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517 Kresswood Drive

517 Kresswood Drive, Mchenry, IL 60050
Property in Kresswood Trails
Sold Nov 15, 2021
$200,000
$183,150 by Crosscountry Mortgage Llc
Mortgage Due Nov 01, 2051
Sold Mar 01, 2002
$184,680
$100,000 by Bank Of America
Mortgage Due Mar 01, 2032
Local assessors in Mchenry, IL have categorized 517 Kresswood Drive as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 9,149 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 517 Kresswood Drive has a total of 1,709 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 attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 brick 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 central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 517 Kresswood Drive sold most recently in Sep 24, 2021 for a total of $200,000. If you work out the math, that's approximately a cost of $117.03 per sqft. Before that, the property was also sold for $184,680 in Jan 24, 2002. 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 $5,679 in taxes each year. 517 Kresswood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $65,910. If we break it down further, the land itself was valued at $6,397. Improvements to the property, however, were assessed at a total of $59,513. 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. 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.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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 680
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,149
  • Total Building Area: 1,709
  • Gross Building Area: 1,709
  • Building Area: 1,616
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,709
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KRESSWOOD TRAILS NORTH CONDOS 7TH
  • Land Acres: 0.21
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0061603 BLDG 28 UNIT A KRESSWOOD TRAILS NORTH CONDOS 7TH AMEND (LT 28 KRESSWOOD TRAILS PHASE 1)

Ownership

  • Current Owner : HERNANDEZ ARMANDO OROZCO
  • Previous Owner : KRINSKY HARLAN S
  • Previous Owner 2: KRINSKY STEVEN P
  • Owner Before Previous Owner: PARKWAY BANK & TRUST COMPANY
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870813

Geography

  • Subdivision Phase Number: 1
  • Parcel: 14-03-182-006
  • Lot: 28
  • Municipality: NUNDA TWP
  • Latitude: 42.3219
  • Longitude: -88.2912

    Address

  • Full Address: 517 Kresswood Dr
  • Legal Unit: A
  • Address - House Number: 517
  • Address - Street Name: Kresswood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R026
  • 4-Digit Zip Code: 6402
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,679
  • Tax Rate Code Area: 14013

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 238,240
  • High Value: 284,551
  • Low Value: 191,929

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,150
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $183,150
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $197,730
  • Market Land Value: $19,191
  • Market Improvement Value: $178,539

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,910
  • Assessed Land Value: $6,397
  • Assessed Improvements Value: $59,513

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11866102991
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0061603
  • Previous Sale Recording Date: Mar 01, 2002
  • Previous Sale Contract Date: Jan 24, 2002
  • Previous Sale Amount: $184,680
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 15, 2021
  • First Mortgage Loan Amount: $183,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Mar 01, 2002
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2032

About Kresswood Trails



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Frequently Asked Questions

What neighborhood is 517 Kresswood Drive located in?
The 517 Kresswood Drive is a located in the neighborhood of Kresswood Trails in Kresswood Trails, Mchenry.
What is the average sales price for listings in 517 Kresswood Drive?
The average sales price for units in 517 Kresswood Drive is $0 currently.

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