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525 North Pioneer Drive

525 North Pioneer Drive, Addison, IL 60101
Property in Addison
Sold Oct 27, 2009
$262,000
$256,800 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2036
525 North Pioneer Drive has been categorized by the local assessors in Addison, IL as a residential type of property. The building on the property was first built in 1965 and is 59 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 525 North Pioneer Drive has 2,508 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 134 ft and across the front of the lot is 42 ft. The area measurement of the land has been determined as 12,632 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Oct 16, 2009 for $262,000. That's $88.22 per sqft. 525 North Pioneer Drive was last assessed in 2022. The total value of the property was assessed at $106,080. Specifically, the land the property is located on was valued at $39,850. While improvements on the property were assessed at a total of $66,230. 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 $7,371. 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: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Brick
  • Building Style: Raised Ranch
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 134
  • Lot Size Frontage Feet: 42
  • Total Building Area: 2,970
  • Gross Building Area: 2,970
  • Building Area: 2,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,508
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PIONEER PARK SUB
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PIONEER PARK SUB NUMBER TWO UNIT FOUR

Ownership

  • Current Owner : PEREZ RUBEN
  • Current Owner 2: GOROSTIETA MAXIMINO
  • Previous Owner : FERRANTE ORLANDO
  • Previous Owner 2: FERRANTE MARIA R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840303

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-C4
  • Parcel: 03-20-318-014
  • Lot: 305
  • Municipality: ADDISON
  • Latitude: 41.9364
  • Longitude: -88.0138

    Address

  • Full Address: 525 N Pioneer Dr
  • Address - House Number: 525
  • Street Direction: N
  • Address - Street Name: Pioneer
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Addison
  • Carrier Code: C020
  • 4-Digit Zip Code: 2125
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,371
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 387,634
  • High Value: 453,889
  • Low Value: 321,379

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $356,800
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $256,800
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036
  • Second Open Lien Mortgage Lender: BAXTER CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 09, 2023
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Jun 30, 2038

    Market Valuation

  • Market Total Value: $318,240
  • Market Land Value: $119,550
  • Market Improvement Value: $198,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,080
  • Assessed Land Value: $39,850
  • Assessed Improvements Value: $66,230

    Sales

  • Current Sale Contract Date: Oct 16, 2009
  • Current Sale Recording Date: Oct 27, 2009
  • Current Sale Transaction ID: 1177975881
  • Current Sale Price: $262,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2009-163035

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Oct 27, 2009
  • First Mortgage Loan Amount: $257,254
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2039

About Addison



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Frequently Asked Questions

What neighborhood is 525 North Pioneer Drive located in?
The 525 North Pioneer Drive is a located in the neighborhood of Addison in Addison, Addison.
What is the average sales price for listings in 525 North Pioneer Drive?
The average sales price for units in 525 North Pioneer Drive is $0 currently.

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