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2446 Emily Lane

2446 Emily Lane, Elgin, IL 60124
Property in Elgin
Sold Sep 29, 2020
$200,000
$196,275 by American Pacific Mortgage Corp
Mortgage Due Jul 01, 2050
Sold Oct 26, 2005
$236,500
$189,060 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2035
Local assessors in Elgin, IL have categorized 2446 Emily Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 1,914 square feet. The linear feet between the front and back of the lot was measured at 580 ft and the front of the lot was measured at 330 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2446 Emily Lane has a total of 1,626 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. 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. Residents rely on air conditioning for their cooling system. The property was last sold in Jun 9, 2020 for $200,000. That's $82.00 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 2005 for $236,500. 2446 Emily Lane was last assessed in 2022. The total value of the property was assessed at $66,667. Specifically, the land the property is located on was valued at $16,278. While improvements on the property were assessed at a total of $50,389. 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 $5,261. 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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 813
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,914
  • Lot Size Depth Feet: 580
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,439
  • Gross Building Area: 2,439
  • Building Area: 1,626
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE RESERVE
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE RESERVE LOT 31 AS DESC IN DOC 2005K129098

Ownership

  • Current Owner : ARMSTRONG MARTELL V
  • Previous Owner : STEVENS TIMOTHY
  • Owner Before Previous Owner: PULTE HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851912

Geography

  • Parcel: 06-29-476-099
  • Lot: 31
  • Municipality: ELGIN
  • Latitude: 42.0007
  • Longitude: -88.3447

    Address

  • Full Address: 2446 Emily Ln
  • Address - House Number: 2446
  • Address - Street Name: Emily
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: R030
  • 4-Digit Zip Code: 8743
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,261
  • Tax Rate Code Area: EL062

    Appraisal Valuation

  • Standard Deviation: 0.1469
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 279,408
  • High Value: 320,465
  • Low Value: 238,351

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,275
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 29, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $196,275
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $200,081
  • Market Land Value: $48,854
  • Market Improvement Value: $151,227

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,667
  • Assessed Land Value: $16,278
  • Assessed Improvements Value: $50,389

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Transaction ID: 11788723778
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020K056959
  • Previous Sale Recording Date: Oct 26, 2005
  • Previous Sale Contract Date: Sep 22, 2005
  • Previous Sale Amount: $236,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 29, 2020
  • First Mortgage Loan Amount: $196,275
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 26, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $189,060
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Elgin



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Frequently Asked Questions

What neighborhood is 2446 Emily Lane located in?
The 2446 Emily Lane is a located in the neighborhood of Elgin in Elgin, Elgin.
What is the average sales price for listings in 2446 Emily Lane?
The average sales price for units in 2446 Emily Lane is $0 currently.

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