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5 Monarch Court

5 Monarch Court, Lake In The Hills, IL 60156
Sold Aug 19, 2020
$269,000
$264,029 by First Centennial Mortgage Corp
Mortgage Due Sep 01, 2050
Sold Apr 04, 1994
$160,500
$156,251 by Draper & Kramer Inc
Mortgage Due Apr 01, 2024
Local assessors in Lake In The Hills, IL have categorized 5 Monarch Court as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 8,461 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. If we look only at the heated or air conditioned part of the building, then 5 Monarch Court has a total of 2,306 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 468 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 441 sqft. 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. Residents rely on central air conditioning for their cooling system. 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, 5 Monarch Court sold most recently in Aug 7, 2020 for a total of $269,000. If you work out the math, that's approximately a cost of $100.22 per sqft. Before that, the property was also sold for $160,500 in Jan 1, 1970. 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 $6,895 in taxes each year. 5 Monarch Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $88,184. If we break it down further, the land itself was valued at $5,717. Improvements to the property, however, were assessed at a total of $82,467. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 468
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,461
  • Total Building Area: 2,684
  • Building Area: 2,306
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,306
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING LAKE FARM SOUTH
  • Land Acres: 0.194
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2020R0032492 LT 188 SPRING LAKE FARM SOUTH UNIT 1

Ownership

  • Current Owner : TEIFELD SEAN
  • Current Owner 2: TEIFELD RACHEL M
  • Previous Owner : MORIN BRIAN S
  • Previous Owner 2: MORIN DENISE M
  • Owner Before Previous Owner: SUNDANCE KACO LTD PARTNERSHIP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871111

Geography

  • Parcel: 18-26-151-013
  • Block: 151
  • Lot: 188
  • Municipality: GRAFTON TWP
  • Latitude: 42.178
  • Longitude: -88.3928

    Address

  • Full Address: 5 Monarch Ct
  • Legal Unit: 1
  • Address - House Number: 5
  • Address - Street Name: Monarch
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Lake In The Hills
  • Carrier Code: R011
  • 4-Digit Zip Code: 5829
  • Zip Code: 60156

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,895
  • Tax Rate Code Area: 18038

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 362,456
  • High Value: 417,154
  • Low Value: 307,758

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,029
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 19, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $264,029
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $264,552
  • Market Land Value: $17,151
  • Market Improvement Value: $247,401

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,184
  • Assessed Land Value: $5,717
  • Assessed Improvements Value: $82,467

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11783481949
  • Current Sale Price: $269,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0032492
  • Previous Sale Recording Date: Apr 04, 1994
  • Previous Sale Amount: $160,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 19, 2020
  • First Mortgage Loan Amount: $264,029
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER INC
  • Previous Mortgage Transaction Date: Apr 04, 1994
  • Previous Mortgage Loan Amount: $156,251
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2024

About Spring Lake Farms South



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Nearby Rentals

Unit for rent at 11861 Davis Lane, Huntley, IL, 60142

$3,230 /mo

  • 4 Beds
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  • 2,308 ft²
11861 Davis Lane, Huntley, IL, 60142 Listing by Tracy Nosalik

Frequently Asked Questions

What neighborhood is 5 Monarch Court located in?
The 5 Monarch Court is a located in the neighborhood of Spring Lake Farms South in Spring Lake Farms South, Lake In The Hills.
What is the average sales price for listings in 5 Monarch Court?
The average sales price for units in 5 Monarch Court is $0 currently.

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