31 Red Haw Lane

Local assessors in Lake Zurich, IL have categorized 31 Red Haw Lane as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 8,499 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 3 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 31 Red Haw Lane has a total of 1,231 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 262 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 31 Red Haw Lane was last sold in May 25, 2017 for $268,000. According to our calculations, that's $179.50 per sqft. Prior to that sales transaction, the property was sold for $98,666 in Sep 27, 1997. Current property owners are expected to pay $6,579 in taxes per year. The property on 31 Red Haw Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $91,542. To break that down further, the land itself was valued at $18,778. While improvements to the property were assessed at a total of $72,764. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.