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31W141 Army Trail Road

31W141 Army Trail Road, Wayne, IL 60184
Property in Wayne
Sold Feb 18, 2022
$1,055,000
$832,500 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2052
Sold Sep 22, 2020
$380,000
Buyer
$357,156 by Tower Real Estate Fund I Llc
Mortgage Due Feb 01, 2022
Local assessors in Wayne, IL have categorized 31W141 Army Trail Road as a residential type of property. The home was built in 1888 and is 136 years old. The property's lot size has been calculated to be 87,556 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Victorian style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 17 rooms in the home. Of these, 6 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 4 full bathrooms. This is a 3 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 31W141 Army Trail Road has a total of 6,165 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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source. There are 6 fireplaces in the home which may result in additional cleaning fees for the homeowner. 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, 31W141 Army Trail Road sold most recently in Jan 21, 2022 for a total of $1,055,000. If you work out the math, that's approximately a cost of $171.13 per sqft. Before that, the property was also sold for $380,000 in Jun 1, 2020. 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 $17,643 in taxes each year. 31W141 Army Trail Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $241,170. If we break it down further, the land itself was valued at $59,350. Improvements to the property, however, were assessed at a total of $181,820. 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: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 6
  • Full Bathrooms: 4
  • Building Style: Victorian
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 6,165
  • Building Area: 6,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 6
  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 6,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: GROVE PLACE SUB
  • Land Acres: 2.01
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROVE PLACE SUB ALL

Ownership

  • Current Owner : DABRUZZO RONALD
  • Current Owner 2: DABRUZZO AMANDA M
  • Previous Owner : BIFF LLC
  • Owner Before Previous Owner: US BANK TRUST NA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841310

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2966-A2
  • Parcel: 01-17-401-012
  • Lot: 1
  • Municipality: WAYNE
  • Latitude: 41.9478
  • Longitude: -88.2266

    Address

  • Full Address: 31w141 Army Trail Rd
  • Address - House Number: 31w141
  • Address - Street Name: Army Trail
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wayne
  • Carrier Code: R101
  • 4-Digit Zip Code: 2134
  • Zip Code: 60184

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,643
  • Tax Rate Code Area: 1101

    Appraisal Valuation

  • Standard Deviation: 0.2101
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 1,162,959
  • High Value: 1,407,356
  • Low Value: 918,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $832,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 18, 2022
  • First Open Lien Mortgage Loan Amount: $832,500
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $723,510
  • Market Land Value: $178,050
  • Market Improvement Value: $545,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $241,170
  • Assessed Land Value: $59,350
  • Assessed Improvements Value: $181,820

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Transaction ID: 11880094928
  • Current Sale Price: $1,055,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18809
  • Previous Sale Recording Date: Sep 22, 2020
  • Previous Sale Contract Date: Jun 01, 2020
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 18, 2022
  • First Mortgage Loan Amount: $832,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: TOWER REAL ESTATE FUND I LLC
  • Previous Mortgage Transaction Date: Sep 22, 2020
  • Previous Mortgage Loan Amount: $357,156
  • Previous Mortgage Term: 16
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Feb 01, 2022

About Wayne



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Frequently Asked Questions

What neighborhood is 31W141 Army Trail Road located in?
The 31W141 Army Trail Road is a located in the neighborhood of Wayne in Wayne, Wayne.
What is the average sales price for listings in 31W141 Army Trail Road?
The average sales price for units in 31W141 Army Trail Road is $0 currently.

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