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5 Clipper Court

5 Clipper Court, Grayslake, IL 60030
Property in Mariner's Cove
Sold Jun 24, 2002
$237,500
$91,000 by Baxter Cu
Mortgage Due Aug 01, 2033
Sold Jun 04, 1996
$184,000
$115,000 by The Northern Trust Company
Mortgage Due Jun 01, 2026
5 Clipper Court in Grayslake, IL was first built in 1985 and is 39 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 conventional style. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5 Clipper Court has 2,098 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 8,507 square feet.

Learn more about the property and building on this page. There is a unknown and 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 400 sqft. 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 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. 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 Clipper Court was last sold in May 24, 2002 for $237,500. According to our calculations, that's $71.34 per sqft. Prior to that sales transaction, the property was sold for $184,000 in Apr 27, 1996. Current property owners are expected to pay $9,654 in taxes per year. The property on 5 Clipper Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $107,423. To break that down further, the land itself was valued at $15,196. While improvements to the property were assessed at a total of $92,227. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 831
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,507
  • Total Building Area: 3,329
  • Gross Building Area: 3,329
  • Building Area: 2,098
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,098
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEE FRYS MARINERS COVE UNIT 1
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEE FRYS MARINERS COVE UNIT 1; LOT 60

Ownership

  • Current Owner : SHAW FORREST G
  • Current Owner 2: SHAW JULIE A
  • Previous Owner : YANKO JOHN P
  • Previous Owner 2: YANKO SHEILA K
  • Owner Before Previous Owner: OBRIEN NEIL T
  • Owner Before Previous Owner 2: BOHANNAN SARAH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grayslake Consolidated Community School District 46
  • Census Tract: 861611

Geography

  • Assessors Map Reference: 2533-D1
  • District: WARREN
  • Parcel: 07-19-304-028
  • Lot: 60
  • Municipality: TWP OF WARREN
  • Latitude: 42.3629
  • Longitude: -88.0029

    Address

  • Full Address: 5 Clipper Ct
  • Legal Unit: 1
  • Address - House Number: 5
  • Address - Street Name: Clipper
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Third Lake
  • Carrier Code: C008
  • 4-Digit Zip Code: 2602
  • Zip Code: 60030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,654
  • Tax Rate Code Area: 8067

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 370,240
  • High Value: 433,091
  • Low Value: 307,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,000
  • First Open Lien Mortgage Lender: BAXTER CU
  • First Open Lien Mortgage Recording Date: Aug 21, 2003
  • First Open Lien Mortgage Loan Amount: $91,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2033

    Market Valuation

  • Market Total Value: $322,302
  • Market Land Value: $45,593
  • Market Improvement Value: $276,709

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,423
  • Assessed Land Value: $15,196
  • Assessed Improvements Value: $92,227

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2002
  • Current Sale Recording Date: Jun 24, 2002
  • Current Sale Transaction ID: 11458855092
  • Current Sale Price: $237,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4950552
  • Previous Sale Recording Date: Jun 04, 1996
  • Previous Sale Contract Date: Apr 27, 1996
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Mortgage Transaction Date: Jun 24, 2002
  • First Mortgage Loan Amount: $107,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: THE NORTHERN TRUST COMPANY
  • Previous Mortgage Transaction Date: Jun 04, 1996
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2026

About Mariner's Cove



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Frequently Asked Questions

What neighborhood is 5 Clipper Court located in?
The 5 Clipper Court is a located in the neighborhood of Mariner's Cove in Mariner's Cove, Grayslake.
What is the average sales price for listings in 5 Clipper Court?
The average sales price for units in 5 Clipper Court is $0 currently.

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