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2804 Oriole Lane

2804 Oriole Lane, Rolling Meadows, IL 60008
House in Palatine
Sold May 04, 2023
$435,000
$239,250 by Mutual Of Omaha Mortgage, Inc.
Mortgage Due May 01, 2053
Sold Jan 11, 2018
$320,000
$314,204 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2048
2804 Oriole Lane has been categorized by the local assessors in Rolling Meadows, IL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2804 Oriole Lane has 2,485 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 1,200 ft and across the front of the lot is 830 ft. The area measurement of the land has been determined as 10,020 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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. Moving on to the building itself. The condition of the building has been evaluated as average. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2804 Oriole Lane sold most recently in Apr 20, 2023 for a total of $435,000. If you work out the math, that's approximately a cost of $175.05 per sqft. Before that, the property was also sold for $320,000 in Jan 4, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,975 in taxes each year. 2804 Oriole Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,000. If we break it down further, the land itself was valued at $5,511. Improvements to the property, however, were assessed at a total of $28,489. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,020
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 830
  • Total Building Area: 2,485
  • Gross Building Area: 2,485
  • Building Area: 2,485
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,485
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLLING MEADOWS UNIT1
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ROLLING)(MEADOWS)(UNIT1) SUB OF PT NH SEC 36 & PT SH SEC 25-42-10

Ownership

  • Current Owner : GARCIA MARIO
  • Current Owner 2: GARCIA JESSICA
  • Previous Owner : PORTALATIN MARCOS
  • Previous Owner 2: PORTALATIN JARLATH
  • Owner Before Previous Owner: AJROJA TAIR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803902

Geography

  • District: 29
  • Parcel: 02-36-206-003-0000
  • Lot: 185
  • Meridian: SEC 25 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0798
  • Longitude: -88.01

    Address

  • Full Address: 2804 Oriole Ln
  • Legal Unit: 1
  • Address - House Number: 2804
  • Address - Street Name: Oriole
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C027
  • 4-Digit Zip Code: 1763
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,975
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 454,034
  • High Value: 555,548
  • Low Value: 352,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $239,250
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: May 04, 2023
  • First Open Lien Mortgage Loan Amount: $239,250
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $55,110
  • Market Improvement Value: $284,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $5,511
  • Assessed Improvements Value: $28,489

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: May 04, 2023
  • Current Sale Transaction ID: 11906086908
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 45033
  • Previous Sale Recording Date: Jan 11, 2018
  • Previous Sale Contract Date: Jan 04, 2018
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE, INC.
  • First Mortgage Transaction Date: May 04, 2023
  • First Mortgage Loan Amount: $239,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jan 11, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $314,204
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2048

About Rolling Meadows



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Frequently Asked Questions

What neighborhood is 2804 Oriole Lane located in?
The 2804 Oriole Lane is a house located in the neighborhood of Palatine in Rolling Meadows, Rolling Meadows.
What is the average sales price for listings in 2804 Oriole Lane?
The average sales price for units in 2804 Oriole Lane is $0 currently.

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