Check Availability

88 Polaris Drive

88 Polaris Drive, Lake In The Hills, IL 60156
Property in Northstar
Sold Feb 09, 2021
$150,000
$129,731 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2051
Sold Aug 07, 2012
$84,900
88 Polaris Drive in Lake In The Hills, IL was first built in 1995 and is 29 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 88 Polaris Drive has 1,511 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 35,013 square feet.

Learn more about the property and building on this page. As for heating, the home is utilizing a heating system. 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, 88 Polaris Drive sold most recently in Jan 27, 2021 for a total of $150,000. If you work out the math, that's approximately a cost of $99.27 per sqft. Before that, the property was also sold for $84,900 in May 22, 2012. 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 $4,813 in taxes each year. 88 Polaris Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $54,950. If we break it down further, the land itself was valued at $12,595. Improvements to the property, however, were assessed at a total of $42,355. 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 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.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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 35,013
  • Total Building Area: 1,511
  • Building Area: 1,511
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,511
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHSTAR CONDO ASSN 4TH
  • Land Acres: 0.804
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2021R0007511 UNIT 49-88-C NORTHSTAR CONDO ASSN 4TH AMEND (LT 37 NORTHSTAR PHASE 1)

Ownership

  • Current Owner : TONELLI MICHAEL R
  • Previous Owner : T CORPORATION
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871207

Geography

  • Subdivision Phase Number: 1
  • Parcel: 19-19-483-023
  • Block: 483
  • Lot: 37
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.184
  • Longitude: -88.3381

    Address

  • Full Address: 88 Polaris Dr
  • Legal Unit: 49-88
  • Address - House Number: 88
  • Address - Street Name: Polaris
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake In The Hills
  • Carrier Code: R013
  • 4-Digit Zip Code: 5630
  • Zip Code: 60156

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,813
  • Tax Rate Code Area: 19111

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 232,793
  • High Value: 272,128
  • Low Value: 193,458

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $179,731
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $129,731
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051
  • Second Open Lien Mortgage Lender: BAXTER CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 27, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 30, 2038

    Market Valuation

  • Market Total Value: $164,850
  • Market Land Value: $37,785
  • Market Improvement Value: $127,065

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,950
  • Assessed Land Value: $12,595
  • Assessed Improvements Value: $42,355

    Sales

  • Current Sale Contract Date: Jan 27, 2021
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Transaction ID: 11816591484
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0007511
  • Previous Sale Recording Date: Aug 07, 2012
  • Previous Sale Contract Date: May 22, 2012
  • Previous Sale Amount: $84,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Feb 09, 2021
  • First Mortgage Loan Amount: $129,731
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northstar



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 88 Polaris Drive located in?
The 88 Polaris Drive is a located in the neighborhood of Northstar in Northstar, Lake In The Hills.
What is the average sales price for listings in 88 Polaris Drive?
The average sales price for units in 88 Polaris Drive is $0 currently.

Quantcast