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243 Colonial Drive

243 Colonial Drive, Vernon Hills, IL 60061
Property in Beaver Creek
Sold Jul 01, 2004
$676,500
$470,000 by Quicken Loans Llc
Mortgage Due Apr 01, 2051
243 Colonial Drive in Vernon Hills, IL was first built in 2004 and is 20 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 243 Colonial Drive has 3,512 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 12,632 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 609 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 28, 2004 for $676,500. That's $112.81 per sqft. 243 Colonial Drive was last assessed in 2023. The total value of the property was assessed at $232,977. Specifically, the land the property is located on was valued at $56,180. While improvements on the property were assessed at a total of $176,797. 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 $18,397. The initial tax year of delinquency was in 2021. 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. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,876
  • Garage Type: Attached
  • Garage Square Area: 609
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 5,997
  • Gross Building Area: 5,997
  • Building Area: 3,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUGUSTA GREEN RESUBD
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AUGUSTA GREEN RESUBDIVISION: LOT 69

Ownership

  • Current Owner : YAO HAITAO
  • Current Owner 2: HUANG LISA
  • Previous Owner : KB HOME ILLINOIS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Libertyville Community High School District 128
  • Census Tract: 863904

Geography

  • Assessors Map Reference: 2647-D1
  • District: LIBERTYVILLE
  • Parcel: 11-28-303-005
  • Lot: 69
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2616
  • Longitude: -87.9576

    Address

  • Full Address: 243 Colonial Dr
  • Address - House Number: 243
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Vernon Hills
  • Carrier Code: R009
  • 4-Digit Zip Code: 3818
  • Zip Code: 60061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,397
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 11012

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 834,266
  • High Value: 909,430
  • Low Value: 759,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $470,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $699,001
  • Market Land Value: $168,557
  • Market Improvement Value: $530,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,977
  • Assessed Land Value: $56,180
  • Assessed Improvements Value: $176,797

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2004
  • Current Sale Recording Date: Jul 01, 2004
  • Current Sale Transaction ID: 11459072384
  • Current Sale Price: $676,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5593563

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 01, 2004
  • First Mortgage Loan Amount: $473,298
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 243 Colonial Drive located in?
The 243 Colonial Drive is a located in the neighborhood of Beaver Creek in Beaver Creek, Vernon Hills.
What is the average sales price for listings in 243 Colonial Drive?
The average sales price for units in 243 Colonial Drive is $0 currently.

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