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1024 Horizon Ridge

1024 Horizon Ridge, Lake In The Hills, IL 60156
Sold Jun 03, 2020
$159,500
$154,715 by Crosscountry Mortgage Llc
Mortgage Due May 01, 2050
Sold Nov 05, 2012
$85,000
1024 Horizon Ridge in Lake In The Hills, IL was first built in 1997 and is 27 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1024 Horizon Ridge has 1,295 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 240 ft and the linear feet between the front and back of the lot is 940. In total, the area measurement of the land is 2,264 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1024 Horizon Ridge was last sold in May 1, 2020 for $159,500. According to our calculations, that's $123.17 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Oct 15, 2012. Current property owners are expected to pay $4,250 in taxes per year. The property on 1024 Horizon Ridge was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $54,497. To break that down further, the land itself was valued at $13,322. While improvements to the property were assessed at a total of $41,175. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,264
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 240
  • Total Building Area: 1,295
  • Building Area: 1,295
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,295
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REMINGTON FARM
  • Land Acres: 0.52
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2020R0019634 LT 5-4 REMINGTON FARMS (UNRECORDED)

Ownership

  • Current Owner : TOSIC NEMANJA
  • Previous Owner : LITH SERIES OF THE BUNZITY LLC
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871205

Geography

  • Parcel: 19-21-331-029
  • Block: 331
  • Lot: 5
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1866
  • Longitude: -88.3094

    Address

  • Full Address: 1024 Horizon Rdg
  • Address - House Number: 1024
  • Address - Street Name: Horizon
  • Address - Suffix Type: Rdg
  • State: IL
  • City Name: Lake In The Hills
  • Carrier Code: R006
  • 4-Digit Zip Code: 6129
  • Zip Code: 60156

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,250
  • Tax Rate Code Area: 19118

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 231,114
  • High Value: 272,103
  • Low Value: 190,125

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,715
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 03, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $154,715
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $163,491
  • Market Land Value: $39,966
  • Market Improvement Value: $123,525

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,497
  • Assessed Land Value: $13,322
  • Assessed Improvements Value: $41,175

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Transaction ID: 11764221224
  • Current Sale Price: $159,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0019634
  • Previous Sale Recording Date: Nov 05, 2012
  • Previous Sale Contract Date: Oct 15, 2012
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 03, 2020
  • First Mortgage Loan Amount: $154,715
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Remington Farms Ridge



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,750 /mo

  • 2 Beds
  • 1.5 Baths
Listing by North Star Condos

Frequently Asked Questions

What neighborhood is 1024 Horizon Ridge located in?
The 1024 Horizon Ridge is a townhouse located in the neighborhood of Remington Farms Ridge in Remington Farms Ridge, Lake In The Hills.
What is the average sales price for listings in 1024 Horizon Ridge?
The average sales price for units in 1024 Horizon Ridge is $0 currently.

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