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2888 Falling Waters Drive

2888 Falling Waters Drive, Lake Villa, IL 60046
Townhouse in Falling Waters
2888 Falling Waters Drive in Lake Villa, IL was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2888 Falling Waters Drive has 1,891 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 36 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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. 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, 2888 Falling Waters Drive sold most recently in Oct 11, 2021 for a total of $210,000. If you work out the math, that's approximately a cost of $91.66 per sqft. Before that, the property was also sold for $160,000 in Apr 8, 2011. 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 $7,834 in taxes each year. 2888 Falling Waters Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $66,115. If we break it down further, the land itself was valued at $8,496. Improvements to the property, however, were assessed at a total of $57,619. 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. 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.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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210814
08/14/2021
2 Bed
3 Bath
1891 ft²
$210,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1891 ft²
$210,000
12/29/2021
Muhammad Saleem
RE/MAX Top Performers

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 36
  • Total Building Area: 2,291
  • Gross Building Area: 2,291
  • Building Area: 1,891
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,891
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FALLING WATERS SUBDIVISION
  • Land Acres: 0.001
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: FALLING WATERS SUBDIVISION; UNIT34-2888-D & .6604 % INT IN COMMON ELEMENTS IN FALLING WATERS CONDOMINIUM TOWNHOME PER DOCS 4713180,4745841,4766878, 4854594,4933267 PT LOT 66

Ownership

  • Current Owner : URBAN JULIEA
  • Previous Owner : PAPINENI NAVEEN
  • Previous Owner 2: VALLABHA PALLAVI
  • Owner Before Previous Owner: WIEGEL MICHAEL S
  • Owner Before Previous Owner 2: WIEGEL LORI A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Millburn Community Consolidated School District 24
  • Census Tract: 861009

Geography

  • District: LAKE VILLA
  • Parcel: 06-01-403-083
  • Lot: 66
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4044
  • Longitude: -88.008

    Address

  • Full Address: 2888 Falling Waters Dr
  • Legal Unit: 34
  • Address - House Number: 2888
  • Address - Street Name: Falling Waters
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lindenhurst
  • Carrier Code: R006
  • 4-Digit Zip Code: 6775
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,834
  • Tax Rate Code Area: 5150

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 253,651
  • High Value: 290,643
  • Low Value: 216,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,500
  • First Open Lien Mortgage Lender: CONSUMERS CU
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $199,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $198,365
  • Market Land Value: $25,491
  • Market Improvement Value: $172,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,115
  • Assessed Land Value: $8,496
  • Assessed Improvements Value: $57,619

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Transaction ID: 11876092079
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7857423
  • Previous Sale Recording Date: May 06, 2011
  • Previous Sale Contract Date: Apr 08, 2011
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONSUMERS CU
  • First Mortgage Transaction Date: Dec 29, 2021
  • First Mortgage Loan Amount: $199,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • Previous Mortgage Transaction Date: May 06, 2011
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2041

About Falling Waters



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Frequently Asked Questions

What neighborhood is 2888 Falling Waters Drive located in?
The 2888 Falling Waters Drive is a townhouse located in the neighborhood of Falling Waters in Falling Waters, Lake Villa.
What is the average sales price for listings in 2888 Falling Waters Drive?
The average sales price for units in 2888 Falling Waters Drive is $210,000 , or $111/sqft. currently.

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