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25231 Faraday Road

25231 Faraday Road, Manhattan, IL 60442
Property in Manhattan
Sold May 06, 2014
$116,000
$110,200 by Guaranteed Rate Inc
Mortgage Due May 01, 2044
Sold Feb 14, 2014
$185,963
25231 Faraday Road has been categorized by the local assessors in Manhattan, IL as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 25231 Faraday Road has 1,274 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,884 square feet.

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 389 sqft. According to our sources, there is one available parking space. 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 frame control joints. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. 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, 25231 Faraday Road was last sold in Apr 2, 2014 for $116,000. According to our calculations, that's $69.75 per sqft. Prior to that sales transaction, the property was sold for $185,963 in Jan 31, 2014. Current property owners are expected to pay $5,136 in taxes per year. The property on 25231 Faraday Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $56,000. To break that down further, the land itself was valued at $9,000. While improvements to the property were assessed at a total of $47,000. 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. 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!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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 389
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,884
  • Lot Size Frontage Feet: 320
  • Total Building Area: 1,663
  • Building Area: 1,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,274
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEIGHLINBRIDGE
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 10: BLDG 9 UNIT 4 THAT PRT OF LOT 5 IN LEIGHLINBRIDGE UNIT 1, BEING A SUB OF PRT OF THE SW1/4 OF SEC 17, T34N-R11E. DAF

Ownership

  • Current Owner : CHAFFIN ZACHARY A
  • Current Owner 2: FREDETTE TRICIA L
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: AUSICK JOHN A
  • Owner Before Previous Owner 2: PHH MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Manhattan School District 114
  • Census Tract: 883509

Geography

  • Subdivision Tract Number: 10
  • Parcel: 14-12-17-313-105
  • Lot: 5
  • Meridian: SEC 17 TWN 34N RNG 11E
  • Municipality: MANHATTAN
  • Latitude: 41.4296
  • Longitude: -87.9984

    Address

  • Full Address: 25231 Faraday Rd
  • Legal Unit: 1
  • Address - House Number: 25231
  • Address - Street Name: Faraday
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Manhattan
  • Carrier Code: R005
  • 4-Digit Zip Code: 6213
  • Zip Code: 60442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,136
  • Tax Rate Code Area: 1401

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 210,797
  • High Value: 240,723
  • Low Value: 180,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,200
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 06, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $110,200
  • 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: May 01, 2044

    Market Valuation

  • Market Total Value: $168,000
  • Market Land Value: $27,000
  • Market Improvement Value: $141,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,000
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $47,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 02, 2014
  • Current Sale Recording Date: May 06, 2014
  • Current Sale Transaction ID: 1092336505
  • Current Sale Price: $116,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: R2014037411
  • Previous Sale Recording Date: Feb 14, 2014
  • Previous Sale Contract Date: Jan 31, 2014
  • Previous Sale Amount: $185,963
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 06, 2014
  • First Mortgage Loan Amount: $110,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Manhattan



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Frequently Asked Questions

What neighborhood is 25231 Faraday Road located in?
The 25231 Faraday Road is a located in the neighborhood of Manhattan in Manhattan, Manhattan.
What is the average sales price for listings in 25231 Faraday Road?
The average sales price for units in 25231 Faraday Road is $0 currently.

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