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2327 Meadows Lane

2327 Meadows Lane, Round Lake, IL 60073
Property in Foxchase
Sold Mar 07, 2003
Transfer
$171,200 by Nationstar Mortgage Llc
Mortgage Due Mar 01, 2052
Sold Mar 30, 1994
$86,333
$128,544 by Bank United Of Texas
Mortgage Due Apr 01, 2024
Local assessors in Round Lake, IL have categorized 2327 Meadows Lane as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 4,356 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2327 Meadows Lane has a total of 1,704 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 460 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $86,333 in Feb 21, 1994. Current property owners are expected to pay $7,867 in taxes per year. The property on 2327 Meadows Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $65,831. To break that down further, the land itself was valued at $10,829. While improvements to the property were assessed at a total of $55,002. 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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,164
  • Gross Building Area: 2,164
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOXCHASE UNIT 2
  • Land Acres: 0.1
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: FOXCHASE UNIT 2; LOT 606 PER COC #3202364

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : GROSS
  • Owner Before Previous Owner: NORTHERN TRUST BANK LAKE FOREST NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861014

Geography

  • Assessors Map Reference: 2475-D4
  • District: LAKE VILLA
  • Parcel: 06-10-311-020
  • Lot: 606
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.3903
  • Longitude: -88.0576

    Address

  • Full Address: 2327 Meadows Ln
  • Legal Unit: 2
  • Address - House Number: 2327
  • Address - Street Name: Meadows
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Round Lake Beach
  • Carrier Code: R001
  • 4-Digit Zip Code: 4114
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,867
  • Tax Rate Code Area: 5163

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 264,258
  • High Value: 306,474
  • Low Value: 222,043

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,200
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 11, 2022
  • First Open Lien Mortgage Loan Amount: $171,200
  • 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, 2052

    Market Valuation

  • Market Total Value: $197,513
  • Market Land Value: $32,490
  • Market Improvement Value: $165,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,831
  • Assessed Land Value: $10,829
  • Assessed Improvements Value: $55,002

    Sales

  • Current Sale Contract Date: Feb 24, 2003
  • Current Sale Recording Date: Mar 07, 2003
  • Current Sale Transaction ID: 1087468385
  • Current Sale Document Type: Legal Action/Court Order
  • Current Sale Input Document Number: 5144844
  • Previous Sale Recording Date: Mar 30, 1994
  • Previous Sale Contract Date: Feb 21, 1994
  • Previous Sale Amount: $86,333
  • Previous Sale Document Type: Joint Tenancy Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK UNITED OF TEXAS
  • Previous Mortgage Transaction Date: Mar 30, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $128,544
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2024

About Foxchase



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Frequently Asked Questions

What neighborhood is 2327 Meadows Lane located in?
The 2327 Meadows Lane is a located in the neighborhood of Foxchase in Foxchase, Round Lake.
What is the average sales price for listings in 2327 Meadows Lane?
The average sales price for units in 2327 Meadows Lane is $0 currently.

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