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707 Hayes Avenue

707 Hayes Avenue, Libertyville, IL 60048
Sold Aug 07, 2017
$485,000
$388,000 by Bbmc Mortgage Llc
Mortgage Due Aug 01, 2047
Sold Aug 25, 1999
$285,000
$175,000 by Mid America Bank Fsb
Mortgage Due Aug 01, 2029
707 Hayes Avenue 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 1976 and is 48 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 707 Hayes Avenue has 2,656 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 11,517 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 attached garage for those who require parking. The garage measured 420 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, 707 Hayes Avenue sold most recently in Jul 7, 2017 for a total of $485,000. If you work out the math, that's approximately a cost of $114.12 per sqft. Before that, the property was also sold for $285,000 in Jul 29, 1999. 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 $12,995 in taxes each year. 707 Hayes Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $174,528. If we break it down further, the land itself was valued at $61,279. Improvements to the property, however, were assessed at a total of $113,249. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1976
  • Effective Year Built: 1976
  • 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: 1,174
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,517
  • Total Building Area: 4,250
  • Gross Building Area: 4,250
  • Building Area: 2,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE LIBERTYVILLEUNIT 9
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMBRIDGE LIBERTYVILLEUNIT 9 LOT 367

Ownership

  • Current Owner : LEONARD DANIEL
  • Current Owner 2: LEONARD CAROLYN
  • Previous Owner : SIMUNDZA CRAIG
  • Previous Owner 2: THE SIMUNDZA FAMILY TRUST
  • Owner Before Previous Owner: PUTNAM CAROLYN JEAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Libertyville School District 70
  • Census Tract: 863903

Geography

  • Assessors Map Reference: 2591-C6
  • District: LIBERTYVILLE
  • Parcel: 11-21-309-011
  • Lot: 367
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2727
  • Longitude: -87.9632

    Address

  • Full Address: 707 Hayes Ave
  • Legal Unit: 9
  • Address - House Number: 707
  • Address - Street Name: Hayes
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Libertyville
  • Carrier Code: C014
  • 4-Digit Zip Code: 3115
  • Zip Code: 60048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,995
  • Tax Rate Code Area: 11038

    Appraisal Valuation

  • Standard Deviation: 0.1527
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 623,744
  • High Value: 719,022
  • Low Value: 528,466

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: BBMC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 07, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $388,000
  • 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: Aug 01, 2047

    Market Valuation

  • Market Total Value: $523,636
  • Market Land Value: $183,855
  • Market Improvement Value: $339,781

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,528
  • Assessed Land Value: $61,279
  • Assessed Improvements Value: $113,249

    Sales

  • Current Sale Contract Date: Jul 07, 2017
  • Current Sale Recording Date: Aug 07, 2017
  • Current Sale Transaction ID: 1732311219
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7417351
  • Previous Sale Recording Date: Aug 25, 1999
  • Previous Sale Contract Date: Jul 29, 1999
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BBMC MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 07, 2017
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MID AMERICA BANK FSB
  • Previous Mortgage Transaction Date: Aug 25, 1999
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2029

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Frequently Asked Questions

What neighborhood is 707 Hayes Avenue located in?
The 707 Hayes Avenue is a located in the neighborhood of Cambridge-Liberty Village in Cambridge-Liberty Village, Libertyville.
What is the average sales price for listings in 707 Hayes Avenue?
The average sales price for units in 707 Hayes Avenue is $0 currently.

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