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5517 Oak Grove Circle

5517 Oak Grove Circle, Lake Zurich, IL 60047
Property in Oak Hills
Sold Jul 11, 2007
$535,000
$345,600 by Provident Funding Group Inc
Mortgage Due Oct 01, 2042
Sold Jan 19, 1996
$300,000
$207,000 by Provident Mtg
Mortgage Due Feb 01, 2026
5517 Oak Grove Circle has been categorized by the local assessors in Lake Zurich, IL as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 11 rooms. 4 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, 5517 Oak Grove Circle has 3,023 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,292 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 43,996 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 attached garage for those who require parking. The garage measured 735 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying 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 B by the local assessor. The exterior walls of the building are made of wood. 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. Finally, the property is currently sourcing its water from a well system. The property was last sold in Jun 29, 2007 for $535,000. That's $116.38 per sqft. Prior to that sales transaction, the property was also sold in Jan 15, 1996 for $300,000. 5517 Oak Grove Circle was last assessed in 2023. The total value of the property was assessed at $164,330. Specifically, the land the property is located on was valued at $39,789. While improvements on the property were assessed at a total of $124,541. 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 $14,108. 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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,292
  • Garage Type: Attached
  • Garage Square Area: 735
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 4,597
  • Gross Building Area: 4,597
  • Building Area: 3,023
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,023
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: OAK HILLS UNIT 2-D
  • Land Acres: 1.01
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK HILLS UNIT 2-D;LOT 59

Ownership

  • Current Owner : LIU JINGUANG
  • Current Owner 2: LIU JIE
  • Previous Owner : PAPPAGEORGE ANTHONY C
  • Previous Owner 2: PAPPAGEORGE YVONNE
  • Owner Before Previous Owner: BAUMEISTER GORDON B
  • Owner Before Previous Owner 2: BAUMEISTER MARLENE E
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Kildeer Countryside Community Consolidated School District 96
  • Census Tract: 864517

Geography

  • District: VERNON
  • Parcel: 15-20-104-013
  • Lot: 59
  • Municipality: TWP OF VERNON
  • Latitude: 42.1931
  • Longitude: -87.976

    Address

  • Full Address: 5517 Oak Grove Cir
  • Legal Unit: 2-D
  • Address - House Number: 5517
  • Address - Street Name: Oak Grove
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Long Grove
  • Carrier Code: R006
  • 4-Digit Zip Code: 5208
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,108
  • Tax Rate Code Area: 16035

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 587,168
  • High Value: 675,621
  • Low Value: 498,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,600
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 05, 2012
  • First Open Lien Mortgage Loan Amount: $345,600
  • 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: Oct 01, 2042

    Market Valuation

  • Market Total Value: $493,039
  • Market Land Value: $119,379
  • Market Improvement Value: $373,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,330
  • Assessed Land Value: $39,789
  • Assessed Improvements Value: $124,541

    Sales

  • Current Sale Contract Date: Jun 29, 2007
  • Current Sale Recording Date: Jul 11, 2007
  • Current Sale Transaction ID: 11459217316
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6211074
  • Previous Sale Recording Date: Jan 19, 1996
  • Previous Sale Contract Date: Jan 15, 1996
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMELAND MORTGAGE CO
  • First Mortgage Transaction Date: Jul 11, 2007
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT MTG
  • Previous Mortgage Transaction Date: Jan 19, 1996
  • Previous Mortgage Loan Amount: $207,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2026

About Oak Hills



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Frequently Asked Questions

What neighborhood is 5517 Oak Grove Circle located in?
The 5517 Oak Grove Circle is a located in the neighborhood of Oak Hills in Oak Hills, Lake Zurich.
What is the average sales price for listings in 5517 Oak Grove Circle?
The average sales price for units in 5517 Oak Grove Circle is $0 currently.

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