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520 Prairie Avenue

520 Prairie Avenue, Naperville, IL 60540
Property in East Highlands
Sold Jul 20, 2022
$725,000
$500,500 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2052
Sold Mar 17, 2016
$420,000
$336,000 by 1st Advantage Mortgage Llc
Mortgage Due Mar 01, 2046
Local assessors in Naperville, IL have categorized 520 Prairie Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 10,890 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 3 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 520 Prairie Avenue has a total of 2,586 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,598 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 506 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There are 2 fireplaces in the home which may result in additional cleaning fees for the homeowner. 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, 520 Prairie Avenue was last sold in Jul 1, 2022 for $725,000. According to our calculations, that's $218.24 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Feb 23, 2016. Current property owners are expected to pay $10,772 in taxes per year. The property on 520 Prairie Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $172,440. To break that down further, the land itself was valued at $85,610. While improvements to the property were assessed at a total of $86,830. 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. 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.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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,598
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,322
  • Gross Building Area: 3,322
  • Building Area: 2,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,586
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOSER HIGHLANDS
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MOSER HIGHLANDS

Ownership

  • Current Owner : BRIAN R WELKER TRUST
  • Current Owner 2: SUSAN M WELKER TRUST
  • Previous Owner : 520 PRAIRIE AVENUE LAND TRUST
  • Owner Before Previous Owner: ALLEN MELISSA L
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Naperville Community Unit District 203
  • School Tax School District: DISTRICT 203
  • Census Tract: 846209

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3141-E6
  • Parcel: 08-19-108-002
  • Block: 2
  • Lot: 2
  • Municipality: LISLE
  • Latitude: 41.7673
  • Longitude: -88.1391

    Address

  • Full Address: 520 Prairie Ave
  • Address - House Number: 520
  • Address - Street Name: Prairie
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Naperville
  • Carrier Code: C010
  • 4-Digit Zip Code: 6716
  • Zip Code: 60540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,772
  • Tax Rate Code Area: 8043

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 683,948
  • High Value: 798,872
  • Low Value: 569,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 20, 2022
  • First Open Lien Mortgage Loan Amount: $500,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $517,320
  • Market Land Value: $256,830
  • Market Improvement Value: $260,490

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $172,440
  • Assessed Land Value: $85,610
  • Assessed Improvements Value: $86,830

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Transaction ID: 11892850693
  • Current Sale Price: $725,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 68801
  • Previous Sale Recording Date: Mar 17, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 20, 2022
  • First Mortgage Loan Amount: $500,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: 1ST ADVANTAGE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 17, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $336,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About East Highlands



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Frequently Asked Questions

What neighborhood is 520 Prairie Avenue located in?
The 520 Prairie Avenue is a located in the neighborhood of East Highlands in East Highlands, Naperville.
What is the average sales price for listings in 520 Prairie Avenue?
The average sales price for units in 520 Prairie Avenue is $0 currently.

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