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1 Lyn Lane

1 Lyn Lane, Barrington, IL 60010
Sold Jul 29, 2020
$675,000
Sold Sep 12, 2017
$630,000
$500,000 by Midwest Equity Mortgage Llc
Mortgage Due Oct 01, 2047
1 Lyn Lane in Barrington, IL was first built in 1990 and is 34 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 contemporary style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1 Lyn Lane has 4,580 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 217,800 square feet.

Learn more about the property and building on this page. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Jul 28, 2020 for $675,000. That's $147.38 per sqft. Prior to that sales transaction, the property was also sold in Aug 28, 2017 for $630,000. 1 Lyn Lane was last assessed in 2022. The total value of the property was assessed at $261,752. Specifically, the land the property is located on was valued at $100,585. While improvements on the property were assessed at a total of $161,167. 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 $20,993. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Exterior

Cedar Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Style: Contemporary
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,141
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 4,580
  • Building Area: 4,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,580
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINTREE OF BARRINGTON HILLS SUB
  • Land Acres: 5
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2020R0031800 LT 2 RAINTREE OF BARRINGTON HILLS SUB

Ownership

  • Current Owner : JENNINGS WILLIAM
  • Previous Owner : ACKERMANN KEVIN F
  • Previous Owner 2: ACKERMANNH SARAH N
  • Owner Before Previous Owner: SCHUBERT MIRYANA M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 871402

Geography

  • Parcel: 20-19-351-005
  • Block: 351
  • Lot: 2
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1855
  • Longitude: -88.236

    Address

  • Full Address: 1 Lyn Ln
  • Address - House Number: 1
  • Address - Street Name: Lyn
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Barrington
  • Carrier Code: R007
  • 4-Digit Zip Code: 4777
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,993
  • Tax Rate Code Area: 20015

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 875,288
  • High Value: 1,009,350
  • Low Value: 741,227

    Market Valuation

  • Market Total Value: $785,256
  • Market Land Value: $301,755
  • Market Improvement Value: $483,501

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $261,752
  • Assessed Land Value: $100,585
  • Assessed Improvements Value: $161,167

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Transaction ID: 11775866254
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0028882
  • Previous Sale Recording Date: Sep 12, 2017
  • Previous Sale Contract Date: Aug 28, 2017
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAXURY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 29, 2020
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 12, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Spring Creek



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300 Opatrny Drive #121, Fox River Grove, IL, 60021 Listing by Kasia Conway

Frequently Asked Questions

What neighborhood is 1 Lyn Lane located in?
The 1 Lyn Lane is a house located in the neighborhood of Spring Creek in Spring Creek, Barrington.
What is the average sales price for listings in 1 Lyn Lane?
The average sales price for units in 1 Lyn Lane is $0 currently.

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