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565 Cumberland Lane

565 Cumberland Lane, Bolingbrook, IL 60440
House in Du Page
Sold Oct 15, 2021
$299,000
$293,584 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2051
Sold Nov 21, 2019
$166,500
$144,000 by Finance Of America Commercial
Mortgage Due Dec 01, 2020
565 Cumberland Lane in Bolingbrook, IL was first built in 1971 and is 53 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 tri-level style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. In total, the area measurement of the land is 7,711 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 365 sqft. There are a total of 2 available parking spaces. 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 brick control joints. The exterior walls of the home are made of alum/vinyl siding. 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, 565 Cumberland Lane sold most recently in Oct 14, 2021 for a total of $299,000. If you work out the math, that's approximately a cost of $327.85 per sqft. Before that, the property was also sold for $166,500 in Oct 23, 2019. 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 $6,781 in taxes each year. 565 Cumberland Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $74,607. If we break it down further, the land itself was valued at $15,223. Improvements to the property, however, were assessed at a total of $59,384. 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. 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.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.

Building Features

Exterior

Cedar Siding
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Construction Type: Brick
  • Building Style: Tri-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 365
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,711
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: 1st Floor

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INDIAN OAKS UNIT 4
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 BLOCK 22 IN INDIAN OAKS UNIT 4, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC 16, T37N-R10E.

Ownership

  • Current Owner : RODRIGUEZ ANTHONY
  • Current Owner 2: DIAZ ROSA LINDA
  • Previous Owner : BELLA REALTY LLC
  • Owner Before Previous Owner: PRICE EDWARD F
  • Owner Before Previous Owner 2: PRICE CHERYL W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880106

Geography

  • Parcel: 12-02-16-206-002
  • Block: 22
  • Lot: 2
  • Meridian: SEC 16 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.6944
  • Longitude: -88.0918

    Address

  • Full Address: 565 Cumberland Ln
  • Legal Unit: 4
  • Address - House Number: 565
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C010
  • 4-Digit Zip Code: 2779
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,781
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 294,608
  • High Value: 341,041
  • Low Value: 248,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $293,584
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $293,584
  • 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: $223,821
  • Market Land Value: $45,669
  • Market Improvement Value: $178,152

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,607
  • Assessed Land Value: $15,223
  • Assessed Improvements Value: $59,384

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11859906031
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021113422
  • Previous Sale Recording Date: Nov 21, 2019
  • Previous Sale Contract Date: Oct 23, 2019
  • Previous Sale Amount: $166,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $293,584
  • 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: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Nov 21, 2019
  • Previous Mortgage Loan Amount: $144,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 01, 2020

About Bolingbrook



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Unit for rent at 1093 Bothwell Lane, Bolingbrook, IL, 60440

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,318 ft²
1093 Bothwell Lane, Bolingbrook, IL, 60440 Listing by Andrew Preze

Frequently Asked Questions

What neighborhood is 565 Cumberland Lane located in?
The 565 Cumberland Lane is a house located in the neighborhood of Du Page in Bolingbrook, Bolingbrook.
What is the average sales price for listings in 565 Cumberland Lane?
The average sales price for units in 565 Cumberland Lane is $0 currently.

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