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537 Cress Creek Lane

537 Cress Creek Lane, Crystal Lake, IL 60014
Sold Apr 12, 2012
$128,750
$125,442 by Platinum Home Mortgage Corp
Mortgage Due Apr 01, 2042
537 Cress Creek Lane has been categorized by the local assessors in Crystal Lake, IL as a residential type of property. The building on the property was first built in 1980 and is 44 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 537 Cress Creek Lane has 1,942 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 990 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 2,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Mar 30, 2012 for $128,750. That's $43.38 per sqft. 537 Cress Creek Lane was last assessed in 2022. The total value of the property was assessed at $66,129. Specifically, the land the property is located on was valued at $14,869. While improvements on the property were assessed at a total of $51,260. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,696. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,026
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,970
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,968
  • Building Area: 1,942
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,942
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOUR COLONIES TOWNHOUSES UNIT 2
  • Land Acres: 0.68
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2012R0016134 LT 10 FOUR COLONIES TOWNHOUSES UNIT 2

Ownership

  • Current Owner : KIM SUNG
  • Current Owner 2: OK CHIN
  • Previous Owner : DELANEY BETTY G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 871301

Geography

  • Parcel: 19-07-276-027
  • Block: 276
  • Lot: 10
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2224
  • Longitude: -88.3401

    Address

  • Full Address: 537 Cress Creek Ln
  • Legal Unit: 2
  • Address - House Number: 537
  • Address - Street Name: Cress Creek
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crystal Lake
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,696
  • Tax Rate Code Area: 19002

    Appraisal Valuation

  • Standard Deviation: 0.2345
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 305,450
  • High Value: 377,101
  • Low Value: 233,800

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $150,216
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 12, 2012
  • First Open Lien Mortgage Loan Amount: $125,442
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 01, 2021
  • Second Open Lien Mortgage Loan Amount: $24,774
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $198,387
  • Market Land Value: $44,607
  • Market Improvement Value: $153,780

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,129
  • Assessed Land Value: $14,869
  • Assessed Improvements Value: $51,260

    Sales

  • Current Sale Contract Date: Mar 30, 2012
  • Current Sale Recording Date: Apr 12, 2012
  • Current Sale Transaction ID: 1076589560
  • Current Sale Price: $128,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012R0016134

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 12, 2012
  • First Mortgage Loan Amount: $125,442
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2042

About Four Colonies



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 537 Cress Creek Lane located in?
The 537 Cress Creek Lane is a located in the neighborhood of Four Colonies Townhouses in Four Colonies, Crystal Lake.
What is the average sales price for listings in 537 Cress Creek Lane?
The average sales price for units in 537 Cress Creek Lane is $0 currently.

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