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840 Warwick Lane

840 Warwick Lane, Lake Zurich, IL 60047
Property in Chestnut Corners
Sold Nov 23, 2016
$505,000
$303,000 by Wintrust Mortgage
Mortgage Due Dec 01, 2031
Local assessors in Lake Zurich, IL have categorized 840 Warwick Lane as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 14,375 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 840 Warwick Lane has a total of 2,788 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. 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 440 sqft. There are 2 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 - B. 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 Nov 9, 2016 for $505,000. That's $106.95 per sqft. 840 Warwick Lane was last assessed in 2023. The total value of the property was assessed at $182,046. Specifically, the land the property is located on was valued at $29,888. While improvements on the property were assessed at a total of $152,158. 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 $12,523. 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. 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: 1992
  • Effective Year Built: 1992
  • 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: 1,494
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 4,722
  • Gross Building Area: 4,722
  • Building Area: 2,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESTNUT CORNERS UNIT 4
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHESTNUT CORNERS UNIT 4; LOT 4 BLOCK 7

Ownership

  • Current Owner : MURPHY CHRISTOPHER C
  • Current Owner 2: MURPHY HEATHER L
  • Previous Owner : LAYNE S DENNIS S
  • Previous Owner 2: LAYNE JANET R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864410

Geography

  • Assessors Map Reference: 2699-C5
  • District: ELA
  • Parcel: 14-28-203-040
  • Block: 7
  • Lot: 4
  • Municipality: TWP OF ELA
  • Latitude: 42.1808
  • Longitude: -88.064

    Address

  • Full Address: 840 Warwick Ln
  • Legal Unit: 4
  • Address - House Number: 840
  • Address - Street Name: Warwick
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Zurich
  • Carrier Code: R017
  • 4-Digit Zip Code: 2797
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,523
  • Tax Rate Code Area: 15059

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 634,248
  • High Value: 741,126
  • Low Value: 527,371

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 23, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $303,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2031

    Market Valuation

  • Market Total Value: $546,193
  • Market Land Value: $89,673
  • Market Improvement Value: $456,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,046
  • Assessed Land Value: $29,888
  • Assessed Improvements Value: $152,158

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 09, 2016
  • Current Sale Recording Date: Nov 23, 2016
  • Current Sale Transaction ID: 1876628997
  • Current Sale Price: $505,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7350128

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Nov 23, 2016
  • First Mortgage Loan Amount: $303,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2031

    Financing

  • First Mortgage Financing Type: Unknown

About Chestnut Corners



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Frequently Asked Questions

What neighborhood is 840 Warwick Lane located in?
The 840 Warwick Lane is a located in the neighborhood of Chestnut Corners in Chestnut Corners, Lake Zurich.
What is the average sales price for listings in 840 Warwick Lane?
The average sales price for units in 840 Warwick Lane is $0 currently.

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