  • Previous Owner : JARIABKA SEANSON
  • Previous Owner 2: SANCHEZ ISMAEL
  • Owner Before Previous Owner: RICHARDS SCOTT C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harvard Community Unit School District 50
  • Census Tract: 870200

Geography

  • Parcel: 06-02-157-108
  • Lot: 252
  • Municipality: DUNHAM TWP
  • Latitude: 42.4086
  • Longitude: -88.625

    Address

  • Full Address: 516 Timber Dr
  • Address - House Number: 516
  • Address - Street Name: Timber
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Harvard
  • Carrier Code: R004
  • 4-Digit Zip Code: 7818
  • Zip Code: 60033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,801
  • Tax Rate Code Area: 06004

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 197,219
  • High Value: 233,708
  • Low Value: 160,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $36,482
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Loan Amount: $36,482
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $133,233
  • Market Land Value: $34,110
  • Market Improvement Value: $99,123

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,411
  • Assessed Land Value: $11,370
  • Assessed Improvements Value: $33,041

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11786770861
  • Current Sale Price: $139,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0036115
  • Previous Sale Recording Date: Jun 22, 2018
  • Previous Sale Contract Date: Jun 01, 2018
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $36,482
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MIDWEST COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jun 22, 2018
  • Previous Mortgage Loan Amount: $88,369
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2048

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 516 Timber Drive located in?
The 516 Timber Drive is a house located in the neighborhood of Shadow Creek in Shadow Creek, Harvard.
What is the average sales price for listings in 516 Timber Drive?
The average sales price for units in 516 Timber Drive is $139,900 , or $102/sqft. currently.

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