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22356 West Timberlea Lane

22356 West Timberlea Lane, Lake Zurich, IL 60047
22356 West Timberlea Lane has been categorized by the local assessors in Lake Zurich, IL as a type of property. The building on the property was first built in 1987 and is 39 years old. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 200 stories. In addition, 22356 West Timberlea Lane has 4,649 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 111,082 square feet.

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 for those who require parking. The garage measured 796 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a and a . Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The inside of the home is being cooled with at the moment. 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, 22356 West Timberlea Lane sold most recently in Nov 11, 2019 for a total of $1,050,000. If you work out the math, that's approximately a cost of $120.55 per sqft. Before that, the property was also sold for $1,025,000 in May 13, 2013. 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 $2,679,762 in taxes each year. 22356 West Timberlea Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $323,604. If we break it down further, the land itself was valued at $54,545. Improvements to the property, however, were assessed at a total of $269,059. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20190715
07/15/2019
6 Bed
6 Bath
8109 ft²
$1,179,000
bedrooms
6 Bed
bathrooms
6 Bath
square feet
8109 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 3,265
  • Garage Type: 1
  • Garage Square Area: 796
  • Parking Space Count: 3
  • Patio Type: 69
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 111,082
  • Total Building Area: 8,710
  • Gross Building Area: 10,510
  • Building Area: 4,649
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 4,649
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BISHOPS RIDGE UNIT 2 SUB
  • Land Acres: 0000002550
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: BISHOPS RIDGE UNIT 2 SUB; LOT 55 & PT LOT 54 BEG NW C OR, NE ALG NELY LOT LN 368.01, SE 205.76, SW 29.12, NW 44 7.45 TO SW COR, NE ALG CURVE 44.91=R 43.87=M TO POB

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864410

Geography

  • District: ELA
  • Parcel: 14-28-206-034
  • Lot: 55,54
  • Municipality: TWP OF ELA
  • Latitude: 42.1775
  • Longitude: -88.0691

    Address

  • Full Address: 22356 W Timberlea Ln
  • Legal Unit: 2
  • Address - House Number: 22356
  • Street Direction: W
  • Address - Street Name: Timberlea
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Kildeer
  • Carrier Code: R017
  • 4-Digit Zip Code: 2916
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,679,762
  • Tax Rate Code Area: 15063

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 1,235,359
  • High Value: 1,443,530
  • Low Value: 1,027,188

    Market Valuation

  • Market Total Value: $970,909
  • Market Land Value: $163,651
  • Market Improvement Value: $807,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,604
  • Assessed Land Value: $54,545
  • Assessed Improvements Value: $269,059

    Sales

  • Current Sale Contract Date: Nov 11, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7613089
  • Previous Sale Recording Date: May 31, 2013
  • Previous Sale Contract Date: May 13, 2013
  • Previous Sale Amount: $1,025,000
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 22356 West Timberlea Lane located in?
The 22356 West Timberlea Lane is a house located in the neighborhood of Bishop's Ridge in Bishop's Ridge, Lake Zurich.
What is the average sales price for listings in 22356 West Timberlea Lane?
The average sales price for units in 22356 West Timberlea Lane is $0 currently.