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491 Fairview Drive

491 Fairview Drive, Manhattan, IL 60442
Property in Manhattan
Sold Mar 31, 2020
$120,000
$108,000 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2040
Sold Dec 22, 2014
$104,900
$99,655 by First Bank Of Manhattan
Mortgage Due Dec 01, 2044
491 Fairview Drive in Manhattan, IL was first built in 1988 and is 36 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 491 Fairview Drive has 1,576 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. In total, the area measurement of the land is 1,033 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 252 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Mar 24, 2020 for $120,000. That's $47.62 per sqft. Prior to that sales transaction, the property was also sold in Oct 6, 2014 for $104,900. 491 Fairview Drive was last assessed in 2022. The total value of the property was assessed at $50,700. Specifically, the land the property is located on was valued at $8,000. While improvements on the property were assessed at a total of $42,700. 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 $4,592. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 692
  • Garage Type: Attached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,033
  • Lot Size Frontage Feet: 420
  • Total Building Area: 2,520
  • Building Area: 1,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,576
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRVIEW CONDOMINIUM ASSOCIATION #2
  • Land Acres: 0.087
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 31 IN FAIRVIEW CONDOS ASSOCIATION NO. 2 OF LOT 17 IN FARIVIEW SUB, BEING A SUB OF PRT OF THE SW1/4 OF SEC. 17, T34N-R11E

Ownership

  • Current Owner : LAHEY RYAN
  • Previous Owner : STREICHER RYAN
  • Previous Owner 2: CHELLIOS STACIE
  • Owner Before Previous Owner: THE MERRILEE GALLAGHER REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Manhattan School District 114
  • Census Tract: 883509

Geography

  • Parcel: 14-12-17-309-031-1031
  • Lot: 17
  • Meridian: SEC 17 TWN 34N RNG 11E
  • Municipality: MANHATTAN
  • Latitude: 41.4313
  • Longitude: -87.9987

    Address

  • Full Address: 491 Fairview Dr
  • Legal Unit: 31
  • Address - House Number: 491
  • Address - Street Name: Fairview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Manhattan
  • Carrier Code: R001
  • 4-Digit Zip Code: 9767
  • Zip Code: 60442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,592
  • Tax Rate Code Area: 1401

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 173,972
  • High Value: 201,236
  • Low Value: 146,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 31, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $108,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2040

    Market Valuation

  • Market Total Value: $152,100
  • Market Land Value: $24,000
  • Market Improvement Value: $128,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,700
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $42,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2020
  • Current Sale Recording Date: Mar 31, 2020
  • Current Sale Transaction ID: 11754692199
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020024338
  • Previous Sale Recording Date: Dec 22, 2014
  • Previous Sale Contract Date: Oct 06, 2014
  • Previous Sale Amount: $104,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 31, 2020
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2040

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK OF MANHATTAN
  • Previous Mortgage Transaction Date: Dec 22, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $99,655
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2044

About Manhattan



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Frequently Asked Questions

What neighborhood is 491 Fairview Drive located in?
The 491 Fairview Drive is a located in the neighborhood of Manhattan in Manhattan, Manhattan.
What is the average sales price for listings in 491 Fairview Drive?
The average sales price for units in 491 Fairview Drive is $0 currently.

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