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1206 Walnut Street

1206 Walnut Street, Western Springs, IL 60558
Property in Lyons
Sold Nov 16, 2020
$1,740,000
$800,000 by Wells Fargo Home Mortgage Inc
Mortgage Due Aug 01, 2033
Sold Feb 04, 1994
Transfer
Local assessors in Western Springs, IL have categorized 1206 Walnut Street as a residential type of property. The home was built in 1891 and is 133 years old. The property's lot size has been calculated to be 19,865 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1206 Walnut Street has a total of 6,345 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1206 Walnut Street sold most recently in Sep 14, 2020 for a total of $1,740,000. If you work out the math, that's approximately a cost of $274.23 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $34,366 in taxes each year. 1206 Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $161,486. If we break it down further, the land itself was valued at $21,852. Improvements to the property, however, were assessed at a total of $139,634. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1891
  • Effective Year Built: 1891
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 19,865
  • Total Building Area: 6,345
  • Gross Building Area: 6,345
  • Building Area: 6,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 6,345
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAM RESUB OF LTS31-36 IN BLK11, LT
  • Land Acres: 0.456
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WILLIAM) RESUB OF LTS31-36 IN BLK11, LTS2-4,8-14,16 & PT LT1 IN BLK12 OF WESTERN SPRINGS RESUB OF LTS8-9,13-17 BLK11 & LTS3-

Ownership

  • Current Owner : STOTT DAVID M
  • Current Owner 2: STOTT JENNIFER D
  • Previous Owner : HUDSON SCOTT R
  • Previous Owner 2: TURNER BARBARA T
  • Owner Before Previous Owner: BANK ONE CHICAGO NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819801

Geography

  • District: 21
  • Parcel: 18-06-401-023-0000
  • Block: 11,12
  • Lot: 1-5,8
  • Meridian: SEC 06 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.811
  • Longitude: -87.9041

    Address

  • Full Address: 1206 Walnut St
  • Address - House Number: 1206
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Western Springs
  • Carrier Code: C009
  • 4-Digit Zip Code: 1334
  • Zip Code: 60558

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,366
  • Tax Rate Code Area: 21034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 04, 2003
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2033

    Market Valuation

  • Market Total Value: $1,614,860
  • Market Land Value: $218,520
  • Market Improvement Value: $1,396,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,486
  • Assessed Land Value: $21,852
  • Assessed Improvements Value: $139,634

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Transaction ID: 11801088397
  • Current Sale Price: $1,740,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031946451
  • Previous Sale Recording Date: Feb 04, 1994
  • Previous Sale Contract Date: Jan 21, 1994
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 16, 2020
  • First Mortgage Loan Amount: $1,392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Western Springs



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Frequently Asked Questions

What neighborhood is 1206 Walnut Street located in?
The 1206 Walnut Street is a located in the neighborhood of Lyons in Western Springs, Western Springs.
What is the average sales price for listings in 1206 Walnut Street?
The average sales price for units in 1206 Walnut Street is $0 currently.

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