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18818 West Chatham Way

18818 West Chatham Way, Lake Villa, IL 60046
Property in Stratton Oaks
Sold Oct 12, 2004
$442,000
$350,000 by Pulte Mortgage Llc
Mortgage Due Oct 01, 2034
18818 West Chatham Way has been categorized by the local assessors in Lake Villa, IL as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 4 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, 18818 West Chatham Way has 3,133 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 10,180 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 690 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 B 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. 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, 18818 West Chatham Way was last sold in Sep 20, 2004 for $442,000. According to our calculations, that's $80.92 per sqft. Current property owners are expected to pay $14,457 in taxes per year. The property on 18818 West Chatham Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $131,290. To break that down further, the land itself was valued at $18,595. While improvements to the property were assessed at a total of $112,695. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,639
  • Garage Type: Attached
  • Garage Square Area: 690
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,180
  • Total Building Area: 5,462
  • Gross Building Area: 5,462
  • Building Area: 3,133
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,133
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATTON OAKS SUB
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STRATTON OAKS SUB; LOT 77

Ownership

  • Current Owner : LEE JIN K
  • Current Owner 2: LEE MIJA
  • Previous Owner : PULTE HOMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Millburn Community Consolidated School District 24
  • Census Tract: 861604

Geography

  • Assessors Map Reference: 2476-D4
  • District: WARREN
  • Parcel: 07-07-111-020
  • Lot: 77
  • Municipality: TWP OF WARREN
  • Latitude: 42.3956
  • Longitude: -88

    Address

  • Full Address: 18818 W Chatham Way
  • Address - House Number: 18818
  • Street Direction: W
  • Address - Street Name: Chatham
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R023
  • 4-Digit Zip Code: 6790
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,457
  • Tax Rate Code Area: 8139

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 476,565
  • High Value: 552,696
  • Low Value: 400,433

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: PULTE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 09, 2005
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Apr 26, 2005
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 08, 2025

    Market Valuation

  • Market Total Value: $393,910
  • Market Land Value: $55,791
  • Market Improvement Value: $338,119

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,290
  • Assessed Land Value: $18,595
  • Assessed Improvements Value: $112,695

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2004
  • Current Sale Recording Date: Oct 12, 2004
  • Current Sale Transaction ID: 11459098592
  • Current Sale Price: $442,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5661967

    Last Sale Mortgage

  • First Mortgage Lender: PULTE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 12, 2004
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Stratton Oaks



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Frequently Asked Questions

What neighborhood is 18818 West Chatham Way located in?
The 18818 West Chatham Way is a located in the neighborhood of Stratton Oaks in Stratton Oaks, Lake Villa.
What is the average sales price for listings in 18818 West Chatham Way?
The average sales price for units in 18818 West Chatham Way is $0 currently.

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