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4707 Patty Lane

4707 Patty Lane, Ringwood, IL 60072
Sold Dec 07, 2022
$395,000
$295,000 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2037
Sold Sep 02, 2020
$345,000
$327,750 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2050
Local assessors in Ringwood, IL have categorized 4707 Patty Lane as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 45,738 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. As for the restroom situation, there are 3 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4707 Patty Lane has a total of 4,545 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 garage for those who need a place to park their vehicle. The garage on the property is 600 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. 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. Lots of alum/vinyl 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 central heating system is the primary heating source. 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, 4707 Patty Lane sold most recently in Nov 30, 2022 for a total of $395,000. If you work out the math, that's approximately a cost of $74.39 per sqft. Before that, the property was also sold for $345,000 in Aug 21, 2020. 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 $8,159 in taxes each year. 4707 Patty Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $110,332. If we break it down further, the land itself was valued at $21,535. Improvements to the property, however, were assessed at a total of $88,797. 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.

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: 0
  • Bathroom Count: 6
  • Full Bathrooms: 3
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 16
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,053
  • Garage Type: Garage
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 5,310
  • Building Area: 2,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,545
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CROSSINGS SUB
  • Land Acres: 1.046
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2022R0040522 LT 55 COUNTRY CROSSINGS SUB MEMO: CAMERON, RICHARD JR/ SEARS, TARA

Ownership

  • Current Owner : CAMERON RICHARD
  • Current Owner 2: SEARS TARA
  • Previous Owner : SALINAS JOSEPH M
  • Previous Owner 2: SALINAS SAMANTHA L
  • Owner Before Previous Owner: CONWAY DANA C
  • Owner Before Previous Owner 2: TOWLER MATTHEW
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Johnsburg Community Unit School District 12
  • Census Tract: 870703

Geography

  • Parcel: 09-09-202-012
  • Lot: 55
  • Municipality: MCHENRY TWP
  • Latitude: 42.3952
  • Longitude: -88.3032

    Address

  • Full Address: 4707 Patty Ln
  • Address - House Number: 4707
  • Address - Street Name: Patty
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ringwood
  • Carrier Code: R001
  • 4-Digit Zip Code: 9680
  • Zip Code: 60072

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,159
  • Tax Rate Code Area: 09025

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 423,787
  • High Value: 487,442
  • Low Value: 360,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $295,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 07, 2022
  • First Open Lien Mortgage Loan Amount: $295,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2037

    Market Valuation

  • Market Total Value: $330,996
  • Market Land Value: $64,605
  • Market Improvement Value: $266,391

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,332
  • Assessed Land Value: $21,535
  • Assessed Improvements Value: $88,797

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Dec 07, 2022
  • Current Sale Transaction ID: 11899637445
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40522
  • Previous Sale Recording Date: Sep 02, 2020
  • Previous Sale Contract Date: Aug 21, 2020
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 07, 2022
  • First Mortgage Loan Amount: $295,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Dec 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Sep 02, 2020
  • Previous Mortgage Loan Amount: $327,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Country Crossings



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4707 Patty Lane located in?
The 4707 Patty Lane is a located in the neighborhood of Country Crossings in Country Crossings, Ringwood.
What is the average sales price for listings in 4707 Patty Lane?
The average sales price for units in 4707 Patty Lane is $0 currently.

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