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863 Stonebridge Lane

863 Stonebridge Lane, Buffalo Grove, IL 60089
Property in Wheeling
Sold Jan 16, 1998
Transfer
$140,000 by Phh Mtg Services Corp
Mortgage Due Jul 01, 2026
Sold Aug 01, 1996
$205,000
$140,000 by Phh Mtg Services Corp
Mortgage Due Jul 01, 2026
863 Stonebridge Lane in Buffalo Grove, IL was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 863 Stonebridge Lane has 2,115 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,935 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. Prior to that sales transaction, the property was also sold in Jun 28, 1996 for $205,000. 863 Stonebridge Lane was last assessed in 2023. The total value of the property was assessed at $36,001. Specifically, the land the property is located on was valued at $7,142. While improvements on the property were assessed at a total of $28,859. 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 $10,032. 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,935
  • Total Building Area: 2,115
  • Gross Building Area: 2,115
  • Building Area: 2,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,115
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILL CREEK UNIT2
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (MILL) (CREEK) (UNIT2) SUB OF PT SEC 08-42-11

Ownership

  • Current Owner : KATZ GARY
  • Current Owner 2: KATZ SHARON
  • Previous Owner : PHH MTG SERVICES CORP
  • Owner Before Previous Owner: CHO SUNG HO
  • Owner Before Previous Owner 2: CHO HYUNG JA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803007

Geography

  • District: 38
  • Parcel: 03-08-107-005-0000
  • Block: 1
  • Lot: 189
  • Meridian: SEC 08 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1333
  • Longitude: -87.9772

    Address

  • Full Address: 863 Stonebridge Ln
  • Legal Unit: 2
  • Address - House Number: 863
  • Address - Street Name: Stonebridge
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C028
  • 4-Digit Zip Code: 4229
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,032
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 476,880
  • High Value: 585,771
  • Low Value: 367,989

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: PHH MTG SERVICES CORP
  • First Open Lien Mortgage Recording Date: Aug 01, 1996
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2026

    Market Valuation

  • Market Total Value: $360,010
  • Market Land Value: $71,420
  • Market Improvement Value: $288,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,001
  • Assessed Land Value: $7,142
  • Assessed Improvements Value: $28,859

    Sales

  • Current Sale Recording Date: Jan 16, 1998
  • Current Sale Transaction ID: 1082322041
  • Current Sale Document Type: Other
  • Current Sale Input Document Number: 98042761
  • Previous Sale Recording Date: Aug 01, 1996
  • Previous Sale Contract Date: Jun 28, 1996
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PHH MTG SERVICES CORP
  • Previous Mortgage Transaction Date: Aug 01, 1996
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2026

About Buffalo Grove



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Frequently Asked Questions

What neighborhood is 863 Stonebridge Lane located in?
The 863 Stonebridge Lane is a located in the neighborhood of Wheeling in Buffalo Grove, Buffalo Grove.
What is the average sales price for listings in 863 Stonebridge Lane?
The average sales price for units in 863 Stonebridge Lane is $0 currently.

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