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36862 North Alice Lane

36862 North Alice Lane, Lake Villa, IL 60046
Property in Lake Villa
Sold Jun 28, 1996
$6,000
$164,000 by Bank Of America Na
Mortgage Due Apr 01, 2040
Local assessors in Lake Villa, IL have categorized 36862 North Alice Lane as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 24,803 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional 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, 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 2 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 36862 North Alice Lane has a total of 1,671 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 a unknown so you'll have a great option in the front of the home. 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 wood 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 36862 North Alice Lane sold most recently in Jun 21, 1996 for a total of $6,000. If you work out the math, that's approximately a cost of $2.84 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,823 in taxes each year. The initial year of tax delinquency occurred in 2021. 36862 North Alice Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,282. If we break it down further, the land itself was valued at $8,965. Improvements to the property, however, were assessed at a total of $81,317. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 24,803
  • Total Building Area: 2,111
  • Gross Building Area: 2,111
  • Building Area: 1,671
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,671
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENETIAN VILLAGE SUB
  • Land Acres: 0.569
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENETIAN VILLAGE SUB; UNIT NO 5 LOTS 4, 5 & 6 BLOCK 72

Ownership

  • Current Owner : JOHNSON JEFFREY
  • Previous Owner : EDWARDS WARREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Grayslake Community High School District 127
  • Census Tract: 861013

Geography

  • District: LAKE VILLA
  • Parcel: 06-10-107-017
  • Block: 72
  • Lot: 4,5,6
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.3986
  • Longitude: -88.0571

    Address

  • Full Address: 36862 N Alice Ln
  • Legal Unit: 5
  • Address - House Number: 36862
  • Street Direction: N
  • Address - Street Name: Alice
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R003
  • 4-Digit Zip Code: 9337
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,823
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 5014

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 305,857
  • High Value: 354,717
  • Low Value: 256,996

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $229,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 20, 2010
  • First Open Lien Mortgage Loan Amount: $164,000
  • 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: Apr 01, 2040
  • Second Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • Second Open Lien Mortgage Recording Date: May 27, 2016
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2026

    Market Valuation

  • Market Total Value: $270,873
  • Market Land Value: $26,898
  • Market Improvement Value: $243,975

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,282
  • Assessed Land Value: $8,965
  • Assessed Improvements Value: $81,317

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 1996
  • Current Sale Recording Date: Jun 28, 1996
  • Current Sale Transaction ID: 1178376743
  • Current Sale Price: $6,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3843601

About Venetian Village



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Frequently Asked Questions

What neighborhood is 36862 North Alice Lane located in?
The 36862 North Alice Lane is a located in the neighborhood of Lake Villa in Venetian Village, Lake Villa.
What is the average sales price for listings in 36862 North Alice Lane?
The average sales price for units in 36862 North Alice Lane is $0 currently.

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