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17875 West Big Oaks Road

17875 West Big Oaks Road, Grayslake, IL 60030
Sold May 01, 2017
$201,000
$191,350 by The Federal Savings Bank
Mortgage Due Aug 01, 2051
Sold Apr 08, 2004
$219,500
$100,000 by Wells Fargo Home Mortgage Inc
Mortgage Due Apr 01, 2019
17875 West Big Oaks Road 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 1954 and is 70 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 17875 West Big Oaks Road has 1,320 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 10,799 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 detached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying 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 wood 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. The property was last sold in Mar 15, 2017 for $201,000. That's $100.90 per sqft. Prior to that sales transaction, the property was also sold in Mar 26, 2004 for $219,500. 17875 West Big Oaks Road was last assessed in 2023. The total value of the property was assessed at $82,720. Specifically, the land the property is located on was valued at $13,679. While improvements on the property were assessed at a total of $69,041. 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 $6,679. 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! 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 1,992
  • Gross Building Area: 2,040
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILDWOOD ON GAGES LAKEUNIT NO.4
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILDWOOD ON GAGES LAKEUNIT NO.4 LOT 7 BLOCK 28

Ownership

  • Current Owner : KAPHEIM SOLANGE A
  • Previous Owner : RICHARDT CARL M
  • Previous Owner 2: CARL M RICHARDT REVOCABLE TRUS
  • Owner Before Previous Owner: EDWARDS ARLAN
  • Owner Before Previous Owner 2: EDWARDS CAROLYN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861608

Geography

  • District: WARREN
  • Parcel: 07-29-307-011
  • Block: 28
  • Lot: 7
  • Municipality: TWP OF WARREN
  • Latitude: 42.344
  • Longitude: -87.9809

    Address

  • Full Address: 17875 W Big Oaks Rd
  • Legal Unit: 4
  • Address - House Number: 17875
  • Street Direction: W
  • Address - Street Name: Big Oaks
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Grayslake
  • Carrier Code: C019
  • 4-Digit Zip Code: 2023
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,679
  • Tax Rate Code Area: 8068

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 302,272
  • High Value: 356,954
  • Low Value: 247,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,350
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $191,350
  • 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, 2051

    Market Valuation

  • Market Total Value: $248,185
  • Market Land Value: $41,041
  • Market Improvement Value: $207,144

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,720
  • Assessed Land Value: $13,679
  • Assessed Improvements Value: $69,041

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2017
  • Current Sale Recording Date: May 01, 2017
  • Current Sale Transaction ID: 1812255822
  • Current Sale Price: $201,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7390751
  • Previous Sale Recording Date: Apr 08, 2004
  • Previous Sale Contract Date: Mar 26, 2004
  • Previous Sale Amount: $219,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: May 01, 2017
  • First Mortgage Loan Amount: $197,359
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 08, 2004
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2019

About Wildwood on Gages Lake



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Frequently Asked Questions

What neighborhood is 17875 West Big Oaks Road located in?
The 17875 West Big Oaks Road is a located in the neighborhood of Wildwood on Gages Lake in Wildwood on Gages Lake, Grayslake.
What is the average sales price for listings in 17875 West Big Oaks Road?
The average sales price for units in 17875 West Big Oaks Road is $0 currently.

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