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7003 Plum Tree Lane

7003 Plum Tree Lane, Hanover Park, IL 60133
Property in Hanover
Sold Dec 16, 2019
$165,000
$156,750 by Midwest Community Bank
Mortgage Due Dec 01, 2049
7003 Plum Tree Lane in Hanover Park, IL was first built in 1972 and is 52 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. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7003 Plum Tree Lane has 759 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 9,304 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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 heating 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, 7003 Plum Tree Lane sold most recently in Nov 15, 2019 for a total of $165,000. If you work out the math, that's approximately a cost of $217.39 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 $7,413 in taxes each year. 7003 Plum Tree Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,000. If we break it down further, the land itself was valued at $4,652. Improvements to the property, however, were assessed at a total of $19,348. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,304
  • Total Building Area: 759
  • Gross Building Area: 759
  • Building Area: 759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 759
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLENS FIRST ADD TO HANOVER
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J R (WILLENS) (FIRST) ADD TO (HANOVER) PARK RESUB OF OUTLT E IN HANOVER PARK TERRACE SUB PT OF SECS 35 & 36 SEC 36-41-09

Ownership

  • Current Owner : PALMA ERNESTO LARA
  • Current Owner 2: LARA NANCY
  • Previous Owner : VALDEZ ROQUE
  • Previous Owner 2: VALDEZ BERNARDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804509

Geography

  • District: 18
  • Parcel: 06-36-115-010-0000
  • Lot: 8
  • Meridian: SEC 36 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 41.9992
  • Longitude: -88.1601

    Address

  • Full Address: 7003 Plumtree Ln
  • Address - House Number: 7003
  • Address - Street Name: Plumtree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: C019
  • 4-Digit Zip Code: 3432
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,413
  • Tax Rate Code Area: 18027

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 252,880
  • High Value: 314,188
  • Low Value: 191,571

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $231,750
  • First Open Lien Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Dec 16, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $156,750
  • 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: Dec 01, 2049
  • Second Open Lien Mortgage Lender: CANE COUNTY TEACHERS CREDIT UN
  • Second Open Lien Mortgage Recording Date: Aug 31, 2023
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 06, 2038

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $46,520
  • Market Improvement Value: $193,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,652
  • Assessed Improvements Value: $19,348

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Dec 16, 2019
  • Current Sale Transaction ID: 11710489832
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1935010008

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Mortgage Transaction Date: Dec 16, 2019
  • First Mortgage Loan Amount: $156,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Hanover Park



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Frequently Asked Questions

What neighborhood is 7003 Plum Tree Lane located in?
The 7003 Plum Tree Lane is a located in the neighborhood of Hanover in Hanover Park, Hanover Park.
What is the average sales price for listings in 7003 Plum Tree Lane?
The average sales price for units in 7003 Plum Tree Lane is $0 currently.

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