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318 Harlem Road

318 Harlem Road, Machesney Park, IL 61115
Property in Harlem
Sold Feb 12, 2020
$80,000
$73,260 by Blackhawk Bank
Mortgage Due Mar 01, 2050
Sold Nov 23, 2016
$51,600
$46,680 by First Bk Fin'l Ctr
Mortgage
318 Harlem Road in Machesney Park, IL was first built in 1955 and is 69 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 318 Harlem Road has 914 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,571 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. The exterior walls of the home are made of concrete. As for heating, the home is utilizing a gas heating system and being fueled with gas. 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, 318 Harlem Road sold most recently in Feb 11, 2020 for a total of $80,000. If you work out the math, that's approximately a cost of $87.53 per sqft. Before that, the property was also sold for $51,600 in Aug 19, 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 $1,921 in taxes each year. 318 Harlem Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $26,436. If we break it down further, the land itself was valued at $2,876. Improvements to the property, however, were assessed at a total of $23,560. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,571
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 914
  • Gross Building Area: 914
  • Building Area: 914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 914
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIBERTY PARK
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADD TO LIBERTY PARK LOT 006 BLOCK 010

Ownership

  • Current Owner : HENREY BRADLEY L
  • Previous Owner : HEATHER MAYNARD
  • Owner Before Previous Owner: BANKSON CHRISTIAN S
  • Owner Before Previous Owner 2: BANKSON MELINDA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 000101

Geography

  • Parcel: 08-30-355-005
  • Block: 010
  • Lot: 006
  • Municipality: HARLEM
  • Latitude: 42.3398
  • Longitude: -89.0573

    Address

  • Full Address: 318 Harlem Rd
  • Address - House Number: 318
  • Address - Street Name: Harlem
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Machesney Park
  • Carrier Code: C031
  • 4-Digit Zip Code: 2402
  • Zip Code: 61115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,921
  • Tax Rate Code Area: 144

    Appraisal Valuation

  • Standard Deviation: 0.2644
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 116,196
  • High Value: 146,922
  • Low Value: 85,469

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $80,760
  • First Open Lien Mortgage Lender: BLACKHAWK BANK
  • First Open Lien Mortgage Recording Date: Feb 12, 2020
  • First Open Lien Mortgage Loan Amount: $73,260
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Recording Date: Feb 12, 2020
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $79,308
  • Market Land Value: $8,628
  • Market Improvement Value: $70,680

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,436
  • Assessed Land Value: $2,876
  • Assessed Improvements Value: $23,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 11, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Transaction ID: 11755573059
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201004088
  • Previous Sale Recording Date: Nov 23, 2016
  • Previous Sale Contract Date: Aug 19, 2016
  • Previous Sale Amount: $51,600
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLACKHAWK BANK
  • First Mortgage Transaction Date: Feb 12, 2020
  • First Mortgage Loan Amount: $73,260
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050
  • Second Mortgage Loan Amount: $7,500

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BK FIN'L CTR
  • Previous Mortgage Transaction Date: Nov 23, 2016
  • Previous Mortgage Loan Amount: $46,680
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Machesney Park



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Frequently Asked Questions

What neighborhood is 318 Harlem Road located in?
The 318 Harlem Road is a located in the neighborhood of Harlem in Machesney Park, Machesney Park.
What is the average sales price for listings in 318 Harlem Road?
The average sales price for units in 318 Harlem Road is $0 currently.

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