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1031 Cherry Lane

1031 Cherry Lane, Highland Park, IL 60035
Property in Moraine
Sold Dec 08, 2023
$590,000
$442,500 by Guaranteed Rate, Inc.
Mortgage Due Jan 01, 2054
Sold May 04, 2021
$475,000
$399,000 by Home Point Financial Corporati
Mortgage Due May 01, 2051
1031 Cherry Lane in Highland Park, IL was first built in 1964 and is 60 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 tri-level style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1031 Cherry Lane has 1,312 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 7,636 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a detached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. 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 quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. 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 central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 27, 2023 for $590,000. That's $449.70 per sqft. Prior to that sales transaction, the property was also sold in Apr 9, 2021 for $475,000. 1031 Cherry Lane was last assessed in 2023. The total value of the property was assessed at $132,838. Specifically, the land the property is located on was valued at $46,552. While improvements on the property were assessed at a total of $86,286. 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 $11,423. The initial tax year of delinquency was in 2021. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Tri-level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,636
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J.S.HOVLANDS 1ST ADD
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J.S.HOVLANDS 1ST ADD TO HIGHLAND PARK LOT 11

Ownership

  • Current Owner : FOX BENNETT
  • Current Owner 2: FOX STEPHANIE
  • Previous Owner : VANDERWEST KENNA D
  • Previous Owner 2: VANDERWEST JASON B
  • Owner Before Previous Owner: QUARTZ PROPERTIES LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 865400

Geography

  • Assessors Map Reference: 2704-C4
  • District: MORAINE
  • Parcel: 16-22-401-011
  • Lot: 11
  • Municipality: TWP OF MORAINE
  • Latitude: 42.1881
  • Longitude: -87.8144

    Address

  • Full Address: 1031 Cherry Ln
  • Address - House Number: 1031
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Highland Park
  • Carrier Code: C048
  • 4-Digit Zip Code: 2313
  • Zip Code: 60035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,423
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 18004

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 562,041
  • High Value: 612,678
  • Low Value: 511,404

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Dec 08, 2023
  • First Open Lien Mortgage Loan Amount: $442,500
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $398,554
  • Market Land Value: $139,670
  • Market Improvement Value: $258,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,838
  • Assessed Land Value: $46,552
  • Assessed Improvements Value: $86,286

    Sales

  • Current Sale Contract Date: Nov 27, 2023
  • Current Sale Recording Date: Dec 08, 2023
  • Current Sale Transaction ID: 11917565520
  • Current Sale Price: $590,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8009494
  • Previous Sale Recording Date: May 04, 2021
  • Previous Sale Contract Date: Apr 09, 2021
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Dec 08, 2023
  • First Mortgage Loan Amount: $442,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • Previous Mortgage Transaction Date: May 04, 2021
  • Previous Mortgage Loan Amount: $399,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

About Highland Park



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Unit for rent at 440 Green Bay Road, Highwood, IL, 60040

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 796 ft²
440 Green Bay Road #612, Highwood, IL, 60040 Listing by Benyamin Lalez

Frequently Asked Questions

What neighborhood is 1031 Cherry Lane located in?
The 1031 Cherry Lane is a located in the neighborhood of Moraine in Highland Park, Highland Park.
What is the average sales price for listings in 1031 Cherry Lane?
The average sales price for units in 1031 Cherry Lane is $0 currently.

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