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37861 North Douglas Lane

37861 North Douglas Lane, Lake Villa, IL 60046
Property in Lake Villa
Sold Aug 07, 2023
$290,000
$224,000 by Loandepot.com, Llc
Mortgage Due Aug 01, 2038
Sold Sep 21, 1998
$157,500
$107,000 by Bank Of America
Mortgage Due Oct 01, 2028
37861 North Douglas Lane has been categorized by the local assessors in Lake Villa, IL as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 37861 North Douglas Lane has 1,590 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,659 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 24, 2023 for $290,000. That's $182.39 per sqft. Prior to that sales transaction, the property was also sold in Sep 4, 1998 for $157,500. 37861 North Douglas Lane was last assessed in 2023. The total value of the property was assessed at $95,602. Specifically, the land the property is located on was valued at $31,116. While improvements on the property were assessed at a total of $64,486. 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 $6,670. The initial tax year of delinquency was in 2022. 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. 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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,659
  • Total Building Area: 1,590
  • Gross Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANDREW WOLFF S SUB
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ANDREW WOLFF S SUB LOT 13

Ownership

  • Current Owner : PHICHIENSOONTHON VUTH
  • Previous Owner : TRUST NO SBL-4735
  • Owner Before Previous Owner: VICENTIC STEVEN
  • Owner Before Previous Owner 2: VICENTIC OLIVERA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 861013

Geography

  • Assessors Map Reference: 2475-E1
  • District: LAKE VILLA
  • Parcel: 06-03-201-003
  • Lot: 13
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4134
  • Longitude: -88.0456

    Address

  • Full Address: 37861 N Douglas Ln
  • Address - House Number: 37861
  • Street Direction: N
  • Address - Street Name: Douglas
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R008
  • 4-Digit Zip Code: 8983
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,670
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 5008

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 329,381
  • High Value: 382,000
  • Low Value: 276,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: Aug 07, 2023
  • First Open Lien Mortgage Loan Amount: $224,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2038

    Market Valuation

  • Market Total Value: $286,834
  • Market Land Value: $93,357
  • Market Improvement Value: $193,477

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,602
  • Assessed Land Value: $31,116
  • Assessed Improvements Value: $64,486

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Aug 07, 2023
  • Current Sale Transaction ID: 11910803414
  • Current Sale Price: $290,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7988319
  • Previous Sale Recording Date: Sep 21, 1998
  • Previous Sale Contract Date: Sep 04, 1998
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM, LLC
  • First Mortgage Transaction Date: Aug 07, 2023
  • First Mortgage Loan Amount: $224,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Sep 21, 1998
  • Previous Mortgage Loan Amount: $107,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2028

About Venetian Village



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Frequently Asked Questions

What neighborhood is 37861 North Douglas Lane located in?
The 37861 North Douglas Lane is a located in the neighborhood of Lake Villa in Venetian Village, Lake Villa.
What is the average sales price for listings in 37861 North Douglas Lane?
The average sales price for units in 37861 North Douglas Lane is $0 currently.

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