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1306 Dancing Bear Lane

1306 Dancing Bear Lane, Elgin, IL 60120
Property in Southeast Elgin
Sold Jun 19, 2020
$217,000
$173,600 by Loan Cabin Inc
Mortgage Due Jun 01, 2050
1306 Dancing Bear Lane in Elgin, IL was first built in 2004 and is 20 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 modern style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1306 Dancing Bear Lane has 1,625 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 2,250 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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 heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1306 Dancing Bear Lane was last sold in May 1, 2020 for $217,000. According to our calculations, that's $133.54 per sqft. Current property owners are expected to pay $7,134 in taxes per year. The property on 1306 Dancing Bear Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,501. To break that down further, the land itself was valued at $3,501. While improvements to the property were assessed at a total of $22,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,250
  • Total Building Area: 1,625
  • Gross Building Area: 1,625
  • Building Area: 1,625
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,625
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND MDWS NORTH
  • Land Acres: 0.052
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : MARASIGAN SHERYLL
  • Previous Owner : BUSBOOM MARK
  • Previous Owner 2: MALLOY JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804404

Geography

  • District: 18
  • Parcel: 06-08-302-049-0000
  • Lot: 4
  • Municipality: HANOVER
  • Latitude: 42.0462
  • Longitude: -88.2398

    Address

  • Full Address: 1306 Dancing Bear Ln
  • Address - House Number: 1306
  • Address - Street Name: Dancing Bear
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: R054
  • 4-Digit Zip Code: 9209
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,134
  • Tax Rate Code Area: 18029

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 303,687
  • High Value: 378,957
  • Low Value: 228,416

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,600
  • First Open Lien Mortgage Lender: LOAN CABIN INC
  • First Open Lien Mortgage Recording Date: Jun 19, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $173,600
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $255,010
  • Market Land Value: $35,010
  • Market Improvement Value: $220,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,501
  • Assessed Land Value: $3,501
  • Assessed Improvements Value: $22,000

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Transaction ID: 11769254544
  • Current Sale Price: $217,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017107159

    Last Sale Mortgage

  • First Mortgage Lender: LOAN CABIN INC
  • First Mortgage Transaction Date: Jun 19, 2020
  • First Mortgage Loan Amount: $173,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southeast Elgin



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Frequently Asked Questions

What neighborhood is 1306 Dancing Bear Lane located in?
The 1306 Dancing Bear Lane is a located in the neighborhood of Southeast Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 1306 Dancing Bear Lane?
The average sales price for units in 1306 Dancing Bear Lane is $0 currently.

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