Check Availability

31340 North Ranch Road

31340 North Ranch Road, Grayslake, IL 60030
Property in Liberty Acres
Sold Dec 07, 2004
$356,000
$324,800 by Bank Of America Na
Mortgage Due May 01, 2036
Sold Aug 31, 1995
$180,000
$144,000 by Westwind Mtg Bancorp Inc
Mortgage Due Sep 01, 2025
31340 North Ranch Road in Grayslake, IL was first built in 1962 and is 62 years old. Although, the building on the property was most recently renovated and altered in 1966. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 3 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 31340 North Ranch Road has 1,956 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. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 37,610 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 360 sqft. 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. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit. 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, 31340 North Ranch Road was last sold in Nov 16, 2004 for $356,000. According to our calculations, that's $153.71 per sqft. Prior to that sales transaction, the property was sold for $180,000 in Aug 25, 1995. Current property owners are expected to pay $7,320 in taxes per year. The property on 31340 North Ranch Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $103,249. To break that down further, the land itself was valued at $31,080. While improvements to the property were assessed at a total of $72,169. 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: 1962
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 360
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,610
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,316
  • Gross Building Area: 2,316
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LIBERTY ACRES
  • Land Acres: 0.863
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LIBERTY ACRES LOT 26

Ownership

  • Current Owner : PESOVIC GAIL
  • Current Owner 2: SCHMIDT ERIC
  • Previous Owner : SU JUDY
  • Owner Before Previous Owner: HARVEY MORRISE E
  • Owner Before Previous Owner 2: HARVEY IRENE O
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Libertyville School District 70
  • Census Tract: 863601

Geography

  • District: LIBERTYVILLE
  • Parcel: 11-06-301-014
  • Lot: 26
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.3181
  • Longitude: -88.003

    Address

  • Full Address: 31340 N Ranch Rd
  • Address - House Number: 31340
  • Street Direction: N
  • Address - Street Name: Ranch
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Grayslake
  • Carrier Code: R003
  • 4-Digit Zip Code: 9765
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,320
  • Tax Rate Code Area: 11101

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 421,784
  • High Value: 492,785
  • Low Value: 350,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,800
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 25, 2006
  • First Open Lien Mortgage Loan Amount: $324,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $309,778
  • Market Land Value: $93,249
  • Market Improvement Value: $216,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,249
  • Assessed Land Value: $31,080
  • Assessed Improvements Value: $72,169

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2004
  • Current Sale Recording Date: Dec 07, 2004
  • Current Sale Transaction ID: 1087706994
  • Current Sale Price: $356,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5694898
  • Previous Sale Recording Date: Aug 31, 1995
  • Previous Sale Contract Date: Aug 25, 1995
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AEGIS FUNDING CORP
  • First Mortgage Transaction Date: Dec 07, 2004
  • First Mortgage Loan Amount: $284,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2034
  • Second Mortgage Loan Amount: $71,200

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WESTWIND MTG BANCORP INC
  • Previous Mortgage Transaction Date: Aug 31, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $144,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2025

About Liberty Acres



Similar Buildings

Property at 31340 North Ranch Road,

1536 Syracuse Drive

  • 1 Unit for Sale
1536 Syracuse Drive, Grayslake, IL 60030
Property at 31340 North Ranch Road,

1526 Albany Street

  • 1 Unit for Sale
1526 Albany Street, Grayslake, IL 60030

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 31340 North Ranch Road located in?
The 31340 North Ranch Road is a located in the neighborhood of Liberty Acres in Liberty Acres, Grayslake.
What is the average sales price for listings in 31340 North Ranch Road?
The average sales price for units in 31340 North Ranch Road is $0 currently.

Quantcast