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180 West Norwell Lane

180 West Norwell Lane, Round Lake, IL 60073
Property in Lakewood Grove
Sold Sep 08, 2015
$132,000
Sold Jan 12, 2005
$201,000
$160,600 by Lhi Mortgage Inc
Mortgage Due Jan 01, 2035
Local assessors in Round Lake, IL have categorized 180 West Norwell Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 5,563 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 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 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 180 West Norwell Lane has a total of 1,488 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 470 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - C+. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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 31, 2015 for $132,000. That's $48.85 per sqft. Prior to that sales transaction, the property was also sold in Dec 28, 2004 for $201,000. 180 West Norwell Lane was last assessed in 2023. The total value of the property was assessed at $69,456. Specifically, the land the property is located on was valued at $13,346. While improvements on the property were assessed at a total of $56,110. 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 $7,263. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 744
  • Garage Type: Attached
  • Garage Square Area: 470
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,563
  • Total Building Area: 2,702
  • Gross Building Area: 2,702
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD GROVE PHASE 2 UNIT 4 SUBDIVISIO
  • Land Acres: 0.128
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LAKEWOOD GROVE PHASE 2 UNIT 4 SUBDIVISION; LOT 590 (EX W44.47 THOF)

Ownership

  • Current Owner : YAKUBOV ALEKSANDR
  • Previous Owner : KAKUBOV FELIKS Y
  • Owner Before Previous Owner: LAKEWOOD GROVE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mundelein Consolidated High School District 120
  • Census Tract: 864109

Geography

  • Assessors Map Reference: 2589-A2
  • District: FREMONT
  • Subdivision Phase Number: 2
  • Parcel: 10-08-203-036
  • Lot: 590
  • Municipality: TWP OF FREMONT
  • Latitude: 42.3078
  • Longitude: -88.0864

    Address

  • Full Address: 180 W Norwell Ln
  • Legal Unit: 4
  • Address - House Number: 180
  • Street Direction: W
  • Address - Street Name: Norwell
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Round Lake
  • Carrier Code: R010
  • 4-Digit Zip Code: 5666
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,263
  • Tax Rate Code Area: 12155

    Appraisal Valuation

  • Standard Deviation: 0.1251
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 86
  • Final Value: 271,334
  • High Value: 305,281
  • Low Value: 237,388

    Market Valuation

  • Market Total Value: $208,389
  • Market Land Value: $40,042
  • Market Improvement Value: $168,347

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,456
  • Assessed Land Value: $13,346
  • Assessed Improvements Value: $56,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2015
  • Current Sale Recording Date: Sep 08, 2015
  • Current Sale Transaction ID: 1290153469
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7228659
  • Previous Sale Recording Date: Jan 12, 2005
  • Previous Sale Contract Date: Dec 28, 2004
  • Previous Sale Amount: $201,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M I E FINANCIAL INC
  • First Mortgage Transaction Date: Sep 08, 2015
  • First Mortgage Loan Amount: $125,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LHI MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 12, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $160,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Lakewood Grove



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Frequently Asked Questions

What neighborhood is 180 West Norwell Lane located in?
The 180 West Norwell Lane is a located in the neighborhood of Lakewood Grove in Lakewood Grove, Round Lake.
What is the average sales price for listings in 180 West Norwell Lane?
The average sales price for units in 180 West Norwell Lane is $0 currently.

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