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7608 Scott Lane

7608 Scott Lane, Machesney Park, IL 61115
Property in Harlem
Sold Jul 21, 2021
$93,000
$84,350 by Blackhawk Bank
Mortgage Due Aug 01, 2051
Sold Jun 14, 2017
$70,000
$56,000 by Arizona Bk&tr
Mortgage Due Jul 01, 2047
Local assessors in Machesney Park, IL have categorized 7608 Scott Lane as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 8,729 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 620 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7608 Scott Lane has a total of 804 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The building has a roof that is made of asphalt. Lots of concrete were used in the construction of the exterior walls of the home. The home's a gas heating system is the primary heating source and it is being fueled with gas. 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, 7608 Scott Lane was last sold in Jul 15, 2021 for $93,000. According to our calculations, that's $115.67 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Jun 9, 2017. Current property owners are expected to pay $2,071 in taxes per year. The property on 7608 Scott Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,024. To break that down further, the land itself was valued at $4,018. While improvements to the property were assessed at a total of $24,006. 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. 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. 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.

Building Features

Exterior

Wood Exterior
Wood Siding

Parking

Garage Parking
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: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,729
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 620
  • Total Building Area: 804
  • Gross Building Area: 804
  • Building Area: 804
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 804
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH PARK EAST SECOND SUB
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH PARK EAST SECOND SUB PT E1/2 NE1/4 SEC 31-45-2 N1/2 LOT 017 BLOCK 005

Ownership

  • Current Owner : THOMPSON KIMBERLY
  • Previous Owner : CHRISTENSEN JR LARRY D
  • Previous Owner 2: CHRISTENSEN BETH A
  • Owner Before Previous Owner: JIM BUCK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 000104

Geography

  • Parcel: 08-31-276-021
  • Block: 005
  • Lot: 017
  • Meridian: SEC 31 TWN 45 RANGE 2
  • Municipality: HARLEM
  • Latitude: 42.3354
  • Longitude: -89.0417

    Address

  • Full Address: 7608 Scott Ln
  • Address - House Number: 7608
  • Address - Street Name: Scott
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Machesney Park
  • Carrier Code: C018
  • 4-Digit Zip Code: 3060
  • Zip Code: 61115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,071
  • Tax Rate Code Area: 144

    Appraisal Valuation

  • Standard Deviation: 0.2644
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 114,813
  • High Value: 145,175
  • Low Value: 84,452

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $90,350
  • First Open Lien Mortgage Lender: BLACKHAWK BANK
  • First Open Lien Mortgage Recording Date: Jul 21, 2021
  • First Open Lien Mortgage Loan Amount: $84,350
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Jul 21, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $84,072
  • Market Land Value: $12,054
  • Market Improvement Value: $72,018

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,024
  • Assessed Land Value: $4,018
  • Assessed Improvements Value: $24,006

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Transaction ID: 11845575851
  • Current Sale Price: $93,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25619
  • Previous Sale Recording Date: Jun 14, 2017
  • Previous Sale Contract Date: Jun 09, 2017
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLACKHAWK BANK
  • First Mortgage Transaction Date: Jul 21, 2021
  • First Mortgage Loan Amount: $84,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051
  • Second Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Mortgage Transaction Date: Jul 21, 2021
  • Second Mortgage Loan Amount: $6,000

    Previous Mortgages

  • Previous Mortgage Lender: ARIZONA BK&TR
  • Previous Mortgage Transaction Date: Jun 14, 2017
  • Previous Mortgage Loan Amount: $56,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Machesney Park



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Frequently Asked Questions

What neighborhood is 7608 Scott Lane located in?
The 7608 Scott Lane is a located in the neighborhood of Harlem in Machesney Park, Machesney Park.
What is the average sales price for listings in 7608 Scott Lane?
The average sales price for units in 7608 Scott Lane is $0 currently.

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