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8481 Winnebago Lane

8481 Winnebago Lane, Byron, IL 61010
Property in Byron
Sold Jul 18, 2023
Transfer
$291,412 by Envoy Mortgage Ltd
Mortgage Due Jul 01, 2053
Sold Jul 12, 2023
$353,000
8481 Winnebago Lane in Byron, IL was first built in 1989 and is 35 years old. This has been categorized as a residential property type. There are a total of 2 floors. 8481 Winnebago Lane has 2,400 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 36,619 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. Before that, the property was also sold for $353,000 in Jun 30, 2023. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,175 in taxes each year. 8481 Winnebago Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $101,559. If we break it down further, the land itself was valued at $12,623. Improvements to the property, however, were assessed at a total of $88,936. 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: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 36,619
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BYRON HILLS ESTATES SUB
  • Land Acres: 0.84
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RNG/BLK: 11 TWP:25 SECT/LOT:30 LOT 143 BYRON HILLS #5

Ownership

  • Current Owner : HIVELEY JEFFREY G
  • Current Owner 2: HIVELEY ANNE M
  • Previous Owner : EARLY SHAWN R
  • Previous Owner 2: EARLY DIANA M
  • Owner Before Previous Owner: EARLY SHAWN R
  • Owner Before Previous Owner 2: EARLY DIANA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Byron Community Unit School District 226
  • Census Tract: 960700

Geography

  • District: 3
  • Parcel: 05-30-226-018
  • Block: 11
  • Lot: 30,143
  • Meridian: SEC 30 TWN 25 RNG 11
  • Municipality: BYRON
  • Latitude: 42.1442
  • Longitude: -89.2629

    Address

  • Full Address: 8481 Winnebago Ln
  • Address - House Number: 8481
  • Address - Street Name: Winnebago
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Byron
  • Carrier Code: R004
  • 4-Digit Zip Code: 9046
  • Zip Code: 61010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,175
  • Tax Rate Code Area: 341

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 368,719
  • High Value: 456,494
  • Low Value: 280,945

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $291,412
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Jul 12, 2023
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $291,412
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $304,677
  • Market Land Value: $37,869
  • Market Improvement Value: $266,808

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,559
  • Assessed Land Value: $12,623
  • Assessed Improvements Value: $88,936

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 18, 2023
  • Current Sale Transaction ID: 11910865037
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202303080
  • Previous Sale Recording Date: Jul 12, 2023
  • Previous Sale Contract Date: Jun 30, 2023
  • Previous Sale Amount: $353,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Jul 18, 2023
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jul 12, 2023
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Ogle



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Frequently Asked Questions

What neighborhood is 8481 Winnebago Lane located in?
The 8481 Winnebago Lane is a located in the neighborhood of Byron in Ogle, Byron.
What is the average sales price for listings in 8481 Winnebago Lane?
The average sales price for units in 8481 Winnebago Lane is $0 currently.

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