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7127 Meadow Lane

7127 Meadow Lane, Cary, IL 60013
Property in Saddle Oaks
Refi Oct 09, 2020
Transfer
$289,992 by Clearpath Lending
Mortgage Due Oct 01, 2050
7127 Meadow Lane has been categorized by the local assessors in Cary, 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7127 Meadow Lane has 2,822 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 4,050 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 48,600 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. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $9,307 in taxes per year. The property on 7127 Meadow Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $115,478. To break that down further, the land itself was valued at $24,007. While improvements to the property were assessed at a total of $91,471. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Split level
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,886
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 48,600
  • Lot Size Depth Feet: 4,050
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 3,772
  • Building Area: 2,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,822
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS 1ST ADDN
  • Land Acres: 1
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2020R0041879 LT 9 THE MEADOWS 1ST ADDN

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871305

Geography

  • Parcel: 20-08-226-004
  • Block: 226
  • Lot: 9
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2259
  • Longitude: -88.2023

    Address

  • Full Address: 7127 Meadow Ln
  • Address - House Number: 7127
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Cary
  • Carrier Code: R005
  • 4-Digit Zip Code: 2361
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,307
  • Tax Rate Code Area: 20041

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 476,887
  • High Value: 548,906
  • Low Value: 404,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,992
  • First Open Lien Mortgage Lender: CLEARPATH LENDING
  • First Open Lien Mortgage Recording Date: Oct 09, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $289,992
  • 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, 2050

    Market Valuation

  • Market Total Value: $346,434
  • Market Land Value: $72,021
  • Market Improvement Value: $274,413

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,478
  • Assessed Land Value: $24,007
  • Assessed Improvements Value: $91,471

About Saddle Oaks



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Frequently Asked Questions

What neighborhood is 7127 Meadow Lane located in?
The 7127 Meadow Lane is a located in the neighborhood of Saddle Oaks in Saddle Oaks, Cary.
What is the average sales price for listings in 7127 Meadow Lane?
The average sales price for units in 7127 Meadow Lane is $0 currently.

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