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1962 Sprucewood Lane

1962 Sprucewood Lane, Gurnee, IL 60031
Property in Pembrook
Refi Oct 08, 2020
Transfer
$138,000 by Quicken Loans Llc
Mortgage Due Jun 01, 2035
1962 Sprucewood 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 1986 and is 38 years old. 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, 1962 Sprucewood Lane has 1,872 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 8,777 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 380 sqft. According to our sources, there is one available parking space. 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 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. 1962 Sprucewood Lane was last assessed in 2023. The total value of the property was assessed at $99,801. Specifically, the land the property is located on was valued at $13,283. While improvements on the property were assessed at a total of $86,518. 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 $8,539. 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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 Type: Unspecified basement
  • Basement Area: 936
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,777
  • Total Building Area: 3,188
  • Gross Building Area: 3,188
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEMBROOK UNIT 4-B
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PEMBROOK UNIT 4-B; LOT 41

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 2478-A5
  • District: WARREN
  • Parcel: 07-10-407-008
  • Lot: 41
  • Municipality: TWP OF WARREN
  • Latitude: 42.3876
  • Longitude: -87.9329

    Address

  • Full Address: 1962 Sprucewood Ln
  • Legal Unit: 4-B
  • Address - House Number: 1962
  • Address - Street Name: Sprucewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Gurnee
  • Carrier Code: C011
  • 4-Digit Zip Code: 1793
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,539
  • Tax Rate Code Area: 8042

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 363,466
  • High Value: 421,530
  • Low Value: 305,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Loan Amount: $138,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2035

    Market Valuation

  • Market Total Value: $299,433
  • Market Land Value: $39,853
  • Market Improvement Value: $259,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,801
  • Assessed Land Value: $13,283
  • Assessed Improvements Value: $86,518

    Exemptions

  • Homeowner Exemption: Yes

About Pembrook



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Frequently Asked Questions

What neighborhood is 1962 Sprucewood Lane located in?
The 1962 Sprucewood Lane is a located in the neighborhood of Pembrook in Pembrook, Gurnee.
What is the average sales price for listings in 1962 Sprucewood Lane?
The average sales price for units in 1962 Sprucewood Lane is $0 currently.

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