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307 Oakwood Road

307 Oakwood Road, Vernon Hills, IL 60061
Sold May 12, 2022
$275,000
$270,019 by Gmfs Llc
Mortgage Due May 01, 2052
Sold Oct 24, 2003
$217,000
$213,150 by Abn Amro Mortgage Group Inc
Mortgage Due Oct 01, 2033
307 Oakwood Road in Vernon Hills, IL was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 1963. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 307 Oakwood Road has 1,326 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 8,668 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. The garage is 576 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 C. 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, 307 Oakwood Road was last sold in Apr 12, 2022 for $275,000. According to our calculations, that's $207.39 per sqft. Prior to that sales transaction, the property was sold for $217,000 in Sep 21, 2003. Current property owners are expected to pay $5,603 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 307 Oakwood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $72,563. To break that down further, the land itself was valued at $19,330. While improvements to the property were assessed at a total of $53,233. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,668
  • Total Building Area: 1,326
  • Gross Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,326
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VERNON HILLS COUNTRY CLUB ESTATES UNIT 1
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERNON HILLS COUNTRY CLUB ESTATES UNIT 1 LOT 55

Ownership

  • Current Owner : CISNEROS ROSA EVELIN
  • Current Owner 2: PEREZ ALBERTO
  • Previous Owner : DIANA PADRON
  • Owner Before Previous Owner: HOPPE GARY A
  • Owner Before Previous Owner 2: HOPPE TERESA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Libertyville Community High School District 128
  • Census Tract: 864511

Geography

  • District: VERNON
  • Parcel: 15-08-112-014
  • Lot: 55
  • Municipality: TWP OF VERNON
  • Latitude: 42.2203
  • Longitude: -87.9792

    Address

  • Full Address: 307 Oakwood Rd
  • Legal Unit: 1
  • Address - House Number: 307
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Vernon Hills
  • Carrier Code: C042
  • 4-Digit Zip Code: 2713
  • Zip Code: 60061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,603
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 16028

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 299,742
  • High Value: 350,005
  • Low Value: 249,480

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,019
  • First Open Lien Mortgage Lender: GMFS LLC
  • First Open Lien Mortgage Recording Date: May 12, 2022
  • First Open Lien Mortgage Loan Amount: $270,019
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $217,711
  • Market Land Value: $57,996
  • Market Improvement Value: $159,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,563
  • Assessed Land Value: $19,330
  • Assessed Improvements Value: $53,233

    Sales

  • Current Sale Contract Date: Apr 12, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Transaction ID: 11887482106
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7903798
  • Previous Sale Recording Date: Oct 24, 2003
  • Previous Sale Contract Date: Sep 21, 2003
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GMFS LLC
  • First Mortgage Transaction Date: May 12, 2022
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Oct 24, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $213,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2033

About Vernon Hills Country Club Estates West



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Nearby Rentals

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$2,100 /mo

  • 2 Beds
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483 Grosse Pointe Circle #483, Vernon Hills, IL, 60061 Listing by Yongjun Zhang

Frequently Asked Questions

What neighborhood is 307 Oakwood Road located in?
The 307 Oakwood Road is a located in the neighborhood of Vernon Hills Country Club Estates West in Vernon Hills Country Club Estates West, Vernon Hills.
What is the average sales price for listings in 307 Oakwood Road?
The average sales price for units in 307 Oakwood Road is $0 currently.

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