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112 Gorman Drive

112 Gorman Drive, Romeoville, IL 60446
Property in Lockport
Sold Jul 24, 2012
$127,001
$170,250 by Chase Manhattan Mtg Corp
Mortgage Due Aug 01, 2032
Sold Jul 23, 2002
$173,000
$170,250 by Chase Manhattan Mtg Corp
Mortgage Due Aug 01, 2032
112 Gorman Drive has been categorized by the local assessors in Romeoville, IL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 112 Gorman Drive has 1,736 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 8,056 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 40 sqft. The inside of the home is being cooled with central air conditioning at the moment. 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, 112 Gorman Drive sold most recently in Jul 11, 2012 for a total of $127,001. If you work out the math, that's approximately a cost of $52.39 per sqft. Before that, the property was also sold for $173,000 in Jul 16, 2002. 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 $7,131 in taxes each year. 112 Gorman Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $77,499. If we break it down further, the land itself was valued at $19,666. Improvements to the property, however, were assessed at a total of $57,833. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 648
  • Garage Type: Attached
  • Garage Square Area: 40
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,056
  • Total Building Area: 2,424
  • Building Area: 1,736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,736
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NOTTINGHAM RIDGE PHASE 1 ROMEOVILLE
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 53 IN NOTTINGHAM RIDGE SUB PHASE 1 ROMEOVILLE IL, BEING A SUB OF PRT OF THE SE1/4 OF SEC 4, T36N-R10E.

Ownership

  • Current Owner : AH4R IL 11 LLC
  • Previous Owner : SLAGLE RANDY
  • Previous Owner 2: THE BANK OF NEW YORK MELLON TR
  • Owner Before Previous Owner: NEUMANN HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880508

Geography

  • Subdivision Phase Number: 1
  • Parcel: 11-04-04-402-016
  • Lot: 53
  • Meridian: SEC 04 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6289
  • Longitude: -88.09

    Address

  • Full Address: 112 Gorman Dr
  • Address - House Number: 112
  • Address - Street Name: Gorman
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Romeoville
  • Carrier Code: C015
  • 4-Digit Zip Code: 1782
  • Zip Code: 60446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,131
  • Tax Rate Code Area: 1117

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 301,557
  • High Value: 344,369
  • Low Value: 258,746

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,250
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Open Lien Mortgage Recording Date: Jul 23, 2002
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $170,250
  • 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: Aug 01, 2032

    Market Valuation

  • Market Total Value: $232,497
  • Market Land Value: $58,998
  • Market Improvement Value: $173,499

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,499
  • Assessed Land Value: $19,666
  • Assessed Improvements Value: $57,833

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 11, 2012
  • Current Sale Recording Date: Jul 24, 2012
  • Current Sale Transaction ID: 1148499374
  • Current Sale Price: $127,001
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: R2012080062
  • Previous Sale Recording Date: Jul 23, 2002
  • Previous Sale Contract Date: Jul 16, 2002
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Jul 23, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $170,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2032

About Romeoville



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Frequently Asked Questions

What neighborhood is 112 Gorman Drive located in?
The 112 Gorman Drive is a located in the neighborhood of Lockport in Romeoville, Romeoville.
What is the average sales price for listings in 112 Gorman Drive?
The average sales price for units in 112 Gorman Drive is $0 currently.

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