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203 Meadow Lane

203 Meadow Lane, Cary, IL 60013
Sold Oct 13, 2023
$335,000
$301,500 by Guaranteed Rate, Inc.
Mortgage Due Oct 01, 2053
Sold Nov 21, 2002
$272,900
$156,900 by Abn Amro Mtg Group Inc
Mortgage Due Dec 01, 2032
Local assessors in Cary, IL have categorized 203 Meadow Lane as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 8,276 square feet. 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, 3 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 is one full bathroom. 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 203 Meadow Lane has a total of 2,517 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 96 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 203 Meadow Lane was last sold in Sep 22, 2023 for $335,000. According to our calculations, that's $84.81 per sqft. Prior to that sales transaction, the property was sold for $272,900 in Nov 20, 2002. Current property owners are expected to pay $8,915 in taxes per year. The property on 203 Meadow Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $98,759. To break that down further, the land itself was valued at $16,828. While improvements to the property were assessed at a total of $81,931. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,109
  • Garage Type: Attached
  • Garage Square Area: 96
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,950
  • Building Area: 2,563
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,517
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER LAKE OAKWOOD HILLS
  • Land Acres: 0.19
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2012R0022498 LT 14 BLK 5 SILVER LAKE OAKWOOD HILLS UNIT 2

Ownership

  • Current Owner : DEVAN ROBERT
  • Previous Owner : SALVO RICHARD J
  • Previous Owner 2: SALVO MARY BETH
  • Owner Before Previous Owner: WAITE DAVID R
  • Owner Before Previous Owner 2: WAITE LISA E
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Community High School District 155
  • Census Tract: 870810

Geography

  • Parcel: 14-36-405-013
  • Block: 5
  • Lot: 14
  • Municipality: NUNDA TWP
  • Latitude: 42.2467
  • Longitude: -88.2434

    Address

  • Full Address: 203 Meadow Ln
  • Legal Unit: 2
  • Address - House Number: 203
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oakwood Hills
  • Carrier Code: R008
  • 4-Digit Zip Code: 1148
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,915
  • Tax Rate Code Area: 14016

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 404,703
  • High Value: 465,821
  • Low Value: 343,585

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $307,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Oct 13, 2023
  • First Open Lien Mortgage Loan Amount: $301,500
  • 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: Oct 01, 2053
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Oct 13, 2023
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $296,277
  • Market Land Value: $50,484
  • Market Improvement Value: $245,793

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,759
  • Assessed Land Value: $16,828
  • Assessed Improvements Value: $81,931

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Transaction ID: 11914601756
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26026
  • Previous Sale Recording Date: Nov 21, 2002
  • Previous Sale Contract Date: Nov 20, 2002
  • Previous Sale Amount: $272,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Oct 13, 2023
  • First Mortgage Loan Amount: $301,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053
  • Second Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Mortgage Transaction Date: Oct 13, 2023
  • Second Mortgage Loan Amount: $6,000
  • Second Mortgage Terms: 5
  • Second Mortgage Loan Due Date: Oct 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MTG GROUP INC
  • Previous Mortgage Transaction Date: Nov 21, 2002
  • Previous Mortgage Loan Amount: $156,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2032

About Silver Lakes Oakwood Hills



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Frequently Asked Questions

What neighborhood is 203 Meadow Lane located in?
The 203 Meadow Lane is a located in the neighborhood of Silver Lakes Oakwood Hills in Silver Lakes Oakwood Hills, Cary.
What is the average sales price for listings in 203 Meadow Lane?
The average sales price for units in 203 Meadow Lane is $0 currently.

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