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1427 Carriage Lane

1427 Carriage Lane, Lake Villa, IL 60046
House in Heatherwood
Sold Nov 16, 2021
$294,000
$283,933 by Neighborhood Loans
Mortgage Due Oct 01, 2051
Sold Jan 08, 2016
$180,000
$176,739 by Neighborhood Loans
Mortgage Due Jan 01, 2046
Local assessors in Lake Villa, IL have categorized 1427 Carriage Lane as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 7,057 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1427 Carriage Lane has a total of 1,540 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. The home sources its water from a municipal system. 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. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1427 Carriage Lane was last sold in Sep 15, 2021 for $294,000. According to our calculations, that's $151.55 per sqft. Prior to that sales transaction, the property was sold for $180,000 in Dec 9, 2015. Current property owners are expected to pay $8,038 in taxes per year. The property on 1427 Carriage Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $79,953. To break that down further, the land itself was valued at $13,691. While improvements to the property were assessed at a total of $66,262. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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 Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,057
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,940
  • Gross Building Area: 1,940
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HEATHERWOOD SUB
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HEATHERWOOD SUB; LOT 40

Ownership

  • Current Owner : MACULAN MATTHEW
  • Previous Owner : MARTINEZ PATRICIA J
  • Previous Owner 2: MARTINEZ PEDRO IVAN
  • Owner Before Previous Owner: CHRISTOPHER MARY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861202

Geography

  • District: AVON
  • Parcel: 06-15-303-021
  • Lot: 40
  • Municipality: TWP OF AVON
  • Latitude: 42.3737
  • Longitude: -88.0597

    Address

  • Full Address: 1427 Carriage Ln
  • Address - House Number: 1427
  • Address - Street Name: Carriage
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R015
  • 4-Digit Zip Code: 7018
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,038
  • Tax Rate Code Area: 7063

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 309,252
  • High Value: 362,349
  • Low Value: 256,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,933
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Nov 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $283,933
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $239,883
  • Market Land Value: $41,077
  • Market Improvement Value: $198,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,953
  • Assessed Land Value: $13,691
  • Assessed Improvements Value: $66,262

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Transaction ID: 11869098704
  • Current Sale Price: $294,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7844888
  • Previous Sale Recording Date: Jan 08, 2016
  • Previous Sale Contract Date: Dec 09, 2015
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Nov 16, 2021
  • First Mortgage Loan Amount: $283,933
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEIGHBORHOOD LOANS
  • Previous Mortgage Transaction Date: Jan 08, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $176,739
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2046

About Heatherwood



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Frequently Asked Questions

What neighborhood is 1427 Carriage Lane located in?
The 1427 Carriage Lane is a house located in the neighborhood of Heatherwood in Heatherwood, Lake Villa.
What is the average sales price for listings in 1427 Carriage Lane?
The average sales price for units in 1427 Carriage Lane is $0 currently.

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