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1348 Conrad Lane

1348 Conrad Lane, Lake Zurich, IL 60047
Sold Jun 01, 2021
$818,000
$1,500,000 by Live Oak Banking Company
Mortgage Due Mar 17, 2047
Sold Oct 09, 2007
$871,000
$550,000 by Ing Bank Fsb
Mortgage Due Oct 01, 2037
1348 Conrad Lane has been categorized by the local assessors in Lake Zurich, IL as a residential type of property. The building on the property was first built in 2007 and is 17 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1348 Conrad Lane has 4,689 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 12,066 square feet.

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 640 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 19, 2021 for $818,000. That's $105.82 per sqft. Prior to that sales transaction, the property was also sold in Sep 28, 2007 for $871,000. 1348 Conrad Lane was last assessed in 2023. The total value of the property was assessed at $286,237. Specifically, the land the property is located on was valued at $49,210. While improvements on the property were assessed at a total of $237,027. 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 $25,196. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,401
  • Garage Type: Attached
  • Garage Square Area: 640
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,066
  • Total Building Area: 7,730
  • Gross Building Area: 7,730
  • Building Area: 4,689
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,689
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COVENTRY CREEK ESTATES SUB
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COVENTRY CREEK ESTATES SUB; LOT 12

Ownership

  • Current Owner : DJOKIC RADOVAN
  • Current Owner 2: DJOKIC GORDANA
  • Previous Owner : HU JIE
  • Previous Owner 2: YING LEILEI
  • Owner Before Previous Owner: LAKE ZURICH ONE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864410

Geography

  • Assessors Map Reference: 2699-C3
  • District: ELA
  • Parcel: 14-22-107-003
  • Lot: 12
  • Municipality: TWP OF ELA
  • Latitude: 42.194
  • Longitude: -88.0602

    Address

  • Full Address: 1348 Conrad Ln
  • Address - House Number: 1348
  • Address - Street Name: Conrad
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Zurich
  • Carrier Code: R023
  • 4-Digit Zip Code: 8460
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,196
  • Tax Rate Code Area: 15152

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 990,631
  • High Value: 1,157,563
  • Low Value: 823,699

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: LIVE OAK BANKING COMPANY
  • First Open Lien Mortgage Recording Date: Mar 17, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 17, 2047

    Market Valuation

  • Market Total Value: $858,797
  • Market Land Value: $147,645
  • Market Improvement Value: $711,152

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,237
  • Assessed Land Value: $49,210
  • Assessed Improvements Value: $237,027

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11843587924
  • Current Sale Price: $818,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7793901
  • Previous Sale Recording Date: Oct 09, 2007
  • Previous Sale Contract Date: Sep 28, 2007
  • Previous Sale Amount: $871,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ING BANK FSB
  • Previous Mortgage Transaction Date: Oct 09, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2037

About Coventry Creek Estates



Similar Buildings

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Frequently Asked Questions

What neighborhood is 1348 Conrad Lane located in?
The 1348 Conrad Lane is a located in the neighborhood of Coventry Creek Estates in Coventry Creek Estates, Lake Zurich.
What is the average sales price for listings in 1348 Conrad Lane?
The average sales price for units in 1348 Conrad Lane is $0 currently.

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