714 Lake Road

714 Lake Road has been categorized by the local assessors in New Lenox, IL as a residential type of property. The area measurement of the land has been determined as 34,720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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, 714 Lake Road was last sold in Jan 13, 2022 for $169,900. Prior to that sales transaction, the property was sold for $146,500 in Mar 16, 2005. Current property owners are expected to pay $4,722 in taxes per year. The property on 714 Lake Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $54,574. To break that down further, the land itself was valued at $7,279. While improvements to the property were assessed at a total of $47,295. 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.