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5 Ambrose Lane

5 Ambrose Lane, Barrington, IL 60010
Property in Barrington
Sold Aug 18, 2021
$850,000
$680,000 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2051
5 Ambrose Lane in Barrington, IL was first built in 1989 and is 35 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 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 5 Ambrose Lane has 4,288 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 59,095 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 3 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 masonry 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 masonry. 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, 5 Ambrose Lane was last sold in Jul 22, 2021 for $850,000. According to our calculations, that's $198.23 per sqft. Current property owners are expected to pay $18,508 in taxes per year. The property on 5 Ambrose Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $78,353. To break that down further, the land itself was valued at $23,638. While improvements to the property were assessed at a total of $54,715. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 59,095
  • Total Building Area: 4,288
  • Gross Building Area: 4,288
  • Building Area: 4,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLEN/BARRINGTON #6A
  • Land Acres: 1.357
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LUCIDO SCOTT
  • Current Owner 2: LUCIDO JENNIE L
  • Previous Owner : COGSWELL KIM M
  • Previous Owner 2: COGSWELL DOUG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 804203

Geography

  • District: 10
  • Parcel: 01-35-203-026-0000
  • Lot: 60
  • Municipality: BARRINGTON
  • Latitude: 42.0772
  • Longitude: -88.1504

    Address

  • Full Address: 5 Ambrose Ln
  • Address - House Number: 5
  • Address - Street Name: Ambrose
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: South Barrington
  • Carrier Code: R006
  • 4-Digit Zip Code: 9501
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,508
  • Tax Rate Code Area: 10041

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,029,890
  • High Value: 1,263,840
  • Low Value: 795,939

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $835,300
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $680,000
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 07, 2022
  • Second Open Lien Mortgage Loan Amount: $155,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 06, 2052

    Market Valuation

  • Market Total Value: $783,530
  • Market Land Value: $236,380
  • Market Improvement Value: $547,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,353
  • Assessed Land Value: $23,638
  • Assessed Improvements Value: $54,715

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11850233650
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2123049254

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Barrington



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Frequently Asked Questions

What neighborhood is 5 Ambrose Lane located in?
The 5 Ambrose Lane is a located in the neighborhood of Barrington in South Barrington, Barrington.
What is the average sales price for listings in 5 Ambrose Lane?
The average sales price for units in 5 Ambrose Lane is $0 currently.

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