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1362 Trotters Lane

1362 Trotters Lane, Bourbonnais, IL 60914
Property in Bourbonnais
Sold Jun 29, 2021
$257,500
$206,000 by Novus Home Mortgage
Mortgage Due Jul 01, 2051
Sold May 31, 2016
$193,000
$183,350 by Peoples Bank/kankakee Cnty
Mortgage Due Jun 01, 2046
Local assessors in Bourbonnais, IL have categorized 1362 Trotters Lane as a residential type of property. The property's lot size has been calculated to be 9,524 square feet.

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. 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, 1362 Trotters Lane sold most recently in Jun 23, 2021 for a total of $257,500. Before that, the property was also sold for $193,000 in May 27, 2016. 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 $6,064 in taxes each year. 1362 Trotters Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,980. If we break it down further, the land itself was valued at $8,103. Improvements to the property, however, were assessed at a total of $83,877. 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. 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!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,524
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTERS RUN SUB
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: HUNTERS RUN SUB LOT 29 15-31-12E

Ownership

  • Current Owner : KENNEDY MORGAN L
  • Current Owner 2: CRANE MARK T
  • Previous Owner : PENA
  • Previous Owner 2: CRYSTAL
  • Owner Before Previous Owner: VONWERDER KENNETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bradley-Bourbonnais Consolidated High School District 307
  • Census Tract: 010701

Geography

  • District: 17
  • Parcel: 17-09-15-304-029
  • Lot: 29
  • Municipality: BOURBONNAIS
  • Latitude: 41.1642
  • Longitude: -87.827

    Address

  • Full Address: 1362 Trotters Ln
  • Address - House Number: 1362
  • Address - Street Name: Trotters
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R010
  • 4-Digit Zip Code: 4519
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,064
  • Tax Rate Code Area: 17030

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 306,434
  • High Value: 366,856
  • Low Value: 246,012

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,000
  • First Open Lien Mortgage Lender: NOVUS HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $206,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $275,940
  • Market Land Value: $24,309
  • Market Improvement Value: $251,631

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,980
  • Assessed Land Value: $8,103
  • Assessed Improvements Value: $83,877

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11849482096
  • Current Sale Price: $257,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8822
  • Previous Sale Recording Date: May 31, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVUS HOME MORTGAGE
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $206,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK/KANKAKEE CNTY
  • Previous Mortgage Transaction Date: May 31, 2016
  • Previous Mortgage Loan Amount: $183,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About Bradley



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Frequently Asked Questions

What neighborhood is 1362 Trotters Lane located in?
The 1362 Trotters Lane is a located in the neighborhood of Bourbonnais in Bradley, Bourbonnais.
What is the average sales price for listings in 1362 Trotters Lane?
The average sales price for units in 1362 Trotters Lane is $0 currently.

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