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947 Glacial Falls Drive

947 Glacial Falls Drive, Gilberts, IL 60136
Property in Rutland
Sold Dec 29, 2016
$375,000
$367,815 by Cibm Bank
Mortgage Due Jan 01, 2047
Sold Jul 06, 2015
$676,500
This has been categorized as a residential property type. In total, the area measurement of the land is 12,632 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. According to our sources, 947 Glacial Falls Drive sold most recently in Dec 28, 2016 for a total of $375,000. Before that, the property was also sold for $676,500 in Jul 2, 2015. 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 $9,957 in taxes each year. 947 Glacial Falls Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $140,605. If we break it down further, the land itself was valued at $32,769. Improvements to the property, however, were assessed at a total of $107,836. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE CONSERVANCY-POD
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE CONSERVANCY - POD 4 LT 494

Ownership

  • Current Owner : RUSCH WILLIAM C
  • Current Owner 2: RUSCH CONNIE M
  • Previous Owner : NVR INC
  • Owner Before Previous Owner: GILBERTS DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850707

Geography

  • Parcel: 02-11-425-015
  • Lot: 494
  • Municipality: RUTLAND
  • Latitude: 42.1297
  • Longitude: -88.3814

    Address

  • Full Address: 947 Glacial Falls Dr
  • Address - House Number: 947
  • Address - Street Name: Glacial Falls
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gilberts
  • Carrier Code: R035
  • 4-Digit Zip Code: 7710
  • Zip Code: 60136

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,957
  • Tax Rate Code Area: RU089

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 528,234
  • High Value: 600,053
  • Low Value: 456,414

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,815
  • First Open Lien Mortgage Lender: CIBM BANK
  • First Open Lien Mortgage Recording Date: Dec 29, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $367,815
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $421,984
  • Market Land Value: $98,346
  • Market Improvement Value: $323,637

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,605
  • Assessed Land Value: $32,769
  • Assessed Improvements Value: $107,836

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2016
  • Current Sale Recording Date: Dec 29, 2016
  • Current Sale Transaction ID: 1913154360
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016K071847
  • Previous Sale Recording Date: Jul 06, 2015
  • Previous Sale Contract Date: Jul 02, 2015
  • Previous Sale Amount: $676,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Dec 29, 2016
  • First Mortgage Loan Amount: $367,815
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Gilberts



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Frequently Asked Questions

What neighborhood is 947 Glacial Falls Drive located in?
The 947 Glacial Falls Drive is a located in the neighborhood of Rutland in Gilberts, Gilberts.
What is the average sales price for listings in 947 Glacial Falls Drive?
The average sales price for units in 947 Glacial Falls Drive is $0 currently.

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