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2525 Kingsway Avenue

2525 Kingsway Avenue, New Lenox, IL 60451
Property in New Lenox
Sold Jul 14, 2021
$325,000
$260,000 by First Midwest Bank
Mortgage Due Aug 01, 2051
Sold Aug 11, 1995
$159,000
$100,000 by Nlsb
Mortgage Due Aug 01, 2025
Local assessors in New Lenox, IL have categorized 2525 Kingsway Avenue as a residential type of property. The property's lot size has been calculated to be 14,845 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. 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, 2525 Kingsway Avenue was last sold in Jul 2, 2021 for $325,000. Prior to that sales transaction, the property was sold for $159,000 in Jun 7, 1995. Current property owners are expected to pay $8,531 in taxes per year. The property on 2525 Kingsway Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $104,591. To break that down further, the land itself was valued at $29,290. While improvements to the property were assessed at a total of $75,301. 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. 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. 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

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

    Dimensions

  • Lot Size Square Feet: 14,845
  • 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: ROYAL MEADOWS UNIT ONE
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 36 IN ROYAL MEADOWS UNIT 1, BEING A SUB OF PRT OF THE SW1/4 OF SEC. 32, T35N-R11E.

Ownership

  • Current Owner : SCHULER KRISTIN
  • Previous Owner : BLATZER DANIEL R
  • Previous Owner 2: BLATZER JILLA
  • Owner Before Previous Owner: NLSB
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881109

Geography

  • Parcel: 15-08-32-302-003
  • Lot: 36
  • Meridian: SEC 32 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4742
  • Longitude: -87.9958

    Address

  • Full Address: 2525 Kingsway Ave
  • Legal Unit: 1
  • Address - House Number: 2525
  • Address - Street Name: Kingsway
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R007
  • 4-Digit Zip Code: 2557
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,531
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1488
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 384,903
  • High Value: 442,182
  • Low Value: 327,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $313,773
  • Market Land Value: $87,870
  • Market Improvement Value: $225,903

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,591
  • Assessed Land Value: $29,290
  • Assessed Improvements Value: $75,301

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 02, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11842949441
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021076378
  • Previous Sale Recording Date: Aug 11, 1995
  • Previous Sale Contract Date: Jun 07, 1995
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NLSB
  • Previous Mortgage Transaction Date: Aug 11, 1995
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2025

About New Lenox



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Frequently Asked Questions

What neighborhood is 2525 Kingsway Avenue located in?
The 2525 Kingsway Avenue is a located in the neighborhood of New Lenox in New Lenox, New Lenox.
What is the average sales price for listings in 2525 Kingsway Avenue?
The average sales price for units in 2525 Kingsway Avenue is $0 currently.

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