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522 Kresswood Drive

522 Kresswood Drive, Mchenry, IL 60050
Townhouse in Kresswood Trails
Sold Dec 02, 2020
$177,500
$172,975 by Land-home Financial Services
Mortgage Due Nov 01, 2050
Sold Aug 06, 2013
$102,601
Seller
522 Kresswood Drive in Mchenry, IL was first built in 2001 and is 23 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 unknown 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 4 partial bathrooms. 522 Kresswood Drive has 1,850 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. In total, the area measurement of the land is 7,321 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. The garage is 240 sqft. There is one available parking space. 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 brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 522 Kresswood Drive was last sold in Sep 18, 2020 for $177,500. According to our calculations, that's $68.01 per sqft. Prior to that sales transaction, the property was sold for $102,601 in Jan 16, 2013. Current property owners are expected to pay $6,130 in taxes per year. The property on 522 Kresswood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $70,660. To break that down further, the land itself was valued at $6,551. While improvements to the property were assessed at a total of $64,109. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 758
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,321
  • Total Building Area: 2,610
  • Building Area: 1,723
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,850
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KRESSWOOD TRAILS NORTH CONDOS 10TH
  • Land Acres: 0.168
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2020R0052194 BLDG 16 UNIT A KRESSWOOD TRAILS NORTH CONDOS 10TH AMEND (LT 16 KRESSWOOD TRAILS PHASE 1)

Ownership

  • Current Owner : CORREA TIMOTHY
  • Previous Owner : AMERICAN HOMES 4 RENT PROPERTIES TEN LLC
  • Owner Before Previous Owner: GRISETO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Subdivision Phase Number: 1
  • Parcel: 14-03-181-033
  • Lot: 16
  • Municipality: NUNDA TWP
  • Latitude: 42.3213
  • Longitude: -88.2906

    Address

  • Full Address: 522 Kresswood Dr
  • Legal Unit: A
  • Address - House Number: 522
  • Address - Street Name: Kresswood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R026
  • 4-Digit Zip Code: 6475
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,130
  • Tax Rate Code Area: 14013

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 80
  • Final Value: 276,582
  • High Value: 320,273
  • Low Value: 232,890

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $205,997
  • First Open Lien Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Dec 02, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $172,975
  • 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, 2050
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 10, 2021
  • Second Open Lien Mortgage Loan Amount: $8,634
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Third Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Third Open Lien Mortgage Recording Date: Jan 03, 2023
  • Third Open Lien Mortgage Loan Amount: $13,012
  • Third Open Lien Mortgage Term: 333
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Fourth Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Fourth Open Lien Mortgage Recording Date: Jan 29, 2024
  • Fourth Open Lien Mortgage Loan Amount: $11,376
  • Fourth Open Lien Mortgage Term: 321
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: FHA
  • Fourth Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $211,980
  • Market Land Value: $19,653
  • Market Improvement Value: $192,327

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,660
  • Assessed Land Value: $6,551
  • Assessed Improvements Value: $64,109

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11804728608
  • Current Sale Price: $177,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020R0052194
  • Previous Sale Recording Date: Aug 06, 2013
  • Previous Sale Contract Date: Jan 16, 2013
  • Previous Sale Amount: $102,601
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $172,975
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Kresswood Trails



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Frequently Asked Questions

What neighborhood is 522 Kresswood Drive located in?
The 522 Kresswood Drive is a townhouse located in the neighborhood of Kresswood Trails in Kresswood Trails, Mchenry.
What is the average sales price for listings in 522 Kresswood Drive?
The average sales price for units in 522 Kresswood Drive is $0 currently.

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