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399 Lake Marian Road

399 Lake Marian Road, Carpentersville, IL 60110
Property in Dundee
Local assessors in Carpentersville, IL have categorized 399 Lake Marian Road as a commercial type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 79,050 square feet. 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 399 Lake Marian Road has a total of 13,833 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. Residents rely on central air conditioning for their cooling system. 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, 399 Lake Marian Road sold most recently in Dec 5, 2023 for a total of $2,835,000. If you work out the math, that's approximately a cost of $204.94 per sqft. Before that, the property was also sold for $3,025,000 in Jul 7, 1999. 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 $54,318 in taxes each year. 399 Lake Marian Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $623,805. If we break it down further, the land itself was valued at $315,429. Improvements to the property, however, were assessed at a total of $308,376. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 79,050
  • Total Building Area: 13,833
  • Gross Building Area: 13,833
  • Building Area: 13,833
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 13,833
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: KENNEDY LAKE MARIAN RD SUB
  • Land Acres: 1.815
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: KENNEDY LAKE MARIAN RD SUB UNIT #1 - LOT 1

Ownership

  • Current Owner : MAPLE MARIAN LLC
  • Previous Owner : B I F LAND INC
  • Owner Before Previous Owner: 25 LAKE MARION LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850302

Geography

  • Parcel: 03-14-277-001
  • Lot: 1
  • Municipality: DUNDEE
  • Latitude: 42.1206
  • Longitude: -88.2589

    Address

  • Full Address: 399 Lake Marian Rd
  • Legal Unit: 1
  • Address - House Number: 399
  • Address - Street Name: Lake Marian
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Carpentersville
  • Carrier Code: C010
  • 4-Digit Zip Code: 2096
  • Zip Code: 60110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $54,318
  • Tax Rate Code Area: DU913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,842,750
  • First Open Lien Mortgage Lender: SYMETRA LIFE INSURANCE CO
  • First Open Lien Mortgage Recording Date: Feb 22, 2024
  • First Open Lien Mortgage Loan Amount: $1,842,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 22, 2054

    Market Valuation

  • Market Total Value: $1,872,164
  • Market Land Value: $946,666
  • Market Improvement Value: $925,498

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $623,805
  • Assessed Land Value: $315,429
  • Assessed Improvements Value: $308,376

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Dec 07, 2023
  • Current Sale Transaction ID: 11917769804
  • Current Sale Price: $2,835,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 42820
  • Previous Sale Recording Date: Jul 14, 1999
  • Previous Sale Contract Date: Jul 07, 1999
  • Previous Sale Amount: $3,025,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR BANK
  • Previous Mortgage Transaction Date: Jul 14, 1999
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Carpentersville



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2225 Flagstone Lane, Carpentersville, IL, 60110 Listing by Nikit Tailor

Frequently Asked Questions

What neighborhood is 399 Lake Marian Road located in?
The 399 Lake Marian Road is a located in the neighborhood of Dundee in Carpentersville, Carpentersville.
What is the average sales price for listings in 399 Lake Marian Road?
The average sales price for units in 399 Lake Marian Road is $0 currently.

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