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2428 Lexington Drive

2428 Lexington Drive, Lake Zurich, IL 60047
Sold Feb 22, 2024
$592,500
$562,875 by Guaranteed Rate, Inc.
Mortgage Due Mar 01, 2054
Sold May 23, 1994
$372,000
$100,000 by Douglas Svgs Bank
Mortgage Due Jun 01, 2024
2428 Lexington Drive has been categorized by the local assessors in Lake Zurich, IL as a residential type of property. The building on the property was first built in 1975 and is 49 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2428 Lexington Drive has 2,520 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 42,615 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 820 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 27, 2024 for $592,500. That's $134.32 per sqft. Prior to that sales transaction, the property was also sold in May 10, 1994 for $372,000. 2428 Lexington Drive was last assessed in 2023. The total value of the property was assessed at $176,091. Specifically, the land the property is located on was valued at $52,695. While improvements on the property were assessed at a total of $123,396. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $13,998. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,071
  • Garage Type: Attached
  • Garage Square Area: 820
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 42,615
  • Total Building Area: 4,411
  • Gross Building Area: 4,411
  • Building Area: 2,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONG GROVE COUNTRY CLUB ESTATES UNIT 2
  • Land Acres: 0.978
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LONG GROVE COUNTRY CLUB ESTATES UNIT 2 LOT 52

Ownership

  • Current Owner : MCDOWELL JEFFREY JAMES
  • Current Owner 2: MCDOWELL SARAH
  • Previous Owner : BIRGIN SAMUEL JAMES
  • Previous Owner 2: BIRGIN ANNA RACHELLE
  • Owner Before Previous Owner: PARKWAY BANK & TRUST COMPANY
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864403

Geography

  • Assessors Map Reference: 2700-C7
  • District: ELA
  • Parcel: 14-36-204-002
  • Lot: 52
  • Municipality: TWP OF ELA
  • Latitude: 42.1654
  • Longitude: -88.0134

    Address

  • Full Address: 2428 Lexington Dr
  • Legal Unit: 2
  • Address - House Number: 2428
  • Address - Street Name: Lexington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Long Grove
  • Carrier Code: R002
  • 4-Digit Zip Code: 5010
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,998
  • Tax Rate Code Area: 15028

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 639,960
  • High Value: 697,618
  • Low Value: 582,303

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $562,875
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Feb 22, 2024
  • First Open Lien Mortgage Loan Amount: $562,875
  • 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: $528,326
  • Market Land Value: $158,101
  • Market Improvement Value: $370,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,091
  • Assessed Land Value: $52,695
  • Assessed Improvements Value: $123,396

    Sales

  • Current Sale Contract Date: Jan 27, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Transaction ID: 11921288725
  • Current Sale Price: $592,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8020954
  • Previous Sale Recording Date: May 23, 1994
  • Previous Sale Contract Date: May 10, 1994
  • Previous Sale Amount: $372,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Feb 22, 2024
  • First Mortgage Loan Amount: $562,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: DOUGLAS SVGS BANK
  • Previous Mortgage Transaction Date: May 23, 1994
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2024

About Long Grove Country Club Estates



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Frequently Asked Questions

What neighborhood is 2428 Lexington Drive located in?
The 2428 Lexington Drive is a located in the neighborhood of Long Grove Country Club Estates in Long Grove Country Club Estates, Lake Zurich.
What is the average sales price for listings in 2428 Lexington Drive?
The average sales price for units in 2428 Lexington Drive is $0 currently.

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