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1414 Memorial Drive

1414 Memorial Drive, Calumet City, IL 60409
Property in Calumet City
Sold Oct 12, 2021
$205,000
$201,286 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Sold Apr 06, 2021
$112,500
Local assessors in Calumet City, IL have categorized 1414 Memorial Drive as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 4,916 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 3 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 1414 Memorial Drive has a total of 1,264 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Sep 3, 2021 for $205,000. That's $162.18 per sqft. Prior to that sales transaction, the property was also sold in Jan 7, 2021 for $112,500. 1414 Memorial Drive was last assessed in 2023. The total value of the property was assessed at $18,860. Specifically, the land the property is located on was valued at $2,704. While improvements on the property were assessed at a total of $16,156. 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 $9,870. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Aluminum Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,916
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,264
  • Gross Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FORD CALUMET TERRACE
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DODD MARFIELD
  • Previous Owner : ROPER FREDERICK
  • Owner Before Previous Owner: CAMANRO INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dolton School District 149
  • Census Tract: 825803

Geography

  • District: 37
  • Parcel: 29-12-415-042-0000
  • Block: 2
  • Lot: 16,15
  • Meridian: SEC 12 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6194
  • Longitude: -87.5599

    Address

  • Full Address: 1414 Memorial Dr
  • Address - House Number: 1414
  • Address - Street Name: Memorial
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Calumet City
  • Carrier Code: C026
  • 4-Digit Zip Code: 3213
  • Zip Code: 60409

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,870
  • Tax Rate Code Area: 37026

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 210,055
  • High Value: 263,860
  • Low Value: 156,250

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,286
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $201,286
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $188,600
  • Market Land Value: $27,040
  • Market Improvement Value: $161,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,860
  • Assessed Land Value: $2,704
  • Assessed Improvements Value: $16,156

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859661805
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2128533412
  • Previous Sale Recording Date: Apr 06, 2021
  • Previous Sale Contract Date: Jan 07, 2021
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $201,286
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Calumet City



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Frequently Asked Questions

What neighborhood is 1414 Memorial Drive located in?
The 1414 Memorial Drive is a located in the neighborhood of Calumet City in Calumet City, Calumet City.
What is the average sales price for listings in 1414 Memorial Drive?
The average sales price for units in 1414 Memorial Drive is $0 currently.

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