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4375 Waters Edge Drive

4375 Waters Edge Drive, Island Lake, IL 60042
Property in Waters Edge
Sold Mar 08, 2022
$172,500
$138,000 by Fairway Independent Mortgage C
Mortgage Due Feb 01, 2052
Sold Aug 09, 2002
$183,000
$172,000 by Wells Fargo Home Mtg Inc
Mortgage Due Aug 01, 2032
4375 Waters Edge Drive in Island Lake, IL was first built in 2001 and is 23 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 townhouse style. There are a total of 2 floors. 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 3 partial bathrooms. 4375 Waters Edge Drive has 1,464 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 7,674 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 240 sqft. 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 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. The property was last sold in Jan 13, 2022 for $172,500. That's $72.60 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2002 for $183,000. 4375 Waters Edge Drive was last assessed in 2023. The total value of the property was assessed at $55,219. Specifically, the land the property is located on was valued at $5,284. While improvements on the property were assessed at a total of $49,935. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,033. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,674
  • Total Building Area: 2,376
  • Gross Building Area: 2,376
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERS EDGE PHASE 2
  • Land Acres: 0.176
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: WATERS EDGE PHASE 2; UNIT 7- 3 & .934% INT IN COMMON ELEMEN TS IN THE WATERS EDGE CONDOMINIUM PER DOC 4690554, 4695293, 4727037, 4731229, 4748711, 4766421, 4783312, 4803062, 486437

Ownership

  • Current Owner : STEDMAN AMBER
  • Current Owner 2: STEDMAN ROGER D
  • Previous Owner : SOOFI JEAN M
  • Owner Before Previous Owner: WESTFIELD HOMES OF ILLINOIS
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864204

Geography

  • Assessors Map Reference: 2586-E7
  • District: WAUCONDA
  • Subdivision Phase Number: 2
  • Parcel: 09-28-206-027
  • Block: 7
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.2647
  • Longitude: -88.1864

    Address

  • Full Address: 4375 Waters Edge Dr
  • Legal Unit: 7
  • Address - House Number: 4375
  • Address - Street Name: Waters Edge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Island Lake
  • Carrier Code: R004
  • 4-Digit Zip Code: 8221
  • Zip Code: 60042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,033
  • Tax Rate Code Area: 13003

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 208,903
  • High Value: 244,837
  • Low Value: 172,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 08, 2022
  • First Open Lien Mortgage Loan Amount: $138,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $165,674
  • Market Land Value: $15,854
  • Market Improvement Value: $149,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,219
  • Assessed Land Value: $5,284
  • Assessed Improvements Value: $49,935

    Sales

  • Current Sale Contract Date: Jan 13, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Transaction ID: 11881259523
  • Current Sale Price: $172,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7881542
  • Previous Sale Recording Date: Aug 09, 2002
  • Previous Sale Contract Date: Jul 17, 2002
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Mar 08, 2022
  • First Mortgage Loan Amount: $138,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Aug 09, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2032

About Waters Edge



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4375 Waters Edge Drive located in?
The 4375 Waters Edge Drive is a located in the neighborhood of Waters Edge in Waters Edge, Island Lake.
What is the average sales price for listings in 4375 Waters Edge Drive?
The average sales price for units in 4375 Waters Edge Drive is $0 currently.

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