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1285 Chesterfield Lane

1285 Chesterfield Lane, Grayslake, IL 60030
Sold Mar 24, 2021
$300,000
$300,000 by Navy Fcu
Mortgage Due Dec 01, 2050
Sold Nov 20, 1998
$230,500
$195,750 by Corewest Banc
Mortgage Due Nov 01, 2028
1285 Chesterfield Lane has been categorized by the local assessors in Grayslake, IL as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1285 Chesterfield Lane has 3,078 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 21, 2020 for $300,000. That's $58.95 per sqft. Prior to that sales transaction, the property was also sold in Aug 26, 1998 for $230,500. 1285 Chesterfield Lane was last assessed in 2023. The total value of the property was assessed at $126,542. Specifically, the land the property is located on was valued at $19,216. While improvements on the property were assessed at a total of $107,326. 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 $3. 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! 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
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,527
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,560
  • Total Building Area: 5,089
  • Gross Building Area: 5,089
  • Building Area: 3,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,078
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENGLISH MEADOWS UNIT 9
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ENGLISH MEADOWS UNIT 9; LOT 538

Ownership

  • Current Owner : BROWN JOHN C
  • Current Owner 2: BROWN MERCEDES
  • Previous Owner : FAROOQUI SALEEM
  • Previous Owner 2: FAROOQUI MAHRUKH
  • Owner Before Previous Owner: THE NORTHERN TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861107

Geography

  • Assessors Map Reference: 2532-D1
  • District: AVON
  • Parcel: 06-22-106-048
  • Lot: 538
  • Municipality: TWP OF AVON
  • Latitude: 42.3653
  • Longitude: -88.0554

    Address

  • Full Address: 1285 Chesterfield Ln
  • Legal Unit: 9
  • Address - House Number: 1285
  • Address - Street Name: Chesterfield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Grayslake
  • Carrier Code: R008
  • 4-Digit Zip Code: 4200
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3
  • Tax Rate Code Area: 7013

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 446,962
  • High Value: 522,837
  • Low Value: 371,086

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Mar 24, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $379,664
  • Market Land Value: $57,654
  • Market Improvement Value: $322,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,542
  • Assessed Land Value: $19,216
  • Assessed Improvements Value: $107,326

    Sales

  • Current Sale Contract Date: Nov 21, 2020
  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Transaction ID: 11833576831
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7767280
  • Previous Sale Recording Date: Nov 20, 1998
  • Previous Sale Contract Date: Aug 26, 1998
  • Previous Sale Amount: $230,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Mar 24, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COREWEST BANC
  • Previous Mortgage Transaction Date: Nov 20, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $195,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2028

About English Meadows



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Frequently Asked Questions

What neighborhood is 1285 Chesterfield Lane located in?
The 1285 Chesterfield Lane is a house located in the neighborhood of English Meadows in English Meadows, Grayslake.
What is the average sales price for listings in 1285 Chesterfield Lane?
The average sales price for units in 1285 Chesterfield Lane is $0 currently.

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