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1405 Cottonwood Lane

1405 Cottonwood Lane, Crystal Lake, IL 60014
Property in Crystal Vista
Sold May 25, 2004
$198,000
$161,000 by Princeton Mortgage Corp
Mortgage Due Mar 01, 2041
Sold Jun 16, 1998
$146,500
$143,150 by Crown Mtg Company
Mortgage Due Jun 01, 2028
Local assessors in Crystal Lake, IL have categorized 1405 Cottonwood Lane as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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. If we look only at the heated or air conditioned part of the building, then 1405 Cottonwood Lane has a total of 1,520 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. 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, 1405 Cottonwood Lane was last sold in May 24, 2004 for $198,000. According to our calculations, that's $103.13 per sqft. Prior to that sales transaction, the property was sold for $146,500 in May 28, 1998. Current property owners are expected to pay $7,928 in taxes per year. The property on 1405 Cottonwood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $88,389. To break that down further, the land itself was valued at $7,832. While improvements to the property were assessed at a total of $80,557. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Split level
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,520
  • 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 2021R0016796 LT 2 BLK 1 R A CEPEKS CRYSTAL VISTA SUB OF BLK 9

Ownership

  • Current Owner : MORROW BRIAN
  • Current Owner 2: PROVO LORI
  • Previous Owner : PETTERSON MARK DANIEL
  • Previous Owner 2: RYAN NANCY KAY
  • Owner Before Previous Owner: NETZEL THOMAS
  • Owner Before Previous Owner 2: NETZEL LINDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Parcel: 13-36-356-002
  • Block: 1,9
  • Lot: 2
  • Municipality: DORR TWP
  • Latitude: 42.2419
  • Longitude: -88.3733

    Address

  • Full Address: 1405 Cottonwood Ln
  • Address - House Number: 1405
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: C005
  • 4-Digit Zip Code: 4021
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,928
  • Tax Rate Code Area: 13012

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 320,815
  • High Value: 373,968
  • Low Value: 267,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,000
  • First Open Lien Mortgage Lender: PRINCETON MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $161,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2041

    Market Valuation

  • Market Total Value: $265,167
  • Market Land Value: $23,496
  • Market Improvement Value: $241,671

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,389
  • Assessed Land Value: $7,832
  • Assessed Improvements Value: $80,557

    Sales

  • Current Sale Contract Date: May 24, 2004
  • Current Sale Recording Date: May 25, 2004
  • Current Sale Transaction ID: 1147846176
  • Current Sale Price: $198,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004R0046489
  • Previous Sale Recording Date: Jun 16, 1998
  • Previous Sale Contract Date: May 28, 1998
  • Previous Sale Amount: $146,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FOCUS FINANCIAL & MORTGAGE COR
  • First Mortgage Transaction Date: May 25, 2004
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: CROWN MTG COMPANY
  • Previous Mortgage Transaction Date: Jun 16, 1998
  • Previous Mortgage Loan Amount: $143,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2028

About Crystal Lake



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1405 Cottonwood Lane located in?
The 1405 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 1405 Cottonwood Lane?
The average sales price for units in 1405 Cottonwood Lane is $0 currently.

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