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1181 Hilary Lane

1181 Hilary Lane, Highland Park, IL 60035
Property in Moraine
Sold Oct 15, 2020
$830,000
$664,000 by The Northern Trust Co
Mortgage Due Oct 01, 2050
Sold Oct 13, 2015
$76,000
Local assessors in Highland Park, IL have categorized 1181 Hilary Lane as a residential type of property. The home was built in 1996 and is 28 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 9,248 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional 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, 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 3 full bathrooms. There are also 4 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 1181 Hilary Lane has a total of 3,271 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 attached garage for those who need a place to park their vehicle. The garage on the property is 693 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 - A. 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, 1181 Hilary Lane sold most recently in Sep 30, 2020 for a total of $830,000. If you work out the math, that's approximately a cost of $166.47 per sqft. Before that, the property was also sold for $76,000 in Sep 28, 2015. 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 $19,960 in taxes each year. 1181 Hilary Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $193,243. If we break it down further, the land itself was valued at $41,423. Improvements to the property, however, were assessed at a total of $151,820. 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: 1996
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,022
  • Garage Type: Attached
  • Garage Square Area: 693
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,248
  • Total Building Area: 4,986
  • Gross Building Area: 4,986
  • Building Area: 3,271
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND LAKES
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND LAKES; LOT 7

Ownership

  • Current Owner : PATZIK BENJAMIN M
  • Current Owner 2: PATZIK EMILY B
  • Previous Owner : ETMAN ALEXANDER
  • Previous Owner 2: THE ALEXANDER ETMAN TRUST
  • Owner Before Previous Owner: ABELES RANDY D
  • Owner Before Previous Owner 2: ABELES PEGGY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • Assessors Map Reference: 2704-C5
  • District: MORAINE
  • Parcel: 16-22-418-009
  • Lot: 7
  • Municipality: TWP OF MORAINE
  • Latitude: 42.1842
  • Longitude: -87.8157

    Address

  • Full Address: 1181 Hilary Ln
  • Address - House Number: 1181
  • Address - Street Name: Hilary
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Highland Park
  • Carrier Code: C045
  • 4-Digit Zip Code: 2334
  • Zip Code: 60035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,960
  • Tax Rate Code Area: 18004

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 948,106
  • High Value: 1,109,984
  • Low Value: 786,229

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $664,000
  • First Open Lien Mortgage Lender: THE NORTHERN TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 15, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $664,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $579,787
  • Market Land Value: $124,281
  • Market Improvement Value: $455,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,243
  • Assessed Land Value: $41,423
  • Assessed Improvements Value: $151,820

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11795244201
  • Current Sale Price: $830,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7705355
  • Previous Sale Recording Date: Oct 13, 2015
  • Previous Sale Contract Date: Sep 28, 2015
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE NORTHERN TRUST CO
  • First Mortgage Transaction Date: Oct 15, 2020
  • First Mortgage Loan Amount: $664,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

About Highland Park



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Frequently Asked Questions

What neighborhood is 1181 Hilary Lane located in?
The 1181 Hilary Lane is a located in the neighborhood of Moraine in Highland Park, Highland Park.
What is the average sales price for listings in 1181 Hilary Lane?
The average sales price for units in 1181 Hilary Lane is $0 currently.

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