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5575 Gatehouse Way

5575 Gatehouse Way, Bourbonnais, IL 60914
Property in Bourbonnais
Sold Apr 25, 2022
$335,000
$318,250 by Sirva Mortgage Inc
Mortgage Due May 01, 2052
Sold Mar 21, 2011
$186,000
$181,284 by Mortgage Svcs Iii Llc
Mortgage Due Apr 01, 2041
5575 Gatehouse Way has been categorized by the local assessors in Bourbonnais, IL as a residential type of property. The area measurement of the land has been determined as 12,976 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 5575 Gatehouse Way was last sold in Apr 25, 2022 for $335,000. Prior to that sales transaction, the property was sold for $186,000 in Mar 18, 2011. Current property owners are expected to pay $6,578 in taxes per year. The property on 5575 Gatehouse Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $88,821. To break that down further, the land itself was valued at $11,139. While improvements to the property were assessed at a total of $77,682. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,976
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COBBLESTONE SUB
  • Land Acres: 0.297
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: COBBLESTONE SUB LT 3 06-31-12E

Ownership

  • Current Owner : ANDRADE RAIMONDO
  • Current Owner 2: ANDRADE JACQUELYN
  • Previous Owner : HARTMAN LUCAS A
  • Previous Owner 2: HARTMAN MICHELLE N
  • Owner Before Previous Owner: WOOD THOMAS J
  • Owner Before Previous Owner 2: WOOD SUE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010601

Geography

  • District: 17
  • Parcel: 17-09-06-201-003
  • Lot: 3
  • Municipality: BOURBONNAIS
  • Latitude: 41.2008
  • Longitude: -87.8813

    Address

  • Full Address: 5575 Gatehouse Way
  • Address - House Number: 5575
  • Address - Street Name: Gatehouse
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R011
  • 4-Digit Zip Code: 4954
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,578
  • Tax Rate Code Area: 17027

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 337,456
  • High Value: 409,276
  • Low Value: 265,636

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,250
  • First Open Lien Mortgage Lender: SIRVA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 25, 2022
  • First Open Lien Mortgage Loan Amount: $318,250
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $266,463
  • Market Land Value: $33,417
  • Market Improvement Value: $233,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,821
  • Assessed Land Value: $11,139
  • Assessed Improvements Value: $77,682

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Transaction ID: 11885864480
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4773
  • Previous Sale Recording Date: Mar 21, 2011
  • Previous Sale Contract Date: Mar 18, 2011
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIRVA MORTGAGE INC
  • First Mortgage Transaction Date: Apr 25, 2022
  • First Mortgage Loan Amount: $318,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SVCS III LLC
  • Previous Mortgage Transaction Date: Mar 21, 2011
  • Previous Mortgage Loan Amount: $181,284
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2041

About Bourbonnais



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5575 Gatehouse Way located in?
The 5575 Gatehouse Way is a located in the neighborhood of Bourbonnais in Bourbonnais, Bourbonnais.
What is the average sales price for listings in 5575 Gatehouse Way?
The average sales price for units in 5575 Gatehouse Way is $0 currently.

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