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748 Farragut Avenue

748 Farragut Avenue, Romeoville, IL 60446
Property in Du Page
Sold Nov 30, 2021
$252,000
$247,435 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2051
Sold Jul 23, 2021
$187,000
748 Farragut Avenue in Romeoville, IL was first built in 1963 and is 61 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 raised ranch style. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. In total, the area measurement of the land is 6,546 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, 748 Farragut Avenue sold most recently in Nov 8, 2021 for a total of $252,000. If you work out the math, that's approximately a cost of $192.37 per sqft. Before that, the property was also sold for $187,000 in Jun 15, 2021. 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 $5,262 in taxes each year. 748 Farragut Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $61,920. If we break it down further, the land itself was valued at $16,836. Improvements to the property, however, were assessed at a total of $45,084. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Raised Ranch
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,546
  • Total Building Area: 1,310
  • Building Area: 1,310
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMPTON PARK NO 5
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 23 BLOCK 9 IN HAMPTON PARK SUB UNIT 5, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC. 28, T37N-R10E.

Ownership

  • Current Owner : MARCOS LUISITO
  • Previous Owner : EVOLUTION PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: WENE ROBERT J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880202

Geography

  • Parcel: 12-02-28-404-023
  • Block: 9
  • Lot: 23
  • Meridian: SEC 28 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.659
  • Longitude: -88.0872

    Address

  • Full Address: 748 Farragut Ave
  • Legal Unit: 5
  • Address - House Number: 748
  • Address - Street Name: Farragut
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Romeoville
  • Carrier Code: C008
  • 4-Digit Zip Code: 1138
  • Zip Code: 60446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,262
  • Tax Rate Code Area: 1208

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 259,722
  • High Value: 301,742
  • Low Value: 217,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,435
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $247,435
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $185,760
  • Market Land Value: $50,508
  • Market Improvement Value: $135,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,920
  • Assessed Land Value: $16,836
  • Assessed Improvements Value: $45,084

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11870155399
  • Current Sale Price: $252,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021128594
  • Previous Sale Recording Date: Jul 23, 2021
  • Previous Sale Contract Date: Jun 15, 2021
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $247,435
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

About Romeoville



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Nearby Rentals

Unit for rent at 21 E Romeo Road, Romeoville, IL, 60446

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,592 ft²
21 E Romeo Road, Romeoville, IL, 60446 Listing by Ken Thomson

Frequently Asked Questions

What neighborhood is 748 Farragut Avenue located in?
The 748 Farragut Avenue is a located in the neighborhood of Du Page in Romeoville, Romeoville.
What is the average sales price for listings in 748 Farragut Avenue?
The average sales price for units in 748 Farragut Avenue is $0 currently.

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