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555 Riley Lane

555 Riley Lane, Lake Zurich, IL 60047
Property in Hunter's Creek
Sold Aug 22, 2006
$330,000
$230,000 by Pinnacle Home Mortgage Co
Mortgage Due Aug 01, 2036
Sold Dec 09, 1997
$186,500
$167,850 by Mortgage Edge Corp
Mortgage Due Dec 01, 2027
555 Riley Lane in Lake Zurich, IL was first built in 1986 and is 38 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 555 Riley Lane has 1,484 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,724 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Jul 28, 2006 for $330,000. That's $120.35 per sqft. Prior to that sales transaction, the property was also sold in Nov 18, 1997 for $186,500. 555 Riley Lane was last assessed in 2023. The total value of the property was assessed at $123,278. Specifically, the land the property is located on was valued at $30,941. While improvements on the property were assessed at a total of $92,337. 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 $7,920. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 858
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,724
  • Total Building Area: 2,742
  • Gross Building Area: 2,742
  • Building Area: 1,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRISTOL TRAIL UNIT 1
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRISTOL TRAIL UNIT 1 LOT 2 BLOCK 8

Ownership

  • Current Owner : PICARDI CHARLIE
  • Current Owner 2: PICARDI LINDA
  • Previous Owner : CHUNG ERIC
  • Previous Owner 2: MYERS CHUNG SHANNON
  • Owner Before Previous Owner: WENDELL ROBERT F
  • Owner Before Previous Owner 2: WENDELL MICHELLE A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864410

Geography

  • Assessors Map Reference: 2699-C4
  • District: ELA
  • Parcel: 14-21-408-002
  • Block: 8
  • Lot: 2
  • Municipality: TWP OF ELA
  • Latitude: 42.1891
  • Longitude: -88.0631

    Address

  • Full Address: 555 Riley Ln
  • Legal Unit: 1
  • Address - House Number: 555
  • Address - Street Name: Riley
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Zurich
  • Carrier Code: R023
  • 4-Digit Zip Code: 1743
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,920
  • Tax Rate Code Area: 15059

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 428,896
  • High Value: 501,783
  • Low Value: 356,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: PINNACLE HOME MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 22, 2006
  • First Open Lien Mortgage Loan Amount: $230,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $369,871
  • Market Land Value: $92,832
  • Market Improvement Value: $277,039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,278
  • Assessed Land Value: $30,941
  • Assessed Improvements Value: $92,337

    Sales

  • Current Sale Contract Date: Jul 28, 2006
  • Current Sale Recording Date: Aug 22, 2006
  • Current Sale Transaction ID: 11459231040
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6046978
  • Previous Sale Recording Date: Dec 09, 1997
  • Previous Sale Contract Date: Nov 18, 1997
  • Previous Sale Amount: $186,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE HOME MORTGAGE CO
  • First Mortgage Transaction Date: Aug 22, 2006
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE EDGE CORP
  • Previous Mortgage Transaction Date: Dec 09, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $167,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2027

About Hunter's Creek



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Frequently Asked Questions

What neighborhood is 555 Riley Lane located in?
The 555 Riley Lane is a located in the neighborhood of Hunter's Creek in Hunter's Creek, Lake Zurich.
What is the average sales price for listings in 555 Riley Lane?
The average sales price for units in 555 Riley Lane is $0 currently.

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