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102 East Grand Avenue

102 East Grand Avenue, Lake Villa, IL 60046
Property in Lake Villa
Sold May 18, 2004
$172,000
$137,600 by First Midwest Bank
Mortgage Due May 01, 2034
Sold Feb 09, 2000
Transfer
Va
Buyer
Seller
Local assessors in Lake Villa, IL have categorized 102 East Grand Avenue as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 8,002 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a 2 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 102 East Grand Avenue has a total of 1,296 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace 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, 102 East Grand Avenue sold most recently in Apr 23, 2004 for a total of $172,000. If you work out the math, that's approximately a cost of $79.63 per sqft. 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 $6,169 in taxes each year. 102 East Grand Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,437. If we break it down further, the land itself was valued at $11,401. Improvements to the property, however, were assessed at a total of $50,036. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 864
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE FOWLER SUB
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE FOWLER SUB LOT 7 BLOCK 4

Ownership

  • Current Owner : DERUE MARK A
  • Current Owner 2: DERUE MAIJA J
  • Previous Owner : MEYERS ERIC
  • Previous Owner 2: MEYERS GLORIA
  • Owner Before Previous Owner: SMITH

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 861012

Geography

  • Assessors Map Reference: 2475-A1
  • District: LAKE VILLA
  • Parcel: 02-33-307-023
  • Block: 4
  • Lot: 7
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4157
  • Longitude: -88.0798

    Address

  • Full Address: 102 E Grand Ave
  • Address - House Number: 102
  • Street Direction: E
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R010
  • 4-Digit Zip Code: 7827
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,169
  • Tax Rate Code Area: 5159

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 244,364
  • High Value: 288,732
  • Low Value: 199,996

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $154,112
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: May 18, 2004
  • First Open Lien Mortgage Loan Amount: $137,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2034
  • Second Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • Second Open Lien Mortgage Recording Date: Aug 03, 2011
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $16,512
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $184,329
  • Market Land Value: $34,206
  • Market Improvement Value: $150,123

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,437
  • Assessed Land Value: $11,401
  • Assessed Improvements Value: $50,036

    Sales

  • Current Sale Contract Date: Apr 23, 2004
  • Current Sale Recording Date: May 18, 2004
  • Current Sale Transaction ID: 11459061536
  • Current Sale Price: $172,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5561532
  • Previous Sale Recording Date: Feb 09, 2000
  • Previous Sale Contract Date: Jan 19, 2000
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: May 18, 2004
  • First Mortgage Loan Amount: $137,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2034
  • Second Mortgage Loan Amount: $17,200

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Frequently Asked Questions

What neighborhood is 102 East Grand Avenue located in?
The 102 East Grand Avenue is a located in the neighborhood of Lake Villa in Lake Villa, Lake Villa.
What is the average sales price for listings in 102 East Grand Avenue?
The average sales price for units in 102 East Grand Avenue is $0 currently.

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