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81 Cumberland Drive

81 Cumberland Drive, Lincolnshire, IL 60069
Property in Lincoln Shire
Sold Dec 03, 2012
$455,000
$386,750 by Phh Home Loans Llc
Mortgage Due Dec 01, 2042
Sold Jun 28, 1995
$340,000
$90,000 by Deerfield Fsla
Mortgage Due Jul 01, 2010
Local assessors in Lincolnshire, IL have categorized 81 Cumberland Drive as a residential type of property. The home was built in 1967 and is 57 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 29,621 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 81 Cumberland Drive has a total of 1,921 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 575 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 81 Cumberland Drive sold most recently in Nov 13, 2012 for a total of $455,000. If you work out the math, that's approximately a cost of $182.29 per sqft. Before that, the property was also sold for $340,000 in Mar 29, 1995. 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 $14,533 in taxes each year. 81 Cumberland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $180,250. If we break it down further, the land itself was valued at $77,543. Improvements to the property, however, were assessed at a total of $102,707. 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

  • Year Built: 1967
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 575
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 2,496
  • Gross Building Area: 2,496
  • Building Area: 1,921
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLNSHIRE UNIT 5
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLNSHIRE UNIT 5 LOT 24 BLOCK 9

Ownership

  • Current Owner : BENJAMIN RICHARD D
  • Current Owner 2: BENJAMIN NORA J
  • Previous Owner : MAIORANA PERRY E
  • Previous Owner 2: PERRY E MAIORANA TRUST
  • Owner Before Previous Owner: HENEIN TARIK
  • Owner Before Previous Owner 2: BAKHOUM GERMAINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lincolnshire-Prairieview School District 103
  • Census Tract: 864522

Geography

  • Assessors Map Reference: 2702-C3
  • District: VERNON
  • Parcel: 15-14-304-009
  • Block: 9
  • Lot: 24
  • Municipality: TWP OF VERNON
  • Latitude: 42.1964
  • Longitude: -87.917

    Address

  • Full Address: 81 Cumberland Dr
  • Legal Unit: 5
  • Address - House Number: 81
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lincolnshire
  • Carrier Code: C001
  • 4-Digit Zip Code: 3113
  • Zip Code: 60069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,533
  • Tax Rate Code Area: 16023

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 648,118
  • High Value: 757,814
  • Low Value: 538,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $386,750
  • First Open Lien Mortgage Lender: PHH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 03, 2012
  • First Open Lien Mortgage Loan Amount: $386,750
  • 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: Dec 01, 2042

    Market Valuation

  • Market Total Value: $540,804
  • Market Land Value: $232,652
  • Market Improvement Value: $308,152

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,250
  • Assessed Land Value: $77,543
  • Assessed Improvements Value: $102,707

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2012
  • Current Sale Recording Date: Dec 03, 2012
  • Current Sale Transaction ID: 11459520955
  • Current Sale Price: $455,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6928630
  • Previous Sale Recording Date: Jun 28, 1995
  • Previous Sale Contract Date: Mar 29, 1995
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHH HOME LOANS LLC
  • First Mortgage Transaction Date: Dec 03, 2012
  • First Mortgage Loan Amount: $386,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: DEERFIELD FSLA
  • Previous Mortgage Transaction Date: Jun 28, 1995
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Jul 01, 2010

About Lincoln Shire



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Frequently Asked Questions

What neighborhood is 81 Cumberland Drive located in?
The 81 Cumberland Drive is a located in the neighborhood of Lincoln Shire in Lincoln Shire, Lincolnshire.
What is the average sales price for listings in 81 Cumberland Drive?
The average sales price for units in 81 Cumberland Drive is $0 currently.

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