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295 Knox Park Road

295 Knox Park Road, Lake Zurich, IL 60047
Property in Cedar Creek
Sold Nov 22, 2021
$440,000
$396,000 by Hancock Mortgage Partners Llc
Mortgage Due Nov 01, 2051
Sold Dec 01, 1994
$220,000
$80,000 by Security Fsla Of Chicago
Mortgage Due Dec 01, 2001
295 Knox Park Road in Lake Zurich, IL was first built in 1991 and is 33 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 2 full bathrooms. There are 3 partial bathrooms. 295 Knox Park Road has 2,588 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 10,176 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 460 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. 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. The property was last sold in Oct 1, 2021 for $440,000. That's $113.17 per sqft. Prior to that sales transaction, the property was also sold in Nov 14, 1994 for $220,000. 295 Knox Park Road was last assessed in 2023. The total value of the property was assessed at $168,259. Specifically, the land the property is located on was valued at $25,635. While improvements on the property were assessed at a total of $142,624. 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 $11,726. 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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 840
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,176
  • Total Building Area: 3,888
  • Gross Building Area: 3,888
  • Building Area: 2,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,588
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR CREEK UNIT IV
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CEDAR CREEK UNIT IV; LOT 56

Ownership

  • Current Owner : HORMILLADA DEXTER ANZANO
  • Current Owner 2: ALLEGO JO PAULINE
  • Previous Owner : MULARZ ROBERT OLIVER
  • Previous Owner 2: MULARZ CHRISTIE LYN
  • Owner Before Previous Owner: MULARZ STANISLAW F
  • Owner Before Previous Owner 2: CUK MULARZ VERA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864410

Geography

  • Assessors Map Reference: 2699-C4
  • District: ELA
  • Parcel: 14-21-210-025
  • Lot: 56
  • Municipality: TWP OF ELA
  • Latitude: 42.1924
  • Longitude: -88.0674

    Address

  • Full Address: 295 Knox Park Rd
  • Legal Unit: 4
  • Address - House Number: 295
  • Address - Street Name: Knox Park
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Zurich
  • Carrier Code: R027
  • 4-Digit Zip Code: 7120
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,726
  • Tax Rate Code Area: 15059

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 568,699
  • High Value: 664,530
  • Low Value: 472,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: HANCOCK MORTGAGE PARTNERS LLC
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $396,000
  • 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: $504,828
  • Market Land Value: $76,913
  • Market Improvement Value: $427,915

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,259
  • Assessed Land Value: $25,635
  • Assessed Improvements Value: $142,624

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869197445
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7847162
  • Previous Sale Recording Date: Dec 01, 1994
  • Previous Sale Contract Date: Nov 14, 1994
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: HANCOCK MORTGAGE PARTNERS LLC
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY FSLA OF CHICAGO
  • Previous Mortgage Transaction Date: Dec 01, 1994
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 83
  • Previous Mortgage Loan Due Date: Dec 01, 2001

About Cedar Creek



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Frequently Asked Questions

What neighborhood is 295 Knox Park Road located in?
The 295 Knox Park Road is a located in the neighborhood of Cedar Creek in Cedar Creek, Lake Zurich.
What is the average sales price for listings in 295 Knox Park Road?
The average sales price for units in 295 Knox Park Road is $0 currently.

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