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2611 Venetian Lane

2611 Venetian Lane, Elgin, IL 60124
House in Elgin
Sold Jul 27, 2022
$337,000
Sold Mar 26, 2021
$274,000
2611 Venetian Lane has been categorized by the local assessors in Elgin, IL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 2611 Venetian Lane has 1,570 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,120 ft and across the front of the lot is 510 ft. The area measurement of the land has been determined as 5,663 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. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Jul 14, 2022 for $337,000. That's $214.65 per sqft. Prior to that sales transaction, the property was also sold in Feb 15, 2021 for $274,000. 2611 Venetian Lane was last assessed in 2022. The total value of the property was assessed at $88,696. Specifically, the land the property is located on was valued at $26,522. While improvements on the property were assessed at a total of $62,174. 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 $6,737. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
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: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,570
  • Gross Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,570
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDGEWATER SUB
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EDGEWATER SUB PHASE I LT 25

Ownership

  • Current Owner : SCHUBERT STEVEN E
  • Current Owner 2: SCHUBERT SANDRA J
  • Previous Owner : JOHN ELLSWORTH
  • Owner Before Previous Owner: WITTENBORN CARL
  • Owner Before Previous Owner 2: WITTENBORN GAYLE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851913

Geography

  • Subdivision Phase Number: 1
  • Parcel: 06-29-280-005
  • Lot: 25
  • Municipality: ELGIN
  • Latitude: 42.0074
  • Longitude: -88.3456

    Address

  • Full Address: 2611 Venetian Ln
  • Address - House Number: 2611
  • Address - Street Name: Venetian
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: R020
  • 4-Digit Zip Code: 4326
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,737
  • Tax Rate Code Area: EL067

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 356,450
  • High Value: 411,351
  • Low Value: 301,549

    Market Valuation

  • Market Total Value: $266,194
  • Market Land Value: $79,598
  • Market Improvement Value: $186,597

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,696
  • Assessed Land Value: $26,522
  • Assessed Improvements Value: $62,174

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Transaction ID: 11893612441
  • Current Sale Price: $337,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 38212
  • Previous Sale Recording Date: Mar 26, 2021
  • Previous Sale Contract Date: Feb 15, 2021
  • Previous Sale Amount: $274,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: KANE COUNTY TEACHERS CREDIT UN
  • First Mortgage Transaction Date: Jul 27, 2022
  • First Mortgage Loan Amount: $257,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2042

About Elgin



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Nearby Rentals

Unit for rent at 400 Blackstone Avenue, Elgin, IL, 60124

$2,950 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,214 ft²
400 Blackstone Avenue, Elgin, IL, 60124 Listing by Carie Holzl

Frequently Asked Questions

What neighborhood is 2611 Venetian Lane located in?
The 2611 Venetian Lane is a house located in the neighborhood of Elgin in Elgin, Elgin.
What is the average sales price for listings in 2611 Venetian Lane?
The average sales price for units in 2611 Venetian Lane is $0 currently.

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