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7506 Seminole Drive

7506 Seminole Drive, Wonder Lake, IL 60097
Property in Indian Ridge
Sold Oct 18, 2004
$172,000
$111,800 by Coldwell Banker Mortgage
Mortgage Due Nov 01, 2034
Sold Aug 11, 2004
$95,656
$100,000 by State Bank East Wonder Lake
Mortgage Due Feb 10, 2005
7506 Seminole Drive has been categorized by the local assessors in Wonder Lake, IL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. There are 2 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, 7506 Seminole Drive has 1,336 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 936 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 1,290 ft and across the front of the lot is 860 ft. The area measurement of the land has been determined as 11,326 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. According to our sources, there are a total of 4 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 exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 7506 Seminole Drive was last sold in Oct 14, 2004 for $172,000. According to our calculations, that's $75.70 per sqft. Prior to that sales transaction, the property was sold for $95,656 in Aug 10, 2004. Current property owners are expected to pay $3,346 in taxes per year. The property on 7506 Seminole Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $50,062. To break that down further, the land itself was valued at $9,970. While improvements to the property were assessed at a total of $40,092. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 936
  • Garage Type: Garage
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,272
  • Building Area: 1,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,336
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: INDIAN RIDGE
  • Land Acres: 0.263
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2004R0092665 LTS 19 & 20 BLK 19 INDIAN RIDGE UNIT 2 MEMO: COMBINATION PER OWNER REQUEST

Ownership

  • Current Owner : THOMSON SUE
  • Previous Owner : MATHEWS NORMAN
  • Owner Before Previous Owner: GRAMES DONALD C
  • Owner Before Previous Owner 2: GRAMES CYNTHIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harrison School District 36
  • Census Tract: 870502

Geography

  • Parcel: 09-07-258-026
  • Block: 19
  • Lot: 19,20
  • Municipality: MCHENRY TWP
  • Latitude: 42.3936
  • Longitude: -88.3442

    Address

  • Full Address: 7506 Seminole Dr
  • Legal Unit: 2
  • Address - House Number: 7506
  • Address - Street Name: Seminole
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wonder Lake
  • Carrier Code: R005
  • 4-Digit Zip Code: 8312
  • Zip Code: 60097

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,346
  • Tax Rate Code Area: 09094

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 232,371
  • High Value: 267,463
  • Low Value: 197,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,800
  • First Open Lien Mortgage Lender: COLDWELL BANKER MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 18, 2004
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $111,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2034

    Market Valuation

  • Market Total Value: $150,186
  • Market Land Value: $29,910
  • Market Improvement Value: $120,276

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,062
  • Assessed Land Value: $9,970
  • Assessed Improvements Value: $40,092

    Sales

  • Current Sale Contract Date: Oct 14, 2004
  • Current Sale Recording Date: Oct 18, 2004
  • Current Sale Transaction ID: 1088331564
  • Current Sale Price: $172,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004R0092665
  • Previous Sale Recording Date: Aug 11, 2004
  • Previous Sale Contract Date: Aug 10, 2004
  • Previous Sale Amount: $95,656
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLDWELL BANKER MORTGAGE
  • First Mortgage Transaction Date: Oct 18, 2004
  • First Mortgage Loan Amount: $111,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STATE BANK EAST WONDER LAKE
  • Previous Mortgage Transaction Date: Aug 11, 2004
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 10, 2005

About Indian Ridge



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Frequently Asked Questions

What neighborhood is 7506 Seminole Drive located in?
The 7506 Seminole Drive is a located in the neighborhood of Indian Ridge in Indian Ridge, Wonder Lake.
What is the average sales price for listings in 7506 Seminole Drive?
The average sales price for units in 7506 Seminole Drive is $0 currently.

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