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1418 Cheriton Circle

1418 Cheriton Circle, Grayslake, IL 60030
Property in Chesapeake Farms
Sold Aug 28, 2006
$290,000
$218,600 by Baxter Cu
Mortgage Due Mar 01, 2042
Sold Dec 09, 1998
Transfer
$145,000 by Bank Of America
Mortgage Due Sep 01, 2028
1418 Cheriton Circle has been categorized by the local assessors in Grayslake, IL as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1418 Cheriton Circle has 1,808 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 6,765 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 441 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. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1418 Cheriton Circle sold most recently in Aug 15, 2006 for a total of $290,000. If you work out the math, that's approximately a cost of $92.06 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,219 in taxes each year. The initial year of tax delinquency occurred in 2021. 1418 Cheriton Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,637. If we break it down further, the land itself was valued at $16,263. Improvements to the property, however, were assessed at a total of $75,374. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 901
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,765
  • Total Building Area: 3,150
  • Gross Building Area: 3,150
  • Building Area: 1,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHESAPEAKE FARMS UNIT ELEVEN
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHESAPEAKE FARMS UNIT ELEVEN; LOT 820

Ownership

  • Current Owner : OTTAVIANO ELLYN L
  • Current Owner 2: OTTAVIANO CARMIE L
  • Previous Owner : HARMON CHRISTOPHER M
  • Previous Owner 2: HARMON LAUREL D
  • Owner Before Previous Owner: STANDARD BANK & TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: AVON
  • Parcel: 06-23-112-024
  • Lot: 820
  • Municipality: TWP OF AVON
  • Latitude: 42.3678
  • Longitude: -88.0398

    Address

  • Full Address: 1418 Cheriton Cir
  • Legal Unit: 11
  • Address - House Number: 1418
  • Address - Street Name: Cheriton
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Grayslake
  • Carrier Code: C018
  • 4-Digit Zip Code: 7922
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,219
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 7013

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 359,692
  • High Value: 416,604
  • Low Value: 302,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,600
  • First Open Lien Mortgage Lender: BAXTER CU
  • First Open Lien Mortgage Recording Date: Feb 27, 2012
  • First Open Lien Mortgage Loan Amount: $218,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Market Valuation

  • Market Total Value: $274,939
  • Market Land Value: $48,794
  • Market Improvement Value: $226,145

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,637
  • Assessed Land Value: $16,263
  • Assessed Improvements Value: $75,374

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2006
  • Current Sale Recording Date: Aug 28, 2006
  • Current Sale Transaction ID: 11459232739
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6049376
  • Previous Sale Recording Date: Dec 09, 1998
  • Previous Sale Contract Date: Aug 03, 1998
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAXTER CU
  • First Mortgage Transaction Date: Aug 28, 2006
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Sep 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Dec 09, 1998
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2028

About Chesapeake Farms



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Frequently Asked Questions

What neighborhood is 1418 Cheriton Circle located in?
The 1418 Cheriton Circle is a located in the neighborhood of Chesapeake Farms in Chesapeake Farms, Grayslake.
What is the average sales price for listings in 1418 Cheriton Circle?
The average sales price for units in 1418 Cheriton Circle is $0 currently.

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