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1315 Adams Street

1315 Adams Street, Lake In The Hills, IL 60156
Sold Jan 06, 2021
$241,000
$233,673 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2051
Sold Nov 04, 2016
$199,900
$189,905 by Lifestone Mortgage Corp
Mortgage Due Dec 01, 2046
Local assessors in Lake In The Hills, IL have categorized 1315 Adams Street as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 7,800 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch 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, 3 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 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1315 Adams Street has a total of 1,766 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. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 1315 Adams Street sold most recently in Dec 22, 2020 for a total of $241,000. If you work out the math, that's approximately a cost of $99.83 per sqft. Before that, the property was also sold for $199,900 in Oct 20, 2016. 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 $6,820 in taxes each year. 1315 Adams Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $76,168. If we break it down further, the land itself was valued at $7,525. Improvements to the property, however, were assessed at a total of $68,643. 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. 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. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Raised Ranch
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,188
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,414
  • Building Area: 1,766
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,766
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE IN THE HILLS ESTATES
  • Land Acres: 0.179
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0000961 LT 18 BLK 11 LAKE IN THE HILLS ESTATES UNIT 9

Ownership

  • Current Owner : EDWARDS ZACHARY
  • Current Owner 2: EDWARDS ERIKA
  • Previous Owner : GONZALEZ MIGUEL
  • Previous Owner 2: CIBULKA ANGELA R
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPNAY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 871209

Geography

  • Parcel: 19-20-153-016
  • Block: 11
  • Lot: 18
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1917
  • Longitude: -88.3318

    Address

  • Full Address: 1315 Adams St
  • Legal Unit: 9
  • Address - House Number: 1315
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lake In The Hills
  • Carrier Code: R004
  • 4-Digit Zip Code: 1041
  • Zip Code: 60156

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,820
  • Tax Rate Code Area: 19020

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 310,851
  • High Value: 361,451
  • Low Value: 260,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,673
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jan 06, 2021
  • First Open Lien Mortgage Loan Amount: $233,673
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $228,504
  • Market Land Value: $22,575
  • Market Improvement Value: $205,929

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,168
  • Assessed Land Value: $7,525
  • Assessed Improvements Value: $68,643

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Jan 06, 2021
  • Current Sale Transaction ID: 11810766329
  • Current Sale Price: $241,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0000961
  • Previous Sale Recording Date: Nov 04, 2016
  • Previous Sale Contract Date: Oct 20, 2016
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jan 06, 2021
  • First Mortgage Loan Amount: $233,673
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LIFESTONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 04, 2016
  • Previous Mortgage Loan Amount: $189,905
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Lake In The Hills Estates



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Frequently Asked Questions

What neighborhood is 1315 Adams Street located in?
The 1315 Adams Street is a located in the neighborhood of Lake In The Hills Estates in Lake In The Hills Estates, Lake In The Hills.
What is the average sales price for listings in 1315 Adams Street?
The average sales price for units in 1315 Adams Street is $0 currently.

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