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44 Burnett Avenue

44 Burnett Avenue, Lake Villa, IL 60046
Multifamily in Sherwoods
Local assessors in Lake Villa, IL have categorized 44 Burnett Avenue as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 19,249 square feet. 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 0 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 are 2 full bathrooms. 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 44 Burnett Avenue has a total of 1,660 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 650 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood 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. 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, 44 Burnett Avenue sold most recently in Jun 17, 2020 for a total of $212,000. If you work out the math, that's approximately a cost of $91.77 per sqft. Before that, the property was also sold for $165,000 in Feb 1, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,724 in taxes each year. 44 Burnett Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $71,789. If we break it down further, the land itself was valued at $15,363. Improvements to the property, however, were assessed at a total of $56,426. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Cedar Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200406
04/06/2020
4 Bed
-
-
$219,900
bedrooms
4 Bed
bathrooms
-
$212,000 -3.59%
06/29/2020
Kat Becker

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 650
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,249
  • Total Building Area: 2,310
  • Gross Building Area: 2,310
  • Building Area: 1,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN WALDENSTROM SUB
  • Land Acres: 0.442
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOHN WALDENSTROM SUB LOT 1

Ownership

  • Current Owner : WIEMERSLAGE KARL
  • Previous Owner : BECKER REAL ESTATE INVESTMENTS LLC
  • Owner Before Previous Owner: LUSZCAK WALTER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 861011

Geography

  • Assessors Map Reference: 2475-A1
  • District: LAKE VILLA
  • Parcel: 06-05-202-048
  • Lot: 1
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4144
  • Longitude: -88.0829

    Address

  • Full Address: 44 Burnett Ave
  • Address - House Number: 44
  • Address - Street Name: Burnett
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R010
  • 4-Digit Zip Code: 9004
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,724
  • Tax Rate Code Area: 5119

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 299,424
  • High Value: 353,789
  • Low Value: 245,059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,160
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $208,160
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $215,389
  • Market Land Value: $46,094
  • Market Improvement Value: $169,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,789
  • Assessed Land Value: $15,363
  • Assessed Improvements Value: $56,426

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11770926219
  • Current Sale Price: $212,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7669082
  • Previous Sale Recording Date: Feb 28, 2019
  • Previous Sale Contract Date: Feb 01, 2019
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $208,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STATE BANK
  • Previous Mortgage Transaction Date: Feb 28, 2019
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 294
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 20, 2043

About Sherwoods



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Frequently Asked Questions

What neighborhood is 44 Burnett Avenue located in?
The 44 Burnett Avenue is a multifamily located in the neighborhood of Sherwoods in Sherwoods, Lake Villa.
What is the average sales price for listings in 44 Burnett Avenue?
The average sales price for units in 44 Burnett Avenue is $219,900 currently.

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