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318 Elm Court

318 Elm Court, Libertyville, IL 60048
Property in Oakwood Terrace
Sold Apr 27, 2017
$650,000
$510,400 by Key Mortgage Services Inc
Mortgage Due Jul 01, 2050
Sold Sep 24, 2009
$865,000
$417,000 by Provident Mortgage Corp
Mortgage Due Sep 01, 2039
318 Elm Court has been categorized by the local assessors in Libertyville, IL as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1933. Residents will have access to 3 full bathrooms. The building has a total of 2 stories. In addition, 318 Elm Court has 2,949 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,256 square feet.

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 detached garage for those who require parking. The garage measured 720 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. There is a single fireplace in the home. Perfect for those wintery 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, 318 Elm Court was last sold in Apr 21, 2017 for $650,000. According to our calculations, that's $141.61 per sqft. Prior to that sales transaction, the property was sold for $865,000 in Aug 21, 2009. Current property owners are expected to pay $18,664 in taxes per year. The property on 318 Elm Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $249,740. To break that down further, the land itself was valued at $109,858. While improvements to the property were assessed at a total of $139,882. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1920
  • Effective Year Built: 1933
  • Bedroom Count: 0
  • Full Bathrooms: 3
  • Building Condition: Average
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,516
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,256
  • Total Building Area: 4,590
  • Building Area: 2,949
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,949
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAHERS RESUBDIVISION
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAHERS RESUBDIVISION; LOT B

Ownership

  • Current Owner : KAHN DAVID A
  • Current Owner 2: KAHN ERIN M
  • Previous Owner : MAHER EUGENE
  • Previous Owner 2: MAHER AIMEE
  • Owner Before Previous Owner: THOMAS MICHAEL
  • Owner Before Previous Owner 2: THOMAS SUZANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Libertyville School District 70
  • Census Tract: 863604

Geography

  • District: LIBERTYVILLE
  • Parcel: 11-16-307-036
  • Lot: B
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2864
  • Longitude: -87.9591

    Address

  • Full Address: 318 Elm Ct
  • Address - House Number: 318
  • Address - Street Name: Elm
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Libertyville
  • Carrier Code: C005
  • 4-Digit Zip Code: 2114
  • Zip Code: 60048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,664
  • Tax Rate Code Area: 11038

    Appraisal Valuation

  • Standard Deviation: 0.1251
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 86
  • Final Value: 851,997
  • High Value: 958,590
  • Low Value: 745,404

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Jul 15, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: $749,295
  • Market Land Value: $329,607
  • Market Improvement Value: $419,688

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,740
  • Assessed Land Value: $109,858
  • Assessed Improvements Value: $139,882

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2017
  • Current Sale Recording Date: Apr 27, 2017
  • Current Sale Transaction ID: 1811736468
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7390138
  • Previous Sale Recording Date: Sep 24, 2009
  • Previous Sale Contract Date: Aug 21, 2009
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 27, 2017
  • First Mortgage Loan Amount: $424,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 24, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2039

About Oakwood Terrace



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Nearby Rentals

Unit for rent at 756 Stonegate Road, Libertyville, IL, 60048

$5,900 /mo

  • 4 Beds
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  • 2,536 ft²
756 Stonegate Road, Libertyville, IL, 60048 Listing by Luigui Corral

Frequently Asked Questions

What neighborhood is 318 Elm Court located in?
The 318 Elm Court is a located in the neighborhood of Oakwood Terrace in Oakwood Terrace, Libertyville.
What is the average sales price for listings in 318 Elm Court?
The average sales price for units in 318 Elm Court is $0 currently.

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