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1505 Parkview Drive

1505 Parkview Drive, Libertyville, IL 60048
Sold Jun 05, 2020
$615,000
$480,000 by Guaranteed Rate Inc
Mortgage Due May 01, 2050
Sold Oct 29, 2012
$625,000
$400,000 by Provident Mortgage Corp
Mortgage Due Nov 01, 2042
Local assessors in Libertyville, IL have categorized 1505 Parkview Drive as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 27,443 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1505 Parkview Drive has a total of 2,858 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 652 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. 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 - B. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 8, 2020 for $615,000. That's $115.38 per sqft. Prior to that sales transaction, the property was also sold in Oct 8, 2012 for $625,000. 1505 Parkview Drive was last assessed in 2023. The total value of the property was assessed at $212,699. Specifically, the land the property is located on was valued at $82,681. While improvements on the property were assessed at a total of $130,018. 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 $16,161. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,820
  • Garage Type: Attached
  • Garage Square Area: 652
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 5,330
  • Gross Building Area: 5,540
  • Building Area: 2,858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,858
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARRIAGE HILL PARK RESUB
  • Land Acres: 0.63
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARRIAGE HILL PARK RESUB; LOT 2

Ownership

  • Current Owner : FREELAND HOPE
  • Current Owner 2: THE HOPE FREELAND DECLARATION OF TRUST D
  • Previous Owner : MEYER ERIC W
  • Owner Before Previous Owner: SWEENEY PATRICIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Libertyville School District 70
  • Census Tract: 863701

Geography

  • Assessors Map Reference: 2591-D3
  • District: LIBERTYVILLE
  • Parcel: 11-09-305-008
  • Lot: 2
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2987
  • Longitude: -87.9557

    Address

  • Full Address: 1505 Parkview Dr
  • Address - House Number: 1505
  • Address - Street Name: Parkview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Libertyville
  • Carrier Code: C012
  • 4-Digit Zip Code: 3930
  • Zip Code: 60048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,161
  • Tax Rate Code Area: 11038

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 789,789
  • High Value: 924,262
  • Low Value: 655,316

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 05, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $638,161
  • Market Land Value: $248,068
  • Market Improvement Value: $390,093

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,699
  • Assessed Land Value: $82,681
  • Assessed Improvements Value: $130,018

    Sales

  • Current Sale Contract Date: Apr 08, 2020
  • Current Sale Recording Date: Jun 05, 2020
  • Current Sale Transaction ID: 11765471267
  • Current Sale Price: $615,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7661656
  • Previous Sale Recording Date: Oct 29, 2012
  • Previous Sale Contract Date: Oct 08, 2012
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 05, 2020
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 29, 2012
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Carriage Hill Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 142 E Winchester Road, Libertyville, IL, 60048

$2,250 /mo

  • 2 Beds
  • 2 Baths
  • 936 ft²
142 E Winchester Road #B, Libertyville, IL, 60048 Listing by Julia Schifrin

Frequently Asked Questions

What neighborhood is 1505 Parkview Drive located in?
The 1505 Parkview Drive is a located in the neighborhood of Carriage Hill Park in Carriage Hill Park, Libertyville.
What is the average sales price for listings in 1505 Parkview Drive?
The average sales price for units in 1505 Parkview Drive is $0 currently.

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