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818 Richards Drive

818 Richards Drive, Shorewood, IL 60404
Property in Troy
Sold Jun 15, 2012
$187,900
$148,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2042
Sold Jul 01, 2011
Transfer
818 Richards Drive has been categorized by the local assessors in Shorewood, IL as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 818 Richards Drive has 2,568 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 970 ft and across the front of the lot is 1,370 ft. The area measurement of the land has been determined as 13,289 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 mixed used garage for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. 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 roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 818 Richards Drive was last sold in May 4, 2012 for $187,900. According to our calculations, that's $73.17 per sqft. Current property owners are expected to pay $8,443 in taxes per year. The property on 818 Richards Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $102,695. To break that down further, the land itself was valued at $15,737. While improvements to the property were assessed at a total of $86,958. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 500
  • Garage Type: Mixed use
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 13,289
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 1,370
  • Total Building Area: 2,568
  • Building Area: 2,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EDGEWATER
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 294 IN EDGEWATER UNIT THREE, BEING A SUB OF PRT OF THE S1/2 OF THE SW1/4 OF SEC. 4, T35N-R9E.

Ownership

  • Current Owner : CARLSON JOSEPH
  • Current Owner 2: CARLSON ANN
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: EID RASHA Y
  • Owner Before Previous Owner 2: CITIMORTGAGE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883219

Geography

  • Parcel: 05-06-04-310-022
  • Lot: 294
  • Meridian: SEC 04 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5385
  • Longitude: -88.2099

    Address

  • Full Address: 818 Richards Dr
  • Legal Unit: 3
  • Address - House Number: 818
  • Address - Street Name: Richards
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Shorewood
  • Carrier Code: R025
  • 4-Digit Zip Code: 9691
  • Zip Code: 60404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,443
  • Tax Rate Code Area: 0583

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 390,042
  • High Value: 450,436
  • Low Value: 329,648

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 15, 2012
  • First Open Lien Mortgage Loan Amount: $148,000
  • 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: Jun 01, 2042
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 15, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 419
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 07, 2051

    Market Valuation

  • Market Total Value: $308,085
  • Market Land Value: $47,211
  • Market Improvement Value: $260,874

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,695
  • Assessed Land Value: $15,737
  • Assessed Improvements Value: $86,958

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2012
  • Current Sale Recording Date: Jun 15, 2012
  • Current Sale Transaction ID: 1178971796
  • Current Sale Price: $187,900
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: R2012064920
  • Previous Sale Recording Date: Jul 01, 2011
  • Previous Sale Contract Date: Jun 24, 2011
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 15, 2012
  • First Mortgage Loan Amount: $148,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2042

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Frequently Asked Questions

What neighborhood is 818 Richards Drive located in?
The 818 Richards Drive is a located in the neighborhood of Troy in Shorewood, Shorewood.
What is the average sales price for listings in 818 Richards Drive?
The average sales price for units in 818 Richards Drive is $0 currently.

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