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8826 East Teal Lane

8826 East Teal Lane, Wilmington, IL 60481
Property in Goose Lake
Sold Dec 20, 2018
$70,000
$194,000 by First Midwest Bank
Mortgage
Sold Dec 20, 2018
$70,000
$194,400 by First Midwest Bank
Mortgage
Local assessors in Wilmington, IL have categorized 8826 East Teal Lane as a residential type of property. The home was built in 1998 and is 26 years old. If we look only at the heated or air conditioned part of the building, then 8826 East Teal Lane has a total of 1,832 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 property was last sold in Dec 5, 2018 for $70,000. That's $38.21 per sqft. Prior to that sales transaction, the property was also sold in Dec 5, 2018 for $70,000. 8826 East Teal Lane was last assessed in 2018. The total value of the property was assessed at $59,791. While improvements on the property were assessed at a total of $59,791. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,832
  • Gross Building Area: 1,832
  • Building Area: 1,832
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILDFEATHER CHANNEL BLOCK NO 2
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: WILDFEATHER CHANNEL BLK NO 2 LT 71 SEC 1-33-8 LEASEHOLD

Ownership

  • Current Owner : BERTANI L ROBERT
  • Current Owner 2: BERTANI BRYAN R
  • Previous Owner : KELTY DOUGLAS R
  • Owner Before Previous Owner: KELTY DOUGLAS R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Coal City Community Unit School District 1
  • Census Tract: 000700

Geography

  • District: 06
  • Parcel: 06-01-228-025
  • Block: 2
  • Lot: 71
  • Meridian: SEC 01 TWN 33 RNG 08
  • Municipality: GOOSE LAKE TOWNSHIP
  • Latitude: 41.3732
  • Longitude: -88.2521

    Address

  • Full Address: 8826 E Teal Ln
  • Address - House Number: 8826
  • Street Direction: E
  • Address - Street Name: Teal
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wilmington
  • Carrier Code: R004
  • 4-Digit Zip Code: 9213
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $0
  • Tax Rate Code Area: 07001

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Jul 08, 2020
  • Confidence Score: 79
  • Final Value: 251,903
  • High Value: 307,225
  • Low Value: 196,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $194,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $179,373
  • Market Improvement Value: $179,373

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $59,791
  • Assessed Improvements Value: $59,791

    Sales

  • Current Sale Contract Date: Dec 05, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Transaction ID: 11548759865
  • Current Sale Price: $70,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 581945
  • Previous Sale Recording Date: Dec 20, 2018
  • Previous Sale Contract Date: Dec 05, 2018
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Dec 20, 2018
  • First Mortgage Loan Amount: $194,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MIDWEST BANK
  • Previous Mortgage Transaction Date: Dec 20, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $194,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Grundy



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Frequently Asked Questions

What neighborhood is 8826 East Teal Lane located in?
The 8826 East Teal Lane is a located in the neighborhood of Goose Lake in Grundy, Wilmington.
What is the average sales price for listings in 8826 East Teal Lane?
The average sales price for units in 8826 East Teal Lane is $0 currently.

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