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1902 Rosemary Lane

1902 Rosemary Lane, Gurnee, IL 60031
Property in Pembrook
Sold May 20, 2005
$229,000
$165,000 by Diamond Residential Mortgage C
Mortgage Due Dec 01, 2050
Sold Jul 10, 1998
$156,000
$135,000 by Ctx Mtg
Mortgage Due Jul 01, 2028
1902 Rosemary Lane has been categorized by the local assessors in Gurnee, IL as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1902 Rosemary Lane has 1,600 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 13,064 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 400 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. 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, 1902 Rosemary Lane sold most recently in May 4, 2005 for a total of $229,000. If you work out the math, that's approximately a cost of $114.50 per sqft. Before that, the property was also sold for $156,000 in Jun 24, 1998. 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 $7,671 in taxes each year. 1902 Rosemary Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,473. If we break it down further, the land itself was valued at $19,767. Improvements to the property, however, were assessed at a total of $71,706. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,064
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEMBROOK UNIT 6
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PEMBROOK UNIT 6; LOT 115

Ownership

  • Current Owner : WILKERSON DAVID S
  • Current Owner 2: MCKNIGHT AMANDA G
  • Previous Owner : RAWHOOF DALE R
  • Previous Owner 2: RAWHOOF ANJANETTE M
  • Owner Before Previous Owner: FILAR THOMAS J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861505

Geography

  • District: WARREN
  • Parcel: 07-10-305-008
  • Lot: 115
  • Municipality: TWP OF WARREN
  • Latitude: 42.3878
  • Longitude: -87.939

    Address

  • Full Address: 1902 Rosemary Ln
  • Legal Unit: 6
  • Address - House Number: 1902
  • Address - Street Name: Rosemary
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C012
  • 4-Digit Zip Code: 6003
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,671
  • Tax Rate Code Area: 8042

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 308,103
  • High Value: 363,644
  • Low Value: 252,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $165,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $274,447
  • Market Land Value: $59,307
  • Market Improvement Value: $215,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,473
  • Assessed Land Value: $19,767
  • Assessed Improvements Value: $71,706

    Sales

  • Current Sale Contract Date: May 04, 2005
  • Current Sale Recording Date: May 20, 2005
  • Current Sale Transaction ID: 11459138068
  • Current Sale Price: $229,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5785684
  • Previous Sale Recording Date: Jul 10, 1998
  • Previous Sale Contract Date: Jun 24, 1998
  • Previous Sale Amount: $156,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DEERE & CO CU
  • First Mortgage Transaction Date: May 20, 2005
  • First Mortgage Loan Amount: $183,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2035
  • Second Mortgage Loan Amount: $34,350

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CTX MTG
  • Previous Mortgage Transaction Date: Jul 10, 1998
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2028

About Pembrook



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1902 Rosemary Lane located in?
The 1902 Rosemary Lane is a located in the neighborhood of Pembrook in Pembrook, Gurnee.
What is the average sales price for listings in 1902 Rosemary Lane?
The average sales price for units in 1902 Rosemary Lane is $0 currently.

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