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7 Hollycourt Terrace

7 Hollycourt Terrace, Lake Zurich, IL 60047
Property in Ela
Sold Oct 09, 2001
$175,000
$128,700 by Pentagon Fcu
Mortgage Due May 01, 2041
7 Hollycourt Terrace 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 1955 and is 69 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7 Hollycourt Terrace has 1,850 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 9,296 square feet.

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 detached garage for those who require parking. The garage measured 484 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 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 Hollycourt Terrace sold most recently in Aug 17, 2001 for a total of $175,000. If you work out the math, that's approximately a cost of $94.59 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,996 in taxes each year. 7 Hollycourt Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $92,295. If we break it down further, the land itself was valued at $17,379. Improvements to the property, however, were assessed at a total of $74,916. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,296
  • Total Building Area: 1,850
  • Gross Building Area: 1,850
  • Building Area: 1,850
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,850
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9TH.ADD.
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 9TH.ADD.TO BAZUR UNIT 2 LOT 210

Ownership

  • Current Owner : GATZA DON
  • Current Owner 2: VARGAS CLAUDIA
  • Previous Owner : HANSEN BRADLEY B
  • Previous Owner 2: HANSEN ELIZABETH H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864408

Geography

  • Assessors Map Reference: 2698-C1
  • District: ELA
  • Parcel: 14-18-201-009
  • Lot: 210
  • Municipality: TWP OF ELA
  • Latitude: 42.2112
  • Longitude: -88.1082

    Address

  • Full Address: 7 Hollycourt Ter
  • Legal Unit: 2
  • Address - House Number: 7
  • Address - Street Name: Hollycourt
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Lake Zurich
  • Carrier Code: C005
  • 4-Digit Zip Code: 1213
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,996
  • Tax Rate Code Area: 15059

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 338,103
  • High Value: 396,016
  • Low Value: 280,191

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,700
  • First Open Lien Mortgage Lender: PENTAGON FCU
  • First Open Lien Mortgage Recording Date: May 09, 2011
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $128,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2041

    Market Valuation

  • Market Total Value: $276,912
  • Market Land Value: $52,142
  • Market Improvement Value: $224,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,295
  • Assessed Land Value: $17,379
  • Assessed Improvements Value: $74,916

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2001
  • Current Sale Recording Date: Oct 09, 2001
  • Current Sale Transaction ID: 11458806016
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4776023

    Last Sale Mortgage

  • First Mortgage Lender: KEY MTG SERVICES INC
  • First Mortgage Transaction Date: Oct 09, 2001
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2031
  • Second Mortgage Loan Amount: $26,250

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lake Zurich



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Frequently Asked Questions

What neighborhood is 7 Hollycourt Terrace located in?
The 7 Hollycourt Terrace is a located in the neighborhood of Ela in Lake Zurich, Lake Zurich.
What is the average sales price for listings in 7 Hollycourt Terrace?
The average sales price for units in 7 Hollycourt Terrace is $0 currently.

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