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42 North Lake Avenue

42 North Lake Avenue, Grayslake, IL 60030
Property in Sunshine
Refi Mar 30, 2005
Transfer
$276,000 by State Financial Bank Na
Mortgage Due Apr 01, 2035
42 North Lake Avenue in Grayslake, IL was first built in 2005 and is 19 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 ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 42 North Lake Avenue has 1,991 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 10,807 square feet.

Learn more about the property and building on this page. There is 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 552 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $11,499 in taxes per year. The property on 42 North Lake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $119,994. To break that down further, the land itself was valued at $14,181. While improvements to the property were assessed at a total of $105,813. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,991
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,807
  • Total Building Area: 4,534
  • Gross Building Area: 4,534
  • Building Area: 1,991
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,991
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECOND ADDN TO SUNSHINE SUB
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECOND ADDN TO SUNSHINE SUB LOT 29 & W 1/2 VAC LANE LYG E & ADJ. LOT 29

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grayslake Community High School District 127
  • Census Tract: 861106

Geography

  • Assessors Map Reference: 2476-C6
  • District: AVON
  • Parcel: 06-13-301-023
  • Lot: 29
  • Municipality: TWP OF AVON
  • Latitude: 42.3756
  • Longitude: -88.0143

    Address

  • Full Address: 42 N Lake Ave
  • Address - House Number: 42
  • Street Direction: N
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Third Lake
  • Carrier Code: R007
  • 4-Digit Zip Code: 9011
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,499
  • Tax Rate Code Area: 7056

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 450,606
  • High Value: 522,591
  • Low Value: 378,622

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: STATE FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Mar 30, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $276,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2035

    Market Valuation

  • Market Total Value: $360,018
  • Market Land Value: $42,547
  • Market Improvement Value: $317,471

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,994
  • Assessed Land Value: $14,181
  • Assessed Improvements Value: $105,813

About Sunshine



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Nearby Rentals

Unit for rent at 33191 N Sunset Avenue, Grayslake, IL, 60030

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,296 ft²
33191 N Sunset Avenue, Grayslake, IL, 60030 Listing by Corey Barker

Frequently Asked Questions

What neighborhood is 42 North Lake Avenue located in?
The 42 North Lake Avenue is a located in the neighborhood of Sunshine in Sunshine, Grayslake.
What is the average sales price for listings in 42 North Lake Avenue?
The average sales price for units in 42 North Lake Avenue is $0 currently.

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