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132 Mainsail Drive

132 Mainsail Drive, Grayslake, IL 60030
Property in Mariner's Cove
Sold May 11, 2021
$470,000
$376,000 by American Pacific Mortgage Corp
Mortgage Due May 01, 2036
Sold May 15, 2018
$410,000
$389,500 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2033
132 Mainsail Drive in Grayslake, IL was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 132 Mainsail Drive has 2,419 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 16,509 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 484 sqft. 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 alum/vinyl siding. 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 forced air unit. 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. The property was last sold in Mar 30, 2021 for $470,000. That's $112.90 per sqft. Prior to that sales transaction, the property was also sold in May 4, 2018 for $410,000. 132 Mainsail Drive was last assessed in 2023. The total value of the property was assessed at $147,912. Specifically, the land the property is located on was valued at $31,578. While improvements on the property were assessed at a total of $116,334. 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 $15,182. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • 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: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,260
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,509
  • Total Building Area: 4,163
  • Gross Building Area: 4,163
  • Building Area: 2,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARINERS COVE UNIT 2
  • Land Acres: 0.379
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARINERS COVE UNIT 2; LOT 108

Ownership

  • Current Owner : NEDDENREIP GRETCHEN
  • Current Owner 2: BONNOT VALDEMAR
  • Previous Owner : JACKSON CHAD E
  • Previous Owner 2: COX CATHERINE M
  • Owner Before Previous Owner: KOTULLA WENDY M
  • Owner Before Previous Owner 2: RIETH LORI K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861106

Geography

  • District: AVON
  • Parcel: 06-24-204-014
  • Lot: 108
  • Municipality: TWP OF AVON
  • Latitude: 42.3644
  • Longitude: -88.0052

    Address

  • Full Address: 132 Mainsail Dr
  • Legal Unit: 2
  • Address - House Number: 132
  • Address - Street Name: Mainsail
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Third Lake
  • Carrier Code: C008
  • 4-Digit Zip Code: 2604
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,182
  • Tax Rate Code Area: 7087

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 532,245
  • High Value: 621,237
  • Low Value: 443,254

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $426,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $376,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK, NA
  • Second Open Lien Mortgage Recording Date: Mar 13, 2024
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 25, 2054

    Market Valuation

  • Market Total Value: $443,780
  • Market Land Value: $94,743
  • Market Improvement Value: $349,037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,912
  • Assessed Land Value: $31,578
  • Assessed Improvements Value: $116,334

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11839849578
  • Current Sale Price: $470,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7786360
  • Previous Sale Recording Date: May 15, 2018
  • Previous Sale Contract Date: May 04, 2018
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $376,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: May 15, 2018
  • Previous Mortgage Loan Amount: $389,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2033

About Mariner's Cove



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Frequently Asked Questions

What neighborhood is 132 Mainsail Drive located in?
The 132 Mainsail Drive is a located in the neighborhood of Mariner's Cove in Mariner's Cove, Grayslake.
What is the average sales price for listings in 132 Mainsail Drive?
The average sales price for units in 132 Mainsail Drive is $0 currently.

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