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7512 Locust Lane

7512 Locust Lane, Plainfield, IL 60586
Property in Na-Au-Say
Sold Oct 06, 2021
$355,000
$337,250 by Fairway Independent Mortgage C
Mortgage Due Oct 01, 2051
Sold Dec 22, 2005
$260,000
$234,000 by Universal American Mortgage Co
Mortgage Due Nov 01, 2035
This has been categorized as a residential property type. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 8,132 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, 7512 Locust Lane sold most recently in Sep 21, 2021 for a total of $355,000. Before that, the property was also sold for $260,000 in Oct 1, 2005. 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 $8,108 in taxes each year. 7512 Locust Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $107,816. If we break it down further, the land itself was valued at $13,434. Improvements to the property, however, were assessed at a total of $94,382. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Brick Exterior / Wood Exterior
Stone Exterior
Vinyl Siding
Wood Siding

Parking

Garage Parking
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: 8,132
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 650
  • 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: AUTUMN FIELDS SUB
  • Land Acres: 0.187
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LT 180 AUTUMN FIELDS SUB UNIT 1 CITY OF JOLIET

Ownership

  • Current Owner : AZINDOW YAHAYA
  • Previous Owner : WILLIAMS MICHALE
  • Previous Owner 2: WILLIAMS IDANIA
  • Owner Before Previous Owner: CONCORD HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 890702

Geography

  • Assessors Map Reference: 3415-A6
  • Parcel: 06-25-375-005
  • Lot: 180
  • Municipality: NA-AU-SAY TOWNSHIP
  • Latitude: 41.5664
  • Longitude: -88.2677

    Address

  • Full Address: 7512 Locust Ln
  • Address - House Number: 7512
  • Address - Street Name: Locust
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 2550
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,108
  • Tax Rate Code Area: NS004

    Appraisal Valuation

  • Standard Deviation: 0.1367
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 415,393
  • High Value: 472,194
  • Low Value: 358,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 06, 2021
  • First Open Lien Mortgage Loan Amount: $337,250
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $323,448
  • Market Land Value: $40,302
  • Market Improvement Value: $283,146

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,816
  • Assessed Land Value: $13,434
  • Assessed Improvements Value: $94,382

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Transaction ID: 11858958575
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100026162
  • Previous Sale Recording Date: Dec 22, 2005
  • Previous Sale Contract Date: Oct 01, 2005
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 06, 2021
  • First Mortgage Loan Amount: $337,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 22, 2005
  • Previous Mortgage Loan Amount: $234,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Joliet



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Nearby Rentals

Unit for rent at 3103 Clearwater Drive, Plainfield, IL, 60586

$2,300 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,708 ft²
3103 Clearwater Drive, Plainfield, IL, 60586 Listing by Frankie Scibior

Frequently Asked Questions

What neighborhood is 7512 Locust Lane located in?
The 7512 Locust Lane is a located in the neighborhood of Na-Au-Say in Joliet, Plainfield.
What is the average sales price for listings in 7512 Locust Lane?
The average sales price for units in 7512 Locust Lane is $0 currently.

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