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998 Reading Drive

998 Reading Drive, Bartlett, IL 60103
Property in Wayne
Sold Jun 04, 2020
$600,000
$410,000 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2050
Sold Jun 04, 2020
$600,000
998 Reading Drive in Bartlett, IL was first built in 2004 and is 20 years old. This has been categorized as a residential property type. 998 Reading Drive has 5,138 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 33,977 square feet.

Learn more about the property and building on this page. 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, 998 Reading Drive was last sold in May 22, 2020 for $600,000. According to our calculations, that's $112.63 per sqft. Prior to that sales transaction, the property was sold for $600,000 in Feb 14, 2020. Current property owners are expected to pay $17,209 in taxes per year. The property on 998 Reading Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $202,940. To break that down further, the land itself was valued at $45,170. While improvements to the property were assessed at a total of $157,770. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,977
  • Total Building Area: 5,327
  • Building Area: 5,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARTLETT STATION PHASE 2
  • Land Acres: 0.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BARTLETT STATION PHASE 2 ALL

Ownership

  • Current Owner : PETERS JEFF
  • Current Owner 2: PETERS BETH
  • Previous Owner : PROMISOR RELOCATION LLC
  • Owner Before Previous Owner: GEORGE TONY P
  • Owner Before Previous Owner 2: GEORGE JACOB LIJA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841316

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2910-C4
  • Subdivision Phase Number: 2
  • Parcel: 01-03-106-001
  • Lot: 44
  • Municipality: WAYNE
  • Latitude: 41.985
  • Longitude: -88.203

    Address

  • Full Address: 998 Reading St
  • Address - House Number: 998
  • Address - Street Name: Reading
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R017
  • 4-Digit Zip Code: 4557
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,209
  • Tax Rate Code Area: 1170

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 781,773
  • High Value: 910,502
  • Low Value: 653,044

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $410,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Loan Amount: $410,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $608,820
  • Market Land Value: $135,510
  • Market Improvement Value: $473,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $202,940
  • Assessed Land Value: $45,170
  • Assessed Improvements Value: $157,770

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Transaction ID: 11766947160
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020-056855
  • Previous Sale Recording Date: Jun 04, 2020
  • Previous Sale Contract Date: Feb 14, 2020
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 04, 2020
  • First Mortgage Loan Amount: $410,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Bartlett



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Unit for rent at 110 N Berteau Avenue, Bartlett, IL, 60103

$2,500 /mo

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110 N Berteau Avenue, Bartlett, IL, 60103 Listing by Mary Olson

Frequently Asked Questions

What neighborhood is 998 Reading Drive located in?
The 998 Reading Drive is a located in the neighborhood of Wayne in Bartlett, Bartlett.
What is the average sales price for listings in 998 Reading Drive?
The average sales price for units in 998 Reading Drive is $0 currently.

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