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1211 North Lancaster Circle

1211 North Lancaster Circle, South Elgin, IL 60177
Property in Elgin
Sold Mar 13, 2024
$410,000
$402,573 by Open Mortgage, Llc
Mortgage Due Apr 01, 2054
Sold Jul 17, 1996
$180,000
$30,000 by Principal Residential Mtg Inc
Mortgage Due Aug 01, 2026
1211 North Lancaster Circle in South Elgin, IL was first built in 1995 and is 29 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1211 North Lancaster Circle has 1,874 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 8,712 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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. 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, 1211 North Lancaster Circle sold most recently in Mar 4, 2024 for a total of $410,000. If you work out the math, that's approximately a cost of $149.04 per sqft. Before that, the property was also sold for $180,000 in Jul 8, 1996. 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 $7,581 in taxes each year. 1211 North Lancaster Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $99,090. If we break it down further, the land itself was valued at $23,326. Improvements to the property, however, were assessed at a total of $75,764. 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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 877
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,751
  • Gross Building Area: 2,751
  • Building Area: 1,874
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,874
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUGAR RIDGE
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUGAR RIDGE UNIT 2 LOT 515

Ownership

  • Current Owner : DEROSA MICHAEL
  • Current Owner 2: NOVELLO GINA
  • Previous Owner : KNIGHT DONALD G
  • Previous Owner 2: KNIGHT JILL A
  • Owner Before Previous Owner: AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851801

Geography

  • Parcel: 06-34-377-002
  • Lot: 515
  • Municipality: ELGIN
  • Latitude: 41.9875
  • Longitude: -88.3155

    Address

  • Full Address: 1211 N Lancaster Cir
  • Legal Unit: 2
  • Address - House Number: 1211
  • Street Direction: N
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: South Elgin
  • Carrier Code: R058
  • 4-Digit Zip Code: 2709
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,581
  • Tax Rate Code Area: EL012

    Appraisal Valuation

  • Standard Deviation: 0.0873
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 405,732
  • High Value: 441,181
  • Low Value: 370,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,573
  • First Open Lien Mortgage Lender: OPEN MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Mar 13, 2024
  • First Open Lien Mortgage Loan Amount: $402,573
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $297,389
  • Market Land Value: $70,006
  • Market Improvement Value: $227,383

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,090
  • Assessed Land Value: $23,326
  • Assessed Improvements Value: $75,764

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Transaction ID: 11922432211
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8231
  • Previous Sale Recording Date: Jul 17, 1996
  • Previous Sale Contract Date: Jul 08, 1996
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: OPEN MORTGAGE, LLC
  • First Mortgage Transaction Date: Mar 13, 2024
  • First Mortgage Loan Amount: $402,573
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: PRINCIPAL RESIDENTIAL MTG INC
  • Previous Mortgage Transaction Date: Jul 17, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $30,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2026

About South Elgin



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Frequently Asked Questions

What neighborhood is 1211 North Lancaster Circle located in?
The 1211 North Lancaster Circle is a located in the neighborhood of Elgin in South Elgin, South Elgin.
What is the average sales price for listings in 1211 North Lancaster Circle?
The average sales price for units in 1211 North Lancaster Circle is $0 currently.

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