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21281 West Honey Lane

21281 West Honey Lane, Lake Villa, IL 60046
Property in Lake Villa
Sold Feb 22, 2024
$300,000
$270,000 by Wintrust Mortgage
Mortgage Due Mar 01, 2054
Sold May 27, 2020
$228,000
$205,200 by Usaa Fsb
Mortgage Due Jun 01, 2050
21281 West Honey Lane in Lake Villa, IL was first built in 2020 and is 4 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a raised ranch style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 21281 West Honey Lane has 1,218 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,453 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 546 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 21281 West Honey Lane was last sold in Jan 19, 2024 for $300,000. According to our calculations, that's $170.07 per sqft. Prior to that sales transaction, the property was sold for $228,000 in Apr 29, 2020. Current property owners are expected to pay $5,614 in taxes per year. The property on 21281 West Honey Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $86,097. To break that down further, the land itself was valued at $2,936. While improvements to the property were assessed at a total of $83,161. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 546
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,453
  • Total Building Area: 1,764
  • Gross Building Area: 1,764
  • Building Area: 1,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,218
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENETIAN VILLAGE UNIT NO. 8
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENETIAN VILLAGE UNIT NO. 8 LOT 8 BLOCK 92

Ownership

  • Current Owner : HEATH SARAH M
  • Previous Owner : CHRISTIAN ROBERTA M
  • Owner Before Previous Owner: JACK STEVEN CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Grayslake Community High School District 127
  • Census Tract: 861014

Geography

  • Assessors Map Reference: 2475-D3
  • District: LAKE VILLA
  • Parcel: 06-10-216-008
  • Block: 92
  • Lot: 8
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.396
  • Longitude: -88.0488

    Address

  • Full Address: 21281 W Honey Ln
  • Legal Unit: 8
  • Address - House Number: 21281
  • Street Direction: W
  • Address - Street Name: Honey
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R003
  • 4-Digit Zip Code: 9413
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,614
  • Tax Rate Code Area: 5014

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 279,612
  • High Value: 324,280
  • Low Value: 234,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 22, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $270,000
  • 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, 2054

    Market Valuation

  • Market Total Value: $258,317
  • Market Land Value: $8,809
  • Market Improvement Value: $249,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,097
  • Assessed Land Value: $2,936
  • Assessed Improvements Value: $83,161

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Transaction ID: 11921273032
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8021041
  • Previous Sale Recording Date: May 27, 2020
  • Previous Sale Contract Date: Apr 29, 2020
  • Previous Sale Amount: $228,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Feb 22, 2024
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: May 27, 2020
  • Previous Mortgage Loan Amount: $205,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

About Venetian Village



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Frequently Asked Questions

What neighborhood is 21281 West Honey Lane located in?
The 21281 West Honey Lane is a located in the neighborhood of Lake Villa in Venetian Village, Lake Villa.
What is the average sales price for listings in 21281 West Honey Lane?
The average sales price for units in 21281 West Honey Lane is $0 currently.

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