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1388 Cottonwood Lane

1388 Cottonwood Lane, Crystal Lake, IL 60014
Sold May 01, 2020
$185,000
$181,649 by First Centennial Mortgage Corp
Mortgage Due May 01, 2050
Sold Nov 23, 2009
$163,000
$160,047 by Woodfield Planning Corp
Mortgage Due Dec 01, 2039
1388 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 1975 and is 49 years old. The home has a total of 6 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, 1388 Cottonwood Lane has 1,444 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 352 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

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 400 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. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1388 Cottonwood Lane was last sold in Apr 30, 2020 for $185,000. According to our calculations, that's $100.33 per sqft. Prior to that sales transaction, the property was sold for $163,000 in Nov 20, 2009. Current property owners are expected to pay $5,999 in taxes per year. The property on 1388 Cottonwood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $68,349. To break that down further, the land itself was valued at $7,832. While improvements to the property were assessed at a total of $60,517. 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. 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.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.

Building Features

Exterior

Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 352
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,844
  • Gross Building Area: 1,844
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,444
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

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 2020R0015284 LT 21 BLK 2 R A CEPEKS CRYSTAL VISTA SUB OF BLK 9 MEMO: KOPP, ADAM J/EMILY A/KAHL, ARTHUR E JR

Ownership

  • Current Owner : KOPP ADAM J
  • Current Owner 2: KOPP EMILY A
  • Previous Owner : WEBER RANDALL
  • Previous Owner 2: WEBER STACY
  • Owner Before Previous Owner: IMES TOBY L
  • Owner Before Previous Owner 2: IMES GINGER L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 13-36-355-021
  • Block: 2,9
  • Lot: 21
  • Municipality: DORR TWP
  • Latitude: 42.2424
  • Longitude: -88.3727

    Address

  • Full Address: 1388 Cottonwood Ln
  • Address - House Number: 1388
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: C005
  • 4-Digit Zip Code: 4020
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,999
  • Tax Rate Code Area: 13012

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 291,345
  • High Value: 335,343
  • Low Value: 247,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,649
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 01, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $181,649
  • 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, 2050

    Market Valuation

  • Market Total Value: $205,047
  • Market Land Value: $23,496
  • Market Improvement Value: $181,551

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,349
  • Assessed Land Value: $7,832
  • Assessed Improvements Value: $60,517

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Transaction ID: 11760014785
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0015284
  • Previous Sale Recording Date: Nov 23, 2009
  • Previous Sale Contract Date: Nov 20, 2009
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: May 01, 2020
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WOODFIELD PLANNING CORP
  • Previous Mortgage Transaction Date: Nov 23, 2009
  • Previous Mortgage Loan Amount: $160,047
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2039

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Frequently Asked Questions

What neighborhood is 1388 Cottonwood Lane located in?
The 1388 Cottonwood Lane is a house located in the neighborhood of Crystal Vista in Crystal Lake, Crystal Lake.
What is the average sales price for listings in 1388 Cottonwood Lane?
The average sales price for units in 1388 Cottonwood Lane is $0 currently.

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