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1387 Cottonwood Lane

1387 Cottonwood Lane, Crystal Lake, IL 60014
Property in Crystal Vista
Sold Apr 09, 2021
Transfer
$148,255 by United Fidelity Funding Corp
Mortgage Due May 01, 2051
Sold May 12, 2017
$149,900
$147,184 by American Financial Network Inc
Mortgage Due Jun 01, 2047
1387 Cottonwood Lane has been categorized by the local assessors in Crystal Lake, IL as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1387 Cottonwood Lane has 960 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 7,841 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 484 sqft. According to our sources, there are a total of 2 available parking spaces. 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. Prior to that sales transaction, the property was also sold in May 5, 2017 for $149,900. 1387 Cottonwood Lane was last assessed in 2022. The total value of the property was assessed at $46,210. Specifically, the land the property is located on was valued at $7,832. While improvements on the property were assessed at a total of $38,378. 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 $3,869. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,444
  • Gross Building Area: 1,444
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: R A CEPEKS CRYSTAL VISTA SUB
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOC 2021R0019626 LT 5 BLK 1 R A CEPEKS CRYSTAL VISTA SUB BLK 9

Ownership

  • Current Owner : PATLAN OMAR LEON
  • Previous Owner : LEON OMAR
  • Previous Owner 2: LEON PATLAN OMAR
  • Owner Before Previous Owner: VANVANTREECK MELISSA VAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 870906

Geography

  • Parcel: 13-36-356-005
  • Block: 1,9
  • Lot: 5
  • Municipality: DORR TWP
  • Latitude: 42.2419
  • Longitude: -88.3727

    Address

  • Full Address: 1387 Cottonwood Ln
  • Address - House Number: 1387
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: C005
  • 4-Digit Zip Code: 4019
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,869
  • Tax Rate Code Area: 13012

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 222,991
  • High Value: 263,308
  • Low Value: 182,673

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,255
  • First Open Lien Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Open Lien Mortgage Recording Date: Apr 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $148,255
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $138,630
  • Market Land Value: $23,496
  • Market Improvement Value: $115,134

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,210
  • Assessed Land Value: $7,832
  • Assessed Improvements Value: $38,378

    Sales

  • Current Sale Contract Date: Apr 05, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11830435464
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2021R0019626
  • Previous Sale Recording Date: May 12, 2017
  • Previous Sale Contract Date: May 05, 2017
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Mortgage Transaction Date: Apr 09, 2021
  • First Mortgage Loan Amount: $148,255
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • Previous Mortgage Transaction Date: May 12, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $147,184
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Crystal Lake



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Frequently Asked Questions

What neighborhood is 1387 Cottonwood Lane located in?
The 1387 Cottonwood Lane is a located in the neighborhood of Crystal Vista in Crystal Lake, Crystal Lake.
What is the average sales price for listings in 1387 Cottonwood Lane?
The average sales price for units in 1387 Cottonwood Lane is $0 currently.

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