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607 Cortland Drive

607 Cortland Drive, Lake Zurich, IL 60047
Sold Nov 16, 2021
$439,000
$239,000 by First Centennial Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Oct 31, 2002
$332,000
$265,600 by Pillar Financial
Mortgage Due Oct 01, 2032
Local assessors in Lake Zurich, IL have categorized 607 Cortland Drive as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 9,444 square feet. 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 607 Cortland Drive has a total of 2,546 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 462 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. 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. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 27, 2021 for $439,000. That's $104.42 per sqft. Prior to that sales transaction, the property was also sold in Sep 20, 2002 for $332,000. 607 Cortland Drive was last assessed in 2023. The total value of the property was assessed at $136,760. Specifically, the land the property is located on was valued at $25,150. While improvements on the property were assessed at a total of $111,610. 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 $9,595. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,196
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,444
  • Total Building Area: 4,204
  • Gross Building Area: 4,204
  • Building Area: 2,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE ORCHARDS
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE ORCHARDS LOT 27

Ownership

  • Current Owner : IM SOK PIN
  • Current Owner 2: IM HELEN SU
  • Previous Owner : WENZEL KEVIN S
  • Previous Owner 2: WENZEL LAURA A
  • Owner Before Previous Owner: KIRCHNER MICHAEL D
  • Owner Before Previous Owner 2: KIRCHNER LISA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864411

Geography

  • Assessors Map Reference: 2698-C5
  • District: ELA
  • Parcel: 14-19-402-027
  • Lot: 27
  • Municipality: TWP OF ELA
  • Latitude: 42.1833
  • Longitude: -88.1104

    Address

  • Full Address: 607 Cortland Dr
  • Address - House Number: 607
  • Address - Street Name: Cortland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Zurich
  • Carrier Code: C008
  • 4-Digit Zip Code: 2366
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,595
  • Tax Rate Code Area: 15059

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 521,211
  • High Value: 609,370
  • Low Value: 433,052

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $239,000
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $239,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $410,321
  • Market Land Value: $75,458
  • Market Improvement Value: $334,863

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,760
  • Assessed Land Value: $25,150
  • Assessed Improvements Value: $111,610

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Transaction ID: 11869097276
  • Current Sale Price: $439,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7844419
  • Previous Sale Recording Date: Oct 31, 2002
  • Previous Sale Contract Date: Sep 20, 2002
  • Previous Sale Amount: $332,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 16, 2021
  • First Mortgage Loan Amount: $239,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PILLAR FINANCIAL
  • Previous Mortgage Transaction Date: Oct 31, 2002
  • Previous Mortgage Loan Amount: $265,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2032

About The Orchards



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Frequently Asked Questions

What neighborhood is 607 Cortland Drive located in?
The 607 Cortland Drive is a house located in the neighborhood of The Orchards in The Orchards, Lake Zurich.
What is the average sales price for listings in 607 Cortland Drive?
The average sales price for units in 607 Cortland Drive is $0 currently.

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