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582 Capital Lane

582 Capital Lane, Gurnee, IL 60031
Property in Washington Park
Sold Jan 28, 2016
$361,990
$200,000 by Provident Mortgage Corp
Mortgage Due Feb 01, 2046
Sold Oct 26, 1995
$259,500
$200,000 by Cornerstone Mtg Group Ltd
Mortgage Due Nov 01, 2025
Local assessors in Gurnee, IL have categorized 582 Capital Lane as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 10,019 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 582 Capital Lane has a total of 3,013 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 620 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 21, 2016 for $361,990. That's $69.11 per sqft. Prior to that sales transaction, the property was also sold in Oct 24, 1995 for $259,500. 582 Capital Lane was last assessed in 2023. The total value of the property was assessed at $139,997. Specifically, the land the property is located on was valued at $21,472. While improvements on the property were assessed at a total of $118,525. 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 $12,567. 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. 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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,605
  • Garage Type: Attached
  • Garage Square Area: 620
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 5,238
  • Gross Building Area: 5,238
  • Building Area: 3,013
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,013
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON PARK SUBDIVISION
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WASHINGTON PARK SUBDIVISION; LOT 64

Ownership

  • Current Owner : WENTE BRIAN D
  • Current Owner 2: WENTE NICOLE R
  • Previous Owner : WILLIAMS DENNIS D
  • Previous Owner 2: WILLIAMS DONNA M
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861611

Geography

  • Assessors Map Reference: 2534-B1
  • District: WARREN
  • Parcel: 07-20-103-011
  • Lot: 64
  • Municipality: TWP OF WARREN
  • Latitude: 42.3662
  • Longitude: -87.9801

    Address

  • Full Address: 582 Capital Ln
  • Address - House Number: 582
  • Address - Street Name: Capital
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R014
  • 4-Digit Zip Code: 4495
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,567
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 521,112
  • High Value: 609,285
  • Low Value: 432,938

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PROVIDENT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 28, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Feb 01, 2046

    Market Valuation

  • Market Total Value: $420,033
  • Market Land Value: $64,422
  • Market Improvement Value: $355,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,997
  • Assessed Land Value: $21,472
  • Assessed Improvements Value: $118,525

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 21, 2016
  • Current Sale Recording Date: Jan 28, 2016
  • Current Sale Transaction ID: 1421353667
  • Current Sale Price: $361,990
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7264961
  • Previous Sale Recording Date: Oct 26, 1995
  • Previous Sale Contract Date: Oct 24, 1995
  • Previous Sale Amount: $259,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 28, 2016
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE MTG GROUP LTD
  • Previous Mortgage Transaction Date: Oct 26, 1995
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2025

About Washington Park



Similar Buildings

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Nearby Rentals

Unit for rent at 6828 W Monticello Court, Gurnee, IL, 60031

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,603 ft²
6828 W Monticello Court, Gurnee, IL, 60031 Listing by David Pickard

Frequently Asked Questions

What neighborhood is 582 Capital Lane located in?
The 582 Capital Lane is a located in the neighborhood of Washington Park in Washington Park, Gurnee.
What is the average sales price for listings in 582 Capital Lane?
The average sales price for units in 582 Capital Lane is $0 currently.

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