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903 Arrowhead Drive

903 Arrowhead Drive, Elwood, IL 60421
Property in Jackson
Sold Aug 15, 2018
$65,333
$192,351 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2048
Sold Apr 20, 2011
$135,000
$131,577 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2041
903 Arrowhead Drive in Elwood, IL was first built in 2002 and is 22 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 10,125 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. 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, 903 Arrowhead Drive sold most recently in Jul 20, 2018 for a total of $65,333. Before that, the property was also sold for $135,000 in Mar 4, 2011. 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 $6,004 in taxes each year. 903 Arrowhead Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $85,043. If we break it down further, the land itself was valued at $20,040. Improvements to the property, however, were assessed at a total of $65,003. 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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 10,125
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEADOWBROOK 4TH ADDITION
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 205 IN MEADOWBROOK 4TH ADDITION, A SUB OF PRT OF THE NW1/4 THE NE1/4 OF SEC 20, T34N-R10E.

Ownership

  • Current Owner : ALEXANDER JEROME C
  • Current Owner 2: JONES LACILLIA T
  • Previous Owner : HOONEY SHAWN F
  • Previous Owner 2: IPPOLITO JESSICA
  • Owner Before Previous Owner: SOVEREIGN BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elwood Community Consolidated School District 203
  • Census Tract: 883307

Geography

  • Parcel: 10-11-20-106-023
  • Lot: 205
  • Meridian: SEC 20 TWN 34N RNG 10E
  • Municipality: JACKSON
  • Latitude: 41.4179
  • Longitude: -88.1081

    Address

  • Full Address: 903 Arrowhead Dr
  • Address - House Number: 903
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elwood
  • Carrier Code: R003
  • 4-Digit Zip Code: 6072
  • Zip Code: 60421

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,004
  • Tax Rate Code Area: 1010

    Appraisal Valuation

  • Standard Deviation: 0.1525
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 296,249
  • High Value: 341,452
  • Low Value: 251,046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,351
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 15, 2018
  • First Open Lien Mortgage Loan Amount: $192,351
  • 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: Sep 01, 2048

    Market Valuation

  • Market Total Value: $255,129
  • Market Land Value: $60,120
  • Market Improvement Value: $195,009

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,043
  • Assessed Land Value: $20,040
  • Assessed Improvements Value: $65,003

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2018
  • Current Sale Recording Date: Aug 15, 2018
  • Current Sale Transaction ID: 11494485769
  • Current Sale Price: $65,333
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2018057309
  • Previous Sale Recording Date: Apr 20, 2011
  • Previous Sale Contract Date: Mar 04, 2011
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 15, 2018
  • First Mortgage Loan Amount: $192,351
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 20, 2011
  • Previous Mortgage Loan Amount: $131,577
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2041

About Elwood



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Frequently Asked Questions

What neighborhood is 903 Arrowhead Drive located in?
The 903 Arrowhead Drive is a located in the neighborhood of Jackson in Elwood, Elwood.
What is the average sales price for listings in 903 Arrowhead Drive?
The average sales price for units in 903 Arrowhead Drive is $0 currently.

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