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Sold Jul 08, 2021
$493,000
Seller
$443,700
by Guaranteed Rate Inc
Mortgage Due Jul 01, 2051
Sold Jun 28, 2016
$430,000
Seller
$408,500
by Compass Mortgage Inc
Mortgage Due Jul 01, 2046
702 Hickory Lane has been categorized by the local assessors in West Chicago, IL as a residential type of property.
The building on the property was first built in 2007 and is 17 years old.
The building has a total of 2 stories.
In addition, 702 Hickory Lane has 3,327 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 1,450 ft and across the front of the lot is 830 ft.
The area measurement of the land has been determined as 12,197 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame 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 garage for those who require parking. The garage measured 650 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. 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, 702 Hickory Lane was last sold in Jun 22, 2021 for $493,000. According to our calculations, that's $96.95 per sqft. Prior to that sales transaction, the property was sold for $430,000 in Jun 20, 2016. Current property owners are expected to pay $15,265 in taxes per year. The property on 702 Hickory Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $172,280. To break that down further, the land itself was valued at $31,820. While improvements to the property were assessed at a total of $140,460. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.
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 garage for those who require parking. The garage measured 650 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. 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, 702 Hickory Lane was last sold in Jun 22, 2021 for $493,000. According to our calculations, that's $96.95 per sqft. Prior to that sales transaction, the property was sold for $430,000 in Jun 20, 2016. Current property owners are expected to pay $15,265 in taxes per year. The property on 702 Hickory Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $172,280. To break that down further, the land itself was valued at $31,820. While improvements to the property were assessed at a total of $140,460. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.
Building Features
Exterior
Brick Exterior
Cedar Siding
Parking
Garage Parking
This property description is generated based on publicly available data.