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27500 North Meadowoods Lane

27500 North Meadowoods Lane, Libertyville, IL 60048
Sold Nov 04, 2020
$937,500
$991,970 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2050
27500 North Meadowoods Lane in Libertyville, IL was first built in 1983 and is 41 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. 27500 North Meadowoods Lane has 4,436 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 194,278 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 981 sqft. There are a total of 4 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. 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, 27500 North Meadowoods Lane was last sold in Sep 23, 2020 for $937,500. According to our calculations, that's $119.02 per sqft. Current property owners are expected to pay $17,767 in taxes per year. The property on 27500 North Meadowoods Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $376,903. To break that down further, the land itself was valued at $163,035. While improvements to the property were assessed at a total of $213,868. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,460
  • Garage Type: Attached
  • Garage Square Area: 981
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 194,278
  • Total Building Area: 7,877
  • Gross Building Area: 7,877
  • Building Area: 4,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE FOREST MEADOWS RESUB
  • Land Acres: 4.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE FOREST MEADOWS RESUB; LOT 22

Ownership

  • Current Owner : THOMAS STEVEN E
  • Current Owner 2: BRADLEY ASHLEY M
  • Previous Owner : LEONARD ELIZABETH J
  • Previous Owner 2: ELIZABETH J LEONARD REVOCABLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Libertyville Community High School District 128
  • Census Tract: 866200

Geography

  • Assessors Map Reference: 2648-C1
  • District: LIBERTYVILLE
  • Parcel: 11-26-301-043
  • Lot: 22
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2612
  • Longitude: -87.918

    Address

  • Full Address: 27500 N Meadowoods Ln
  • Address - House Number: 27500
  • Street Direction: N
  • Address - Street Name: Meadowoods
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Libertyville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9779
  • Zip Code: 60048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,767
  • Tax Rate Code Area: 11091

    Appraisal Valuation

  • Standard Deviation: 0.1527
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 1,094,829
  • High Value: 1,262,067
  • Low Value: 927,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $991,970
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $991,970
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $1,130,822
  • Market Land Value: $489,154
  • Market Improvement Value: $641,668

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,903
  • Assessed Land Value: $163,035
  • Assessed Improvements Value: $213,868

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Transaction ID: 11803559949
  • Current Sale Price: $937,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7712197

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 04, 2020
  • First Mortgage Loan Amount: $991,970
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lake Forest Meadows



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Frequently Asked Questions

What neighborhood is 27500 North Meadowoods Lane located in?
The 27500 North Meadowoods Lane is a located in the neighborhood of Lake Forest Meadows in Lake Forest Meadows, Libertyville.
What is the average sales price for listings in 27500 North Meadowoods Lane?
The average sales price for units in 27500 North Meadowoods Lane is $0 currently.

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