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7218 Richard Road

7218 Richard Road, Darien, IL 60561
Property in Downers Grove
Sold May 22, 2012
$300,000
$240,000 by Interbank Mortgage Co
Mortgage Due Jun 01, 2042
Sold Feb 06, 2012
$202,500
7218 Richard Road has been categorized by the local assessors in Darien, IL as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7218 Richard Road has 1,582 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,260 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 10,454 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch 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 420 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 frame control joints. The roof of the building is made of composition shingle. 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. The property was last sold in May 9, 2012 for $300,000. That's $105.56 per sqft. Prior to that sales transaction, the property was also sold in Jan 27, 2012 for $202,500. 7218 Richard Road was last assessed in 2022. The total value of the property was assessed at $118,380. Specifically, the land the property is located on was valued at $37,790. While improvements on the property were assessed at a total of $80,590. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,764. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Construction Type: Frame
  • Building Style: Raised Ranch
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,260
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,842
  • Gross Building Area: 2,842
  • Building Area: 1,582
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,582
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOWNERS FAIRVIEW
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOWNERS FAIRVIEW

Ownership

  • Current Owner : CARANTO NIXON A
  • Current Owner 2: BARZA CARANTO RHEA
  • Previous Owner : RIGHT RESIDENTIAL SERIES 2 LLC
  • Owner Before Previous Owner: SALERNO DOLORES A
  • Owner Before Previous Owner 2: WELLS FARGO BANK NA
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DARIEN-WOODRIDG
  • Census Tract: 845505

Zoning

  • Zoning: R

Geography

  • Parcel: 09-28-104-008
  • Lot: 57
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7557
  • Longitude: -87.9929

    Address

  • Full Address: 7218 Richard Rd
  • Address - House Number: 7218
  • Address - Street Name: Richard
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Darien
  • Carrier Code: C023
  • 4-Digit Zip Code: 3565
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,764
  • Tax Rate Code Area: 9165

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 460,689
  • High Value: 538,141
  • Low Value: 383,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: INTERBANK MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 22, 2012
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Jun 01, 2042

    Market Valuation

  • Market Total Value: $355,140
  • Market Land Value: $113,370
  • Market Improvement Value: $241,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,380
  • Assessed Land Value: $37,790
  • Assessed Improvements Value: $80,590

    Sales

  • Current Sale Contract Date: May 09, 2012
  • Current Sale Recording Date: May 22, 2012
  • Current Sale Transaction ID: 1097167365
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2012-065482
  • Previous Sale Recording Date: Feb 06, 2012
  • Previous Sale Contract Date: Jan 27, 2012
  • Previous Sale Amount: $202,500
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERBANK MORTGAGE CO
  • First Mortgage Transaction Date: May 22, 2012
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2042

About Darien



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Frequently Asked Questions

What neighborhood is 7218 Richard Road located in?
The 7218 Richard Road is a located in the neighborhood of Downers Grove in Darien, Darien.
What is the average sales price for listings in 7218 Richard Road?
The average sales price for units in 7218 Richard Road is $0 currently.

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