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545 North Silver Leaf Lane

545 North Silver Leaf Lane, Round Lake, IL 60073
Property in Silver Leaf Glen
Sold Jul 21, 2021
$370,000
$363,247 by Solutions Financial Mortgage C
Mortgage Due Jul 01, 2051
Sold Aug 02, 2005
$328,500
$250,000 by Ryland Mortgage Co
Mortgage Due Jul 01, 2035
545 North Silver Leaf Lane has been categorized by the local assessors in Round Lake, IL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. 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, 545 North Silver Leaf Lane has 2,992 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 14,645 square feet.

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 attached garage for those who require parking. The garage measured 576 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. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. 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 North Silver Leaf Lane sold most recently in May 3, 2021 for a total of $370,000. If you work out the math, that's approximately a cost of $75.08 per sqft. Before that, the property was also sold for $328,500 in Jun 30, 2005. 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 $10,471 in taxes each year. 545 North Silver Leaf Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $131,641. If we break it down further, the land itself was valued at $26,171. Improvements to the property, however, were assessed at a total of $105,470. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,360
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,645
  • Total Building Area: 4,928
  • Gross Building Area: 4,928
  • Building Area: 2,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER LEAF GLEN UNIT TWO SUBDIVISION
  • Land Acres: 0.336
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SILVER LEAF GLEN UNIT TWO SUBDIVISION; LOT 141

Ownership

  • Current Owner : HOLBY JENNA A
  • Previous Owner : TRUSS JENNIFER W
  • Previous Owner 2: TRUSS SCOTT C
  • Owner Before Previous Owner: THE RYLAND GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860906

Geography

  • Assessors Map Reference: 2530-E1
  • District: GRANT
  • Parcel: 05-23-407-020
  • Lot: 141
  • Municipality: TWP OF GRANT
  • Latitude: 42.3586
  • Longitude: -88.1415

    Address

  • Full Address: 545 N Silver Leaf Ln
  • Legal Unit: 2
  • Address - House Number: 545
  • Street Direction: N
  • Address - Street Name: Silver Leaf
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Round Lake
  • Carrier Code: R009
  • 4-Digit Zip Code: 5265
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,471
  • Tax Rate Code Area: 6021

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 426,915
  • High Value: 500,453
  • Low Value: 353,377

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $363,247
  • First Open Lien Mortgage Lender: SOLUTIONS FINANCIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $363,247
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $394,963
  • Market Land Value: $78,521
  • Market Improvement Value: $316,442

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,641
  • Assessed Land Value: $26,171
  • Assessed Improvements Value: $105,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Transaction ID: 11853783975
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7810029
  • Previous Sale Recording Date: Aug 02, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $328,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOLUTIONS FINANCIAL MORTGAGE C
  • First Mortgage Transaction Date: Jul 21, 2021
  • First Mortgage Loan Amount: $363,247
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RYLAND MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 02, 2005
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Silver Leaf Glen



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Frequently Asked Questions

What neighborhood is 545 North Silver Leaf Lane located in?
The 545 North Silver Leaf Lane is a located in the neighborhood of Silver Leaf Glen in Silver Leaf Glen, Round Lake.
What is the average sales price for listings in 545 North Silver Leaf Lane?
The average sales price for units in 545 North Silver Leaf Lane is $0 currently.

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