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7305 Kempton Street

7305 Kempton Street, Joliet, IL 60431
Property in Seward
Sold Dec 05, 2016
$304,000
$298,399 by Draper & Kramer Mortgage Corp
Mortgage Due Oct 01, 2046
Sold Mar 09, 2010
$1,350,000
This has been categorized as a residential property type. The linear feet across the front of the lot is 740 ft and the linear feet between the front and back of the lot is 1,230. In total, the area measurement of the land is 9,102 square feet.

Learn more about the property and building on this page. 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, 7305 Kempton Street sold most recently in Sep 22, 2016 for a total of $304,000. Before that, the property was also sold for $1,350,000 in Jan 29, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,616 in taxes each year. 7305 Kempton Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $103,924. If we break it down further, the land itself was valued at $14,042. Improvements to the property, however, were assessed at a total of $89,882. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,102
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 740
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEUSTONESHIRE PHASE 1
  • Land Acres: 0.209
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 21 NEUSTONESHIRE PHASE 1 CITY OF JOLIET

Ownership

  • Current Owner : MCGINNIS THURMAN V
  • Current Owner 2: TORRES YOLANDA
  • Previous Owner : CORE HOMES LLC
  • Previous Owner 2: CAPISTA AMY
  • Owner Before Previous Owner: GUARANTY PLUS PROPERTIES INC I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 890703

Geography

  • Assessors Map Reference: 3495-B1
  • Parcel: 09-01-226-001
  • Lot: 21
  • Municipality: SEWARD TOWNSHIP
  • Latitude: 41.5496
  • Longitude: -88.26

    Address

  • Full Address: 7305 Kempton St
  • Address - House Number: 7305
  • Address - Street Name: Kempton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: R032
  • 4-Digit Zip Code: 8082
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,616
  • Tax Rate Code Area: SE008

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 416,922
  • High Value: 475,112
  • Low Value: 358,731

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,399
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 05, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $298,399
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $311,772
  • Market Land Value: $42,126
  • Market Improvement Value: $269,646

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,924
  • Assessed Land Value: $14,042
  • Assessed Improvements Value: $89,882

    Sales

  • Current Sale Contract Date: Sep 22, 2016
  • Current Sale Recording Date: Dec 05, 2016
  • Current Sale Transaction ID: 1941701734
  • Current Sale Price: $304,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201600019294
  • Previous Sale Recording Date: Mar 09, 2010
  • Previous Sale Contract Date: Jan 29, 2010
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 05, 2016
  • First Mortgage Loan Amount: $298,399
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Joliet



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Frequently Asked Questions

What neighborhood is 7305 Kempton Street located in?
The 7305 Kempton Street is a located in the neighborhood of Seward in Joliet, Joliet.
What is the average sales price for listings in 7305 Kempton Street?
The average sales price for units in 7305 Kempton Street is $0 currently.

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