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2201 Oak Lane

2201 Oak Lane, Rolling Meadows, IL 60008
Property in Elk Grove
Sold Dec 29, 2020
$255,000
Sold May 22, 2020
Transfer
2201 Oak Lane in Rolling Meadows, IL was first built in 1966 and is 58 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 unknown style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2201 Oak Lane has 988 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 11,057 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. There are a total of 2 available parking spaces. 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 masonry. 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 heating system. 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, 2201 Oak Lane was last sold in Oct 27, 2020 for $255,000. According to our calculations, that's $258.10 per sqft. Current property owners are expected to pay $8,473 in taxes per year. The property on 2201 Oak Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,000. To break that down further, the land itself was valued at $8,846. While improvements to the property were assessed at a total of $20,154. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,057
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAVERLY PARK UNIT5
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WAVERLY) (PARK) (UNIT5) SUB OF PT OF SEC 8 SEC 08-41-11

Ownership

  • Current Owner : SANCHEZ LIZETTE
  • Current Owner 2: PAZ SALVADOR SANCHEZ
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: SADLIER HRASTINSKI SUSAN
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Bank Owned
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805105

Geography

  • District: 16
  • Parcel: 08-08-211-001-0000
  • Lot: 127
  • Meridian: SEC 08 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0634
  • Longitude: -88.0075

    Address

  • Full Address: 2201 Oak Ln
  • Legal Unit: 5
  • Address - House Number: 2201
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C012
  • 4-Digit Zip Code: 3437
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,473
  • Tax Rate Code Area: 16053

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 334,500
  • High Value: 410,855
  • Low Value: 258,145

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $88,460
  • Market Improvement Value: $201,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $8,846
  • Assessed Improvements Value: $20,154

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11809720633
  • Current Sale Price: $255,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2036410276
  • Previous Sale Recording Date: May 22, 2020
  • Previous Sale Contract Date: Apr 15, 2020
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $242,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

About Rolling Meadows



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Frequently Asked Questions

What neighborhood is 2201 Oak Lane located in?
The 2201 Oak Lane is a located in the neighborhood of Elk Grove in Rolling Meadows, Rolling Meadows.
What is the average sales price for listings in 2201 Oak Lane?
The average sales price for units in 2201 Oak Lane is $0 currently.

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