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21368 Sea Ray Lane

21368 Sea Ray Lane, Wilmington, IL 60481
Property in Florence
Sold Jun 21, 2021
$265,000
$251,750 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2051
Sold Jan 13, 2006
$199,500
21368 Sea Ray Lane has been categorized by the local assessors in Wilmington, IL as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The area measurement of the land has been determined as 7,200 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. 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, 21368 Sea Ray Lane was last sold in Mar 11, 2021 for $265,000. Prior to that sales transaction, the property was sold for $199,500 in Jan 6, 2006. Current property owners are expected to pay $5,849 in taxes per year. The property on 21368 Sea Ray Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $80,324. To break that down further, the land itself was valued at $9,076. While improvements to the property were assessed at a total of $71,248. 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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • 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: WATERS EDGE ESTATES PUD UNIT TWO
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 114 (EX THRFM THE E 3.33 FT THRF) AND ALSO (EX THAT PRT DAF; BEG AT THE SW COR OF SD LOT; THC E ALG THE S LN OF SD LOT A

Ownership

  • Current Owner : MEDINA ALEXANDER
  • Current Owner 2: MEDINA LLANELY
  • Previous Owner : BIERMAN MICHAEL
  • Previous Owner 2: BIERMAN DAWN
  • Owner Before Previous Owner: SURDEJ ROY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883304

Geography

  • Parcel: 09-18-19-302-103
  • Lot: 114
  • Municipality: FLORENCE
  • Latitude: 41.3267
  • Longitude: -88.1252

    Address

  • Full Address: 21368 Sea Ray Ln
  • Address - House Number: 21368
  • Address - Street Name: Sea Ray
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wilmington
  • Carrier Code: R003
  • 4-Digit Zip Code: 7704
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,849
  • Tax Rate Code Area: 0904

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 293,437
  • High Value: 338,850
  • Low Value: 248,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,750
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $251,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $240,972
  • Market Land Value: $27,228
  • Market Improvement Value: $213,744

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,324
  • Assessed Land Value: $9,076
  • Assessed Improvements Value: $71,248

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11840775123
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021067868
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Contract Date: Jan 06, 2006
  • Previous Sale Amount: $199,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $251,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Variable

About Wilmington



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Frequently Asked Questions

What neighborhood is 21368 Sea Ray Lane located in?
The 21368 Sea Ray Lane is a located in the neighborhood of Florence in Wilmington, Wilmington.
What is the average sales price for listings in 21368 Sea Ray Lane?
The average sales price for units in 21368 Sea Ray Lane is $0 currently.

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