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716 Paradise Lane

716 Paradise Lane, Libertyville, IL 60048
Sold Sep 12, 2023
$1,475,000
$995,000 by Marquette Bank
Mortgage Due Sep 01, 2053
Sold Jun 09, 2020
$1,170,000
$936,000 by Bank Of America Na
Mortgage Due May 01, 2050
Local assessors in Libertyville, IL have categorized 716 Paradise Lane as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 26,193 square feet. The linear feet between the front and back of the lot was measured at 2,100 ft and the front of the lot was measured at 1,250 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 716 Paradise Lane has a total of 4,597 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 753 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 13, 2023 for $1,475,000. That's $195.36 per sqft. Prior to that sales transaction, the property was also sold in Apr 3, 2020 for $1,170,000. 716 Paradise Lane was last assessed in 2023. The total value of the property was assessed at $433,981. Specifically, the land the property is located on was valued at $96,949. While improvements on the property were assessed at a total of $337,032. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $31,939. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,200
  • Garage Type: Attached
  • Garage Square Area: 753
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 26,193
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 7,550
  • Gross Building Area: 7,550
  • Building Area: 4,597
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,597
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARADISE PARK ESTS
  • Land Acres: 0.601
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARADISE PARK ESTS; LOT 33

Ownership

  • Current Owner : DAMORE ANDREW M
  • Current Owner 2: DAMORE CARRIE
  • Previous Owner : SCROGHAM STEVEN L
  • Previous Owner 2: SCROGHAM LINDSAY D
  • Owner Before Previous Owner: EYRE BRIK V
  • Owner Before Previous Owner 2: EYRE SUSAN Z
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Libertyville School District 70
  • Census Tract: 863604

Geography

  • District: LIBERTYVILLE
  • Parcel: 11-17-402-002
  • Lot: 33
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2908
  • Longitude: -87.9723

    Address

  • Full Address: 716 Paradise Ln
  • Address - House Number: 716
  • Address - Street Name: Paradise
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Libertyville
  • Carrier Code: C013
  • 4-Digit Zip Code: 1736
  • Zip Code: 60048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,939
  • Tax Rate Code Area: 11038

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 1,307,021
  • High Value: 1,529,561
  • Low Value: 1,084,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $995,000
  • First Open Lien Mortgage Lender: MARQUETTE BANK
  • First Open Lien Mortgage Recording Date: Sep 12, 2023
  • First Open Lien Mortgage Loan Amount: $995,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $1,302,073
  • Market Land Value: $290,876
  • Market Improvement Value: $1,011,197

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,981
  • Assessed Land Value: $96,949
  • Assessed Improvements Value: $337,032

    Sales

  • Current Sale Contract Date: Aug 13, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Transaction ID: 11912872562
  • Current Sale Price: $1,475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7994924
  • Previous Sale Recording Date: Jun 09, 2020
  • Previous Sale Contract Date: Apr 03, 2020
  • Previous Sale Amount: $1,170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARQUETTE BANK
  • First Mortgage Transaction Date: Sep 12, 2023
  • First Mortgage Loan Amount: $995,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 09, 2020
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $936,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2050

About Paradise Park Estates



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 716 Paradise Lane located in?
The 716 Paradise Lane is a located in the neighborhood of Paradise Park Estates in Paradise Park Estates, Libertyville.
What is the average sales price for listings in 716 Paradise Lane?
The average sales price for units in 716 Paradise Lane is $0 currently.

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