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1120 Laurel Lane

1120 Laurel Lane, Naperville, IL 60540
Property in West Highlands
Sold Jun 15, 2021
$849,000
$679,200 by Proper Rate Llc
Mortgage Due Jul 01, 2051
Sold Jun 06, 2006
$1,221,500
$721,500 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2036
Local assessors in Naperville, IL have categorized 1120 Laurel Lane as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 10,890 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 16 rooms in the home. Of these, 4 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 are 4 full bathrooms. There are also 5 partial bathrooms. 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 1120 Laurel Lane has a total of 5,896 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,998 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 705 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 19, 2021 for $849,000. That's $132.78 per sqft. Prior to that sales transaction, the property was also sold in May 22, 2006 for $1,221,500. 1120 Laurel Lane was last assessed in 2022. The total value of the property was assessed at $313,380. Specifically, the land the property is located on was valued at $94,250. While improvements on the property were assessed at a total of $219,130. 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 $19,893. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Brick Exterior
Cedar Siding
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Style: Unknown
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,998
  • Garage Type: Garage
  • Garage Square Area: 705
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 6,394
  • Gross Building Area: 6,394
  • Building Area: 5,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOSER HIGHLANDS
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MOSER HIGHLANDS UNIT 12

Ownership

  • Current Owner : FESEMYER MATTHEW
  • Current Owner 2: FESEMYER KALYN
  • Previous Owner : MCMAHON MICHAEL
  • Previous Owner 2: MCMAHON MARGARET
  • Owner Before Previous Owner: UNLIMITED OPTIONS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Naperville Community Unit District 203
  • School Tax School District: DISTRICT 203
  • Census Tract: 846206

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3203-D1
  • Parcel: 08-30-108-011
  • Block: 4
  • Lot: 11
  • Municipality: LISLE
  • Latitude: 41.7529
  • Longitude: -88.1438

    Address

  • Full Address: 1120 Laurel Ln
  • Legal Unit: 12
  • Address - House Number: 1120
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Naperville
  • Carrier Code: C016
  • 4-Digit Zip Code: 7835
  • Zip Code: 60540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,893
  • Tax Rate Code Area: 8043

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 1,091,952
  • High Value: 1,275,601
  • Low Value: 908,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $679,200
  • First Open Lien Mortgage Lender: PROPER RATE LLC
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $679,200
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $940,140
  • Market Land Value: $282,750
  • Market Improvement Value: $657,390

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $313,380
  • Assessed Land Value: $94,250
  • Assessed Improvements Value: $219,130

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11840590503
  • Current Sale Price: $849,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-091604
  • Previous Sale Recording Date: Jun 06, 2006
  • Previous Sale Contract Date: May 22, 2006
  • Previous Sale Amount: $1,221,500
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROPER RATE LLC
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $679,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 06, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $721,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2036

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Frequently Asked Questions

What neighborhood is 1120 Laurel Lane located in?
The 1120 Laurel Lane is a located in the neighborhood of West Highlands in West Highlands, Naperville.
What is the average sales price for listings in 1120 Laurel Lane?
The average sales price for units in 1120 Laurel Lane is $0 currently.

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