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303 Albert Drive

303 Albert Drive, Vernon Hills, IL 60061
Property in Plymouth Farms
Sold Aug 05, 2020
$295,000
$280,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2050
Sold Nov 06, 2012
$245,000
$196,000 by American Heartland Bank & Trus
Mortgage Due Nov 01, 2042
303 Albert Drive has been categorized by the local assessors in Vernon Hills, IL as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 303 Albert Drive has 1,437 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 1,150 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,900 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

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. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 inside of the home is being cooled with central air conditioning at the moment. Finally, the property is currently sourcing its water from a municipal system. 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, 303 Albert Drive was last sold in Jun 19, 2020 for $295,000. According to our calculations, that's $157.08 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Oct 22, 2012. Current property owners are expected to pay $10,146 in taxes per year. The property on 303 Albert Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $112,790. To break that down further, the land itself was valued at $24,588. While improvements to the property were assessed at a total of $88,202. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Unknown
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,900
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,878
  • Gross Building Area: 1,878
  • Building Area: 1,437
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,437
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PLYMOUTH FARMS PHASE FOUR
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLYMOUTH FARMS PHASE FOUR LOT 151

Ownership

  • Current Owner : SCHULER JASON
  • Previous Owner : JACOBS JORDAN
  • Previous Owner 2: JACOBS MEGAN
  • Owner Before Previous Owner: RALPH DENISE M
  • Owner Before Previous Owner 2: RALPH MICHAEL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Libertyville Community High School District 128
  • Census Tract: 864513

Geography

  • District: VERNON
  • Subdivision Phase Number: 4
  • Parcel: 15-05-426-002
  • Lot: 151
  • Municipality: TWP OF VERNON
  • Latitude: 42.2304
  • Longitude: -87.9704

    Address

  • Full Address: 303 Albert Dr
  • Address - House Number: 303
  • Address - Street Name: Albert
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Vernon Hills
  • Carrier Code: C018
  • 4-Digit Zip Code: 1613
  • Zip Code: 60061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,146
  • Tax Rate Code Area: 16028

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 399,202
  • High Value: 466,143
  • Low Value: 332,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 05, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $338,403
  • Market Land Value: $73,771
  • Market Improvement Value: $264,632

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,790
  • Assessed Land Value: $24,588
  • Assessed Improvements Value: $88,202

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Transaction ID: 11779663457
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7681016
  • Previous Sale Recording Date: Nov 06, 2012
  • Previous Sale Contract Date: Oct 22, 2012
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 05, 2020
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HEARTLAND BANK & TRUS
  • Previous Mortgage Transaction Date: Nov 06, 2012
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Plymouth Farms



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Frequently Asked Questions

What neighborhood is 303 Albert Drive located in?
The 303 Albert Drive is a located in the neighborhood of Plymouth Farms in Plymouth Farms, Vernon Hills.
What is the average sales price for listings in 303 Albert Drive?
The average sales price for units in 303 Albert Drive is $0 currently.

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