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545 Lancaster Circle

545 Lancaster Circle, Elgin, IL 60123
545 Lancaster Circle has been categorized by the local assessors in Elgin, IL as a type of property. The building on the property was first built in 1995 and is 31 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 200 stories. In addition, 545 Lancaster Circle has 1,585 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

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 for those who require parking. According to our sources, there is one available parking space. 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 control joints. The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. Finally, the property is currently sourcing its water from system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 545 Lancaster Circle sold most recently in Nov 23, 2021 for a total of $226,000. If you work out the math, that's approximately a cost of $94.32 per sqft. Before that, the property was also sold for $140,000 in May 2, 2015. 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 $514,658 in taxes each year. 545 Lancaster Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $65,353. If we break it down further, the land itself was valued at $11,793. Improvements to the property, however, were assessed at a total of $53,560. 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. 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. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking

Pet Policy

Cats Allowed
Dogs Allowed

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210928 Unit 1
09/28/2021
1
2 Bed
3 Bath
1585 ft²
$235,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1585 ft²
$226,000 -3.83%
11/16/2021
Janet Baier
RE/MAX Destiny


Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 811
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,396
  • Gross Building Area: 2,396
  • Building Area: 1,585
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,585
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODBRIDGE
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: TOWNHOMES OF WOODBRIDGE BUILDING 15 UNIT 15-C-545

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851908

Geography

  • Parcel: 06-21-377-009
  • Municipality: ELGIN
  • Latitude: 42.0156
  • Longitude: -88.3334

    Address

  • Full Address: 545 Lancaster Cir
  • Address - House Number: 545
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Elgin
  • Carrier Code: R010
  • 4-Digit Zip Code: 5648
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $514,658
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 267,679
  • High Value: 308,965
  • Low Value: 226,393

    Market Valuation

  • Market Total Value: $196,137
  • Market Land Value: $35,393
  • Market Improvement Value: $160,744

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,353
  • Assessed Land Value: $11,793
  • Assessed Improvements Value: $53,560

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K088099
  • Previous Sale Recording Date: Oct 06, 2015
  • Previous Sale Contract Date: May 02, 2015
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Southwest Elgin



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Frequently Asked Questions

What neighborhood is 545 Lancaster Circle located in?
The 545 Lancaster Circle is a townhouse located in the neighborhood of Woodbridge Townhomes in Southwest Elgin, Elgin.
What is the average sales price for listings in 545 Lancaster Circle?
The average sales price for units in 545 Lancaster Circle is $0 currently.