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1678 Lakeland Lane

1678 Lakeland Lane, Hampshire, IL 60140
Property in Rutland
Sold Aug 18, 2020
$285,000
$270,750 by The Huntington National Bank
Mortgage Due Aug 01, 2050
Sold Jun 29, 2017
$276,500
$253,050 by Dhi Mortgage Company Ltd
Mortgage Due Jul 01, 2047
This has been categorized as a residential property type. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. 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, 1678 Lakeland Lane sold most recently in Jul 8, 2020 for a total of $285,000. Before that, the property was also sold for $276,500 in Jun 12, 2017. 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 $8,595 in taxes each year. 1678 Lakeland Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $96,965. If we break it down further, the land itself was valued at $25,661. Improvements to the property, however, were assessed at a total of $71,304. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE LAKES
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMBRIDGE LAKES UNIT 24 LT 1357

Ownership

  • Current Owner : KUMAR KIRAN T
  • Current Owner 2: KUMAR SUMAN
  • Previous Owner : TOTA KAMESWARI
  • Previous Owner 2: REDDY RAVINDER
  • Owner Before Previous Owner: DRH CAMBRIDGE HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850710

Geography

  • Parcel: 02-29-395-001
  • Lot: 1357
  • Municipality: RUTLAND
  • Latitude: 42.0823
  • Longitude: -88.4459

    Address

  • Full Address: 1678 Lakeland Ln
  • Legal Unit: 24
  • Address - House Number: 1678
  • Address - Street Name: Lakeland
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Pingree Grove
  • Carrier Code: R012
  • 4-Digit Zip Code: 2123
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,595
  • Tax Rate Code Area: RU086

    Appraisal Valuation

  • Standard Deviation: 0.1413
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 386,514
  • High Value: 441,152
  • Low Value: 331,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,750
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 18, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $270,750
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $291,011
  • Market Land Value: $77,014
  • Market Improvement Value: $213,998

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,965
  • Assessed Land Value: $25,661
  • Assessed Improvements Value: $71,304

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Transaction ID: 11779780279
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020K046434
  • Previous Sale Recording Date: Jun 29, 2017
  • Previous Sale Contract Date: Jun 12, 2017
  • Previous Sale Amount: $276,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Aug 18, 2020
  • First Mortgage Loan Amount: $270,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Jun 29, 2017
  • Previous Mortgage Loan Amount: $253,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Pingree Grove



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1678 Lakeland Lane located in?
The 1678 Lakeland Lane is a located in the neighborhood of Rutland in Pingree Grove, Hampshire.
What is the average sales price for listings in 1678 Lakeland Lane?
The average sales price for units in 1678 Lakeland Lane is $0 currently.

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