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3541 Lake Street

3541 Lake Street, Lansing, IL 60438
Property in Thornton
Sold Oct 26, 2017
$98,000
$146,174 by Rocket Mortgage Llc
Mortgage Due May 01, 2053
3541 Lake Street in Lansing, IL was first built in 1951 and is 73 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3541 Lake Street has 1,304 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 7,700 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There is one available parking space. 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 wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. 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, 3541 Lake Street was last sold in Oct 17, 2017 for $98,000. According to our calculations, that's $75.15 per sqft. Current property owners are expected to pay $3,966 in taxes per year. The property on 3541 Lake Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,001. To break that down further, the land itself was valued at $3,273. While improvements to the property were assessed at a total of $10,728. 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. 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.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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,700
  • Total Building Area: 1,304
  • Gross Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHOOL TRUSTEES
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SCHOOL) (TRUSTEES) SUB IN NW SEC32 & SW SEC 29-36-15

Ownership

  • Current Owner : SCHNEIDER SCOTT
  • Current Owner 2: WOLFE MICHAEL
  • Previous Owner : DYKSTRA BRADLEY R
  • Previous Owner 2: DYKSTRA JOYCE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828100

Geography

  • District: 37
  • Parcel: 30-32-125-035-0000
  • Meridian: SEC 29 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5651
  • Longitude: -87.5306

    Address

  • Full Address: 3541 Lake St
  • Address - House Number: 3541
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lansing
  • Carrier Code: C004
  • 4-Digit Zip Code: 3903
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,966
  • Tax Rate Code Area: 37128

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 187,164
  • High Value: 236,278
  • Low Value: 138,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,174
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 17, 2023
  • First Open Lien Mortgage Loan Amount: $146,174
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $140,010
  • Market Land Value: $32,730
  • Market Improvement Value: $107,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,001
  • Assessed Land Value: $3,273
  • Assessed Improvements Value: $10,728

    Sales

  • Current Sale Contract Date: Oct 17, 2017
  • Current Sale Recording Date: Oct 26, 2017
  • Current Sale Transaction ID: 1397704466
  • Current Sale Price: $98,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1729910008

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 26, 2017
  • First Mortgage Loan Amount: $90,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

About Lansing



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Frequently Asked Questions

What neighborhood is 3541 Lake Street located in?
The 3541 Lake Street is a located in the neighborhood of Thornton in Lansing, Lansing.
What is the average sales price for listings in 3541 Lake Street?
The average sales price for units in 3541 Lake Street is $0 currently.

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