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602 Oakwood Street

602 Oakwood Street, Minooka, IL 60447
House in Aux Sable
Sold May 06, 2020
$263,000
$197,250 by Guaranteed Rate Inc
Mortgage
602 Oakwood Street has been categorized by the local assessors in Minooka, IL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 602 Oakwood Street has 2,487 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 10,890 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 602 Oakwood Street sold most recently in Apr 24, 2020 for a total of $263,000. If you work out the math, that's approximately a cost of $105.75 per sqft. 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 $8,522 in taxes each year. 602 Oakwood Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $106,247. If we break it down further, the land itself was valued at $11,028. Improvements to the property, however, were assessed at a total of $95,219. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Traditional
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,487
  • Gross Building Area: 2,487
  • Building Area: 2,487
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,487
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARBOR LAKES PHASE 1A SUBDIVISION
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: ARBOR LAKES PHASE 1A SUB LT 49 SEC 11-34-8

Ownership

  • Current Owner : KREML JORDAN R
  • Current Owner 2: KREML DANIELLE N
  • Previous Owner : PALMER HEATHER D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 000102

Geography

  • District: 01
  • Subdivision Phase Number: 1A
  • Parcel: 03-11-478-005
  • Lot: 49
  • Meridian: SEC 11 TWN 34N RNG 08W
  • Municipality: AUX SABLE TOWNSHIP
  • Latitude: 41.4342
  • Longitude: -88.2731

    Address

  • Full Address: 602 Oakwood St
  • Address - House Number: 602
  • Address - Street Name: Oakwood
  • Address - Suffix Type: St
  • State: IL
  • City Name: Minooka
  • Carrier Code: R007
  • 4-Digit Zip Code: 1229
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,522
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 74
  • Final Value: 371,511
  • High Value: 443,983
  • Low Value: 299,038

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 06, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $197,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $318,741
  • Market Land Value: $33,084
  • Market Improvement Value: $285,657

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,247
  • Assessed Land Value: $11,028
  • Assessed Improvements Value: $95,219

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2020
  • Current Sale Recording Date: May 06, 2020
  • Current Sale Transaction ID: 11761196352
  • Current Sale Price: $263,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 592216

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 06, 2020
  • First Mortgage Loan Amount: $197,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Minooka



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Frequently Asked Questions

What neighborhood is 602 Oakwood Street located in?
The 602 Oakwood Street is a house located in the neighborhood of Aux Sable in Minooka, Minooka.
What is the average sales price for listings in 602 Oakwood Street?
The average sales price for units in 602 Oakwood Street is $0 currently.

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