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402 North Drury Lane

402 North Drury Lane, Arlington Heights, IL 60004
Property in Wheeling
Sold Oct 14, 2016
$329,000
$220,000 by Flagstar Bank Fsb
Mortgage Due Oct 01, 2046
402 North Drury Lane in Arlington Heights, IL was first built in 1958 and is 66 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 split level style. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 402 North Drury Lane has 1,261 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 8,712 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 402 North Drury Lane was last sold in Oct 3, 2016 for $329,000. According to our calculations, that's $260.90 per sqft. Current property owners are expected to pay $7,086 in taxes per year. The property on 402 North Drury Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,298. To break that down further, the land itself was valued at $8,712. While improvements to the property were assessed at a total of $21,586. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,261
  • Gross Building Area: 1,261
  • Building Area: 1,261
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,261
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON ACRES
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ILLIANA GEORGIEV NIKOLAY
  • Current Owner 2: ILLIANA MAROUDOVA
  • Previous Owner : OXFORD BANK & TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802801

Geography

  • District: 38
  • Parcel: 03-28-300-034-0000
  • Block: 1
  • Lot: 19
  • Meridian: SEC 28 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0865
  • Longitude: -87.965

    Address

  • Full Address: 402 N Drury Ln
  • Address - House Number: 402
  • Street Direction: N
  • Address - Street Name: Drury
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C017
  • 4-Digit Zip Code: 6425
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,086
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 417,046
  • High Value: 512,005
  • Low Value: 322,086

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $310,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Oct 14, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Oct 01, 2046
  • Second Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jun 23, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $90,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 06, 2050

    Market Valuation

  • Market Total Value: $302,980
  • Market Land Value: $87,120
  • Market Improvement Value: $215,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,298
  • Assessed Land Value: $8,712
  • Assessed Improvements Value: $21,586

    Sales

  • Current Sale Contract Date: Oct 03, 2016
  • Current Sale Recording Date: Oct 14, 2016
  • Current Sale Transaction ID: 1820173056
  • Current Sale Price: $329,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1628855472

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Oct 14, 2016
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Arlington Heights



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Frequently Asked Questions

What neighborhood is 402 North Drury Lane located in?
The 402 North Drury Lane is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 402 North Drury Lane?
The average sales price for units in 402 North Drury Lane is $0 currently.

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