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5218 Victor Drive

5218 Victor Drive, Mchenry, IL 60050
Property in Lakeland Park
Sold Oct 25, 2013
$138,000
$107,200 by Quicken Loans Inc
Mortgage Due Nov 01, 2043
5218 Victor Drive has been categorized by the local assessors in Mchenry, IL as a residential type of property. The building on the property was first built in 1978 and is 46 years old. There are 3 partial bathrooms in the home. In addition, 5218 Victor Drive has 1,120 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 662 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 5218 Victor Drive was last sold in Oct 9, 2013 for $138,000. According to our calculations, that's $123.21 per sqft. Current property owners are expected to pay $5,819 in taxes per year. The property on 5218 Victor Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $67,254. To break that down further, the land itself was valued at $8,133. While improvements to the property were assessed at a total of $59,121. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Combination
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 662
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKELAND PARK UNIT 3
  • Land Acres: 0.195
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2013R0051565 LT 9 BLK 14 LAKELAND PARK UNIT 3

Ownership

  • Current Owner : WEIBERG JOHN
  • Previous Owner : MILNER KEITH E
  • Previous Owner 2: MILNER RITA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870603

Geography

  • Parcel: 09-28-228-009
  • Block: 14
  • Lot: 9
  • Municipality: MCHENRY TWP
  • Latitude: 42.3559
  • Longitude: -88.3001

    Address

  • Full Address: 5218 Victor Dr
  • Legal Unit: 3
  • Address - House Number: 5218
  • Address - Street Name: Victor
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: C014
  • 4-Digit Zip Code: 3479
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,819
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.1608
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 275,830
  • High Value: 320,184
  • Low Value: 231,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,200
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 25, 2013
  • First Open Lien Mortgage Loan Amount: $107,200
  • 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: Nov 01, 2043

    Market Valuation

  • Market Total Value: $201,762
  • Market Land Value: $24,399
  • Market Improvement Value: $177,363

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,254
  • Assessed Land Value: $8,133
  • Assessed Improvements Value: $59,121

    Sales

  • Current Sale Contract Date: Oct 09, 2013
  • Current Sale Recording Date: Oct 25, 2013
  • Current Sale Transaction ID: 1082187138
  • Current Sale Price: $138,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013R0051565

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 25, 2013
  • First Mortgage Loan Amount: $107,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2043

About Lakeland Park



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Frequently Asked Questions

What neighborhood is 5218 Victor Drive located in?
The 5218 Victor Drive is a located in the neighborhood of Lakeland Park in Lakeland Park, Mchenry.
What is the average sales price for listings in 5218 Victor Drive?
The average sales price for units in 5218 Victor Drive is $0 currently.

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