312 Somerset Lane

312 Somerset Lane in Vernon Hills, IL was first built in 1975 and is 49 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 condo style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 312 Somerset Lane has 864 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. For those who need parking, there is a detached garage. The garage is 220 sqft. There is one available parking space. 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. The property was last sold in Jun 6, 2022 for $165,000. That's $190.97 per sqft. Prior to that sales transaction, the property was also sold in May 8, 2001 for $100,000. 312 Somerset Lane was last assessed in 2023. The total value of the property was assessed at $45,012. Specifically, the land the property is located on was valued at $13,218. While improvements on the property were assessed at a total of $31,794. 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 $3,724. 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. 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.