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18874 West Chatham Way

18874 West Chatham Way, Lake Villa, IL 60046
Sold Mar 11, 2021
$320,000
$304,000 by Fifth Third Bank Na
Mortgage Due Mar 01, 2051
Sold Oct 03, 2006
$459,000
$280,000 by Abn Amro Mortgage Group Inc
Mortgage Due Sep 01, 2036
Local assessors in Lake Villa, IL have categorized 18874 West Chatham Way as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 14,066 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 1,190 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 11 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 4 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 18874 West Chatham Way has a total of 3,674 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 693 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 - B. The building has a roof that is made of composition shingle. Lots of wood 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, 18874 West Chatham Way was last sold in Jan 5, 2021 for $320,000. According to our calculations, that's $51.74 per sqft. Prior to that sales transaction, the property was sold for $459,000 in Aug 30, 2006. Current property owners are expected to pay $16,105 in taxes per year. The property on 18874 West Chatham Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $160,288. To break that down further, the land itself was valued at $25,588. While improvements to the property were assessed at a total of $134,700. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • 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: 1,818
  • Garage Type: Attached
  • Garage Square Area: 693
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,066
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 6,185
  • Gross Building Area: 6,185
  • Building Area: 3,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STRATTON OAKS SUB
  • Land Acres: 0.323
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STRATTON OAKS SUB; LOT 71

Ownership

  • Current Owner : SIDDIQUI UMAIR M
  • Current Owner 2: DAWOOD SAAD M
  • Previous Owner : JENKINS JOHNNY
  • Owner Before Previous Owner: PEREZ SERGIO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: WARREN
  • Parcel: 07-07-111-014
  • Lot: 71
  • Municipality: TWP OF WARREN
  • Latitude: 42.3953
  • Longitude: -88.0018

    Address

  • Full Address: 18874 W Chatham Way
  • Address - House Number: 18874
  • 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: $16,105
  • Tax Rate Code Area: 8139

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 492,617
  • High Value: 576,531
  • Low Value: 408,703

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • First Open Lien Mortgage Recording Date: Mar 11, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $304,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $480,912
  • Market Land Value: $76,772
  • Market Improvement Value: $404,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,288
  • Assessed Land Value: $25,588
  • Assessed Improvements Value: $134,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Transaction ID: 11831489399
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7761361
  • Previous Sale Recording Date: Oct 03, 2006
  • Previous Sale Contract Date: Aug 30, 2006
  • Previous Sale Amount: $459,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NA
  • First Mortgage Transaction Date: Mar 11, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Oct 03, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Stratton Oaks



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 18874 West Chatham Way located in?
The 18874 West Chatham Way is a house located in the neighborhood of Stratton Oaks in Stratton Oaks, Lake Villa.
What is the average sales price for listings in 18874 West Chatham Way?
The average sales price for units in 18874 West Chatham Way is $325,000 , or $88/sqft. currently.

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