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616 Harvard Lane

616 Harvard Lane, Libertyville, IL 60048
Sold Oct 30, 2020
$365,000
$328,500 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2050
Sold Jun 03, 2013
$310,000
$299,653 by Diamond Residential Mortgage C
Mortgage Due Jun 01, 2043
616 Harvard Lane has been categorized by the local assessors in Libertyville, IL as a residential type of property. The building on the property was first built in 1969 and is 55 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 616 Harvard Lane has 1,363 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 9,766 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 400 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 B by the local assessor. The exterior walls of the building are made of alum/vinyl siding. 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 municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 616 Harvard Lane was last sold in Jul 31, 2020 for $365,000. According to our calculations, that's $207.03 per sqft. Prior to that sales transaction, the property was sold for $310,000 in May 16, 2013. Current property owners are expected to pay $9,132 in taxes per year. The property on 616 Harvard Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $124,315. To break that down further, the land itself was valued at $61,279. While improvements to the property were assessed at a total of $63,036. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,766
  • Total Building Area: 1,763
  • Gross Building Area: 1,763
  • Building Area: 1,363
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,363
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE LIBERTYVILLEUNIT THREE
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMBRIDGE LIBERTYVILLEUNIT THREE LOT 76

Ownership

  • Current Owner : WILLIAMS MATTHEW
  • Current Owner 2: WILLIAMS LAURA
  • Previous Owner : JONES ROBERT L
  • Previous Owner 2: JONES CHRISTINA D
  • Owner Before Previous Owner: DUNN MARRS JAMES R
  • Owner Before Previous Owner 2: DUNN MARRS DEBORAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Libertyville School District 70
  • Census Tract: 863801

Geography

  • District: LIBERTYVILLE
  • Parcel: 11-21-416-035
  • Lot: 76
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2705
  • Longitude: -87.9462

    Address

  • Full Address: 616 Harvard Ln
  • Legal Unit: 3
  • Address - House Number: 616
  • Address - Street Name: Harvard
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Libertyville
  • Carrier Code: C024
  • 4-Digit Zip Code: 3448
  • Zip Code: 60048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,132
  • Tax Rate Code Area: 11038

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 471,435
  • High Value: 544,280
  • Low Value: 398,589

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $328,500
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $372,982
  • Market Land Value: $183,855
  • Market Improvement Value: $189,127

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,315
  • Assessed Land Value: $61,279
  • Assessed Improvements Value: $63,036

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11802289501
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7711063
  • Previous Sale Recording Date: Jun 03, 2013
  • Previous Sale Contract Date: May 16, 2013
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $328,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • Previous Mortgage Transaction Date: Jun 03, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $299,653
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2043

About Red Top Farm of Libertyville



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$5,900 /mo

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756 Stonegate Road, Libertyville, IL, 60048 Listing by Luigui Corral

Frequently Asked Questions

What neighborhood is 616 Harvard Lane located in?
The 616 Harvard Lane is a located in the neighborhood of Red Top Farm of Libertyville in Red Top Farm of Libertyville, Libertyville.
What is the average sales price for listings in 616 Harvard Lane?
The average sales price for units in 616 Harvard Lane is $0 currently.

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