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389 East Cherry Cove Lane

389 East Cherry Cove Lane, Round Lake, IL 60073
Sold Feb 03, 2023
$260,000
$275,006 by Mortgage Research Center, Llc
Mortgage Due Feb 01, 2054
Sold Jul 03, 2018
$197,500
$167,875 by Eagle Home Mortgage Llc
Mortgage Due Jul 01, 2048
389 East Cherry Cove Lane has been categorized by the local assessors in Round Lake, IL as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 389 East Cherry Cove Lane has 1,550 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 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 465 sqft. According to our sources, there are a total of 2 available parking spaces. 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 wood siding. 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. 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, 389 East Cherry Cove Lane sold most recently in Jan 31, 2023 for a total of $260,000. If you work out the math, that's approximately a cost of $129.03 per sqft. Before that, the property was also sold for $197,500 in Jun 16, 2018. 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 $7,664 in taxes each year. 389 East Cherry Cove Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $75,288. If we break it down further, the land itself was valued at $14,237. Improvements to the property, however, were assessed at a total of $61,051. 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. 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.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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 465
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,015
  • Gross Building Area: 2,015
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHEASANT RIDGE AT COUNTRY WALK UNIT 1
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PHEASANT RIDGE AT COUNTRY WALK UNIT 1; LOT 582

Ownership

  • Current Owner : WOMACK CHRISTOPHER
  • Current Owner 2: FRANCIS TASHANAE
  • Previous Owner : GOMEZ CESAR
  • Owner Before Previous Owner: SEVIER ROBERT
  • Owner Before Previous Owner 2: SEVIER ANNE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Grayslake Community High School District 127
  • Census Tract: 861011

Geography

  • Assessors Map Reference: 2475-B4
  • District: LAKE VILLA
  • Parcel: 06-09-104-023
  • Lot: 582
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.3936
  • Longitude: -88.0734

    Address

  • Full Address: 389 E Cherry Cove Ln
  • Legal Unit: 1
  • Address - House Number: 389
  • Street Direction: E
  • Address - Street Name: Cherry Cove
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Round Lake Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 4809
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,664
  • Tax Rate Code Area: 5082

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 275,833
  • High Value: 342,023
  • Low Value: 209,643

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,006
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Jan 19, 2024
  • First Open Lien Mortgage Loan Amount: $275,006
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Market Valuation

  • Market Total Value: $225,886
  • Market Land Value: $42,715
  • Market Improvement Value: $183,171

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,288
  • Assessed Land Value: $14,237
  • Assessed Improvements Value: $61,051

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Transaction ID: 11901912596
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7957020
  • Previous Sale Recording Date: Jul 03, 2018
  • Previous Sale Contract Date: Jun 16, 2018
  • Previous Sale Amount: $197,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Feb 03, 2023
  • First Mortgage Loan Amount: $269,360
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 03, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $167,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Pheasant Ridge at Country Walk



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Frequently Asked Questions

What neighborhood is 389 East Cherry Cove Lane located in?
The 389 East Cherry Cove Lane is a located in the neighborhood of Pheasant Ridge at Country Walk in Pheasant Ridge at Country Walk, Round Lake.
What is the average sales price for listings in 389 East Cherry Cove Lane?
The average sales price for units in 389 East Cherry Cove Lane is $0 currently.

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