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320 Council Trail

320 Council Trail, Lake In The Hills, IL 60156
Sold Jul 24, 2020
$185,000
$181,649 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2050
Sold Jan 28, 2005
$186,200
Local assessors in Lake In The Hills, IL have categorized 320 Council Trail as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 9,671 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 320 Council Trail has a total of 1,232 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 320 Council Trail sold most recently in Jul 13, 2020 for a total of $185,000. If you work out the math, that's approximately a cost of $75.08 per sqft. Before that, the property was also sold for $186,200 in Jan 14, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,279 in taxes each year. 320 Council Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $66,262. If we break it down further, the land itself was valued at $12,252. Improvements to the property, however, were assessed at a total of $54,010. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,232
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,671
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,464
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRUCES ADDN TO LAKE IN THE HILLS
  • Land Acres: 0.222
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2020R0028091 LT 9 BRUCES ADDN TO LAKE IN THE HILLS MEMO: BENNETT, MARK R JR/ KLICKER, ELIZABETH R

Ownership

  • Current Owner : BENNETT MARK R
  • Current Owner 2: KLICKER ELIZABETH
  • Previous Owner : PENDERS NORINE M
  • Owner Before Previous Owner: HARRINGTON HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871205

Geography

  • Parcel: 19-28-130-014
  • Block: 130
  • Lot: 9
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1797
  • Longitude: -88.3079

    Address

  • Full Address: 320 Council Trl
  • Address - House Number: 320
  • Address - Street Name: Council
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Lake In The Hills
  • Carrier Code: R006
  • 4-Digit Zip Code: 1544
  • Zip Code: 60156

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,279
  • Tax Rate Code Area: 19003

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 274,123
  • High Value: 321,529
  • Low Value: 226,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,649
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $181,649
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $198,786
  • Market Land Value: $36,756
  • Market Improvement Value: $162,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,262
  • Assessed Land Value: $12,252
  • Assessed Improvements Value: $54,010

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Transaction ID: 11775338303
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0028091
  • Previous Sale Recording Date: Jan 28, 2005
  • Previous Sale Contract Date: Jan 14, 2005
  • Previous Sale Amount: $186,200
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 24, 2020
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 320 Council Trail located in?
The 320 Council Trail is a located in the neighborhood of Lake In The Hills Estates in Lake In The Hills Estates, Lake In The Hills.
What is the average sales price for listings in 320 Council Trail?
The average sales price for units in 320 Council Trail is $0 currently.

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