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314 Berkshire Drive

314 Berkshire Drive, Lake Villa, IL 60046
Townhouse in Cedar Crossing
Sold Jun 24, 2021
$240,000
$191,920 by Crosscountry Mortgage Llc
Mortgage Due Jul 01, 2051
Sold Oct 19, 2012
$135,000
$121,500 by Draper & Kramer Mortgage Corp
Mortgage Due Nov 01, 2042
314 Berkshire Drive in Lake Villa, IL was first built in 2002 and is 22 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 townhouse style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 314 Berkshire Drive has 1,938 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 2,614 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 434 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 314 Berkshire Drive sold most recently in Jun 8, 2021 for a total of $240,000. If you work out the math, that's approximately a cost of $71.86 per sqft. Before that, the property was also sold for $135,000 in Aug 21, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,690 in taxes each year. 314 Berkshire Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $77,921. If we break it down further, the land itself was valued at $11,724. Improvements to the property, however, were assessed at a total of $66,197. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stone Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 968
  • Garage Type: Attached
  • Garage Square Area: 434
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 3,340
  • Gross Building Area: 3,340
  • Building Area: 1,938
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,938
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR CROSSING II
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RESUB OF LT303 IN CEDAR CROSSING II,1ST RESUB; UNIT LOT 4

Ownership

  • Current Owner : DOANE PAMELA
  • Previous Owner : FABISIAK JASON
  • Owner Before Previous Owner: U S BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grayslake Community High School District 127
  • Census Tract: 861013

Geography

  • District: LAKE VILLA
  • Parcel: 06-04-202-071
  • Lot: 303,4
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4106
  • Longitude: -88.0675

    Address

  • Full Address: 314 Berkshire Dr
  • Address - House Number: 314
  • Address - Street Name: Berkshire
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R021
  • 4-Digit Zip Code: 5057
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,690
  • Tax Rate Code Area: 5119

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 307,213
  • High Value: 362,992
  • Low Value: 251,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,920
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $191,920
  • 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, 2051

    Market Valuation

  • Market Total Value: $233,787
  • Market Land Value: $35,176
  • Market Improvement Value: $198,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,921
  • Assessed Land Value: $11,724
  • Assessed Improvements Value: $66,197

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11848318002
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7802213
  • Previous Sale Recording Date: Oct 19, 2012
  • Previous Sale Contract Date: Aug 21, 2012
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $191,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 19, 2012
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $121,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Cedar Crossing



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Frequently Asked Questions

What neighborhood is 314 Berkshire Drive located in?
The 314 Berkshire Drive is a townhouse located in the neighborhood of Cedar Crossing in Cedar Crossing, Lake Villa.
What is the average sales price for listings in 314 Berkshire Drive?
The average sales price for units in 314 Berkshire Drive is $0 currently.

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