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240 North Cornerstone Drive

240 North Cornerstone Drive, Fox Lake, IL 60020
Property in Remington Pointe
Sold Aug 13, 2015
$212,000
$199,000 by Servis One Inc
Mortgage Due Jun 01, 2042
Sold May 29, 2014
$306,000
240 North Cornerstone Drive has been categorized by the local assessors in Fox Lake, IL as a residential type of property. The building on the property was first built in 2014 and is 10 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, 240 North Cornerstone Drive has 2,052 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 5,680 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 attached garage for those who require parking. The garage measured 418 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. 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, 240 North Cornerstone Drive was last sold in Jul 31, 2015 for $212,000. According to our calculations, that's $61.17 per sqft. Prior to that sales transaction, the property was sold for $306,000 in May 20, 2014. Current property owners are expected to pay $9,428 in taxes per year. The property on 240 North Cornerstone Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $89,313. To break that down further, the land itself was valued at $10,151. While improvements to the property were assessed at a total of $79,162. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 996
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,680
  • Total Building Area: 3,466
  • Gross Building Area: 3,466
  • Building Area: 2,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,052
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REMINGTON POINTE UNIT 1
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REMINGTON POINTE UNIT 1;LOT 7

Ownership

  • Current Owner : FERRARO LINDA
  • Previous Owner : THE RYLAND GROUP INC
  • Owner Before Previous Owner: KORVAS ROBERT W
  • Owner Before Previous Owner 2: KORVAS KATHLEEN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860906

Geography

  • Assessors Map Reference: 2530-C3
  • District: GRANT
  • Parcel: 05-27-407-016
  • Lot: 7
  • Municipality: TWP OF GRANT
  • Latitude: 42.345
  • Longitude: -88.1641

    Address

  • Full Address: 240 N Cornerstone Dr
  • Legal Unit: 1
  • Address - House Number: 240
  • Street Direction: N
  • Address - Street Name: Cornerstone
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Fox Lake
  • Carrier Code: R071
  • 4-Digit Zip Code: 3401
  • Zip Code: 60020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,428
  • Tax Rate Code Area: 6057

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 357,200
  • High Value: 423,460
  • Low Value: 290,939

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,000
  • First Open Lien Mortgage Lender: SERVIS ONE INC
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $199,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2042

    Market Valuation

  • Market Total Value: $267,966
  • Market Land Value: $30,456
  • Market Improvement Value: $237,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,313
  • Assessed Land Value: $10,151
  • Assessed Improvements Value: $79,162

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2015
  • Current Sale Recording Date: Aug 13, 2015
  • Current Sale Transaction ID: 1261602377
  • Current Sale Price: $212,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 7221685
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Contract Date: May 20, 2014
  • Previous Sale Amount: $306,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GSF MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 13, 2015
  • First Mortgage Loan Amount: $208,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Remington Pointe



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Frequently Asked Questions

What neighborhood is 240 North Cornerstone Drive located in?
The 240 North Cornerstone Drive is a located in the neighborhood of Remington Pointe in Remington Pointe, Fox Lake.
What is the average sales price for listings in 240 North Cornerstone Drive?
The average sales price for units in 240 North Cornerstone Drive is $0 currently.

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