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4830 Castaway Lane

4830 Castaway Lane, Barrington, IL 60010
Property in Palatine
Sold Aug 24, 2021
$450,000
$367,500 by Mortgage Mac
Mortgage Due May 01, 2053
Sold Oct 08, 2002
$389,000
$220,000 by Americorp Mtg Funding Inc
Mortgage Due Nov 01, 2007
4830 Castaway Lane in Barrington, IL was first built in 1984 and is 40 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 unknown. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4830 Castaway Lane has 2,617 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 8,350 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. 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 wood. 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 heating system. 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. Based on our sources, 4830 Castaway Lane was last sold in Jul 27, 2021 for $450,000. According to our calculations, that's $171.95 per sqft. Prior to that sales transaction, the property was sold for $389,000 in Oct 3, 2002. Current property owners are expected to pay $11,789 in taxes per year. The property on 4830 Castaway Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $43,001. To break that down further, the land itself was valued at $8,768. While improvements to the property were assessed at a total of $34,233. 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. 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. 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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,350
  • Total Building Area: 2,617
  • Gross Building Area: 2,617
  • Building Area: 2,617
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,617
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND WOODS UNIT2
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HIGHLAND)(WOODS)(UNIT2) BEING SUB OF PT OF WH SW SEC 18-42-10

Ownership

  • Current Owner : LEE SUNG MOON
  • Current Owner 2: PARK JI WON
  • Previous Owner : WALTENSPIEL HERBERT F
  • Previous Owner 2: WALTENSPIEL CYNTHIA L
  • Owner Before Previous Owner: KOMPERDA STANLEY
  • Owner Before Previous Owner 2: KOMPERDA CHRISTINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803603

Geography

  • District: 29
  • Parcel: 02-18-313-059-0000
  • Block: 1
  • Lot: 59
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1113
  • Longitude: -88.1201

    Address

  • Full Address: 4830 Castaway Ln
  • Legal Unit: 2
  • Address - House Number: 4830
  • Address - Street Name: Castaway
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C031
  • 4-Digit Zip Code: 5519
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,789
  • Tax Rate Code Area: 29055

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 548,115
  • High Value: 672,625
  • Low Value: 423,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,500
  • First Open Lien Mortgage Lender: MORTGAGE MAC
  • First Open Lien Mortgage Recording Date: Apr 13, 2023
  • First Open Lien Mortgage Loan Amount: $367,500
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $430,010
  • Market Land Value: $87,680
  • Market Improvement Value: $342,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,001
  • Assessed Land Value: $8,768
  • Assessed Improvements Value: $34,233

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Transaction ID: 11851082639
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2123641300
  • Previous Sale Recording Date: Oct 08, 2002
  • Previous Sale Contract Date: Oct 03, 2002
  • Previous Sale Amount: $389,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 24, 2021
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICORP MTG FUNDING INC
  • Previous Mortgage Transaction Date: Oct 08, 2002
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Nov 01, 2007

About Hoffman Estates



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Frequently Asked Questions

What neighborhood is 4830 Castaway Lane located in?
The 4830 Castaway Lane is a located in the neighborhood of Palatine in Hoffman Estates, Barrington.
What is the average sales price for listings in 4830 Castaway Lane?
The average sales price for units in 4830 Castaway Lane is $0 currently.

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