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5308 Cedar Drive

5308 Cedar Drive, Naperville, IL 60564
Property in Ashwood Creek
Sold Oct 25, 2012
$564,900
$395,430 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2042
Sold Aug 30, 2012
$95,000
Local assessors in Naperville, IL have categorized 5308 Cedar Drive as a residential type of property. The property's lot size has been calculated to be 12,255 square feet. If we look only at the heated or air conditioned part of the building, then 5308 Cedar Drive has a total of 3,989 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 garage for those who need a place to park their vehicle. The garage on the property is 734 sqft. Residents rely on central air conditioning for their cooling system. The property was last sold in Sep 11, 2012 for $564,900. That's $97.18 per sqft. Prior to that sales transaction, the property was also sold in Aug 16, 2012 for $95,000. 5308 Cedar Drive was last assessed in 2022. The total value of the property was assessed at $232,159. Specifically, the land the property is located on was valued at $44,042. While improvements on the property were assessed at a total of $188,117. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $16,386. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Type: Unspecified basement
  • Basement Area: 1,824
  • Garage Type: Garage
  • Garage Square Area: 734
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,255
  • Total Building Area: 5,813
  • Building Area: 3,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASHWOOD CREEK UNIT 2
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 98 IN ASHWOOD CREEK SUB UNIT 2, BEING A SUB OF PRT OF THE NE1/4 OF SEC. 20, T37N-R9E.

Ownership

  • Current Owner : KANG SANG BAUM
  • Current Owner 2: KIM SOO JIN
  • Previous Owner : STERLING HOMES LTD
  • Owner Before Previous Owner: CENTENNIAL DEVELOPMENT CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian Prairie Community Unit School District 204
  • Census Tract: 880319

Geography

  • Parcel: 07-01-20-206-022
  • Lot: 98
  • Meridian: SEC 20 TWN 37N RNG 09E
  • Municipality: WHEATLAND
  • Latitude: 41.6766
  • Longitude: -88.2288

    Address

  • Full Address: 5308 Cedar Dr
  • Legal Unit: 2
  • Address - House Number: 5308
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Naperville
  • Carrier Code: R017
  • 4-Digit Zip Code: 1138
  • Zip Code: 60564

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,386
  • Tax Rate Code Area: 0711

    Appraisal Valuation

  • Standard Deviation: 0.1403
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 889,044
  • High Value: 1,013,864
  • Low Value: 764,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,430
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 25, 2012
  • First Open Lien Mortgage Loan Amount: $395,430
  • 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: Oct 01, 2042

    Market Valuation

  • Market Total Value: $696,477
  • Market Land Value: $132,126
  • Market Improvement Value: $564,351

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $232,159
  • Assessed Land Value: $44,042
  • Assessed Improvements Value: $188,117

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 2012
  • Current Sale Recording Date: Oct 25, 2012
  • Current Sale Transaction ID: 1179012212
  • Current Sale Price: $564,900
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: R2012119300
  • Previous Sale Recording Date: Aug 30, 2012
  • Previous Sale Contract Date: Aug 16, 2012
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 25, 2012
  • First Mortgage Loan Amount: $395,430
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

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Frequently Asked Questions

What neighborhood is 5308 Cedar Drive located in?
The 5308 Cedar Drive is a located in the neighborhood of Ashwood Creek in Ashwood Creek, Naperville.
What is the average sales price for listings in 5308 Cedar Drive?
The average sales price for units in 5308 Cedar Drive is $0 currently.

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