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946 Honey Lake Road

946 Honey Lake Road, Lake Zurich, IL 60047
Sold Jun 28, 2019
$185,000
$181,649 by Cmg Mortgage Inc
Mortgage Due Jul 01, 2049
Sold Dec 14, 2012
$100,000
946 Honey Lake Road in Lake Zurich, IL was first built in 1953 and is 71 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 946 Honey Lake Road has 1,050 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 11,600 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 442 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 946 Honey Lake Road sold most recently in May 23, 2019 for a total of $185,000. If you work out the math, that's approximately a cost of $123.99 per sqft. Before that, the property was also sold for $100,000 in Nov 13, 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 $4,812 in taxes each year. 946 Honey Lake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $71,898. If we break it down further, the land itself was valued at $29,249. Improvements to the property, however, were assessed at a total of $42,649. 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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 442
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,600
  • Total Building Area: 1,492
  • Gross Building Area: 1,492
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: E.A.FERRARI-S 1ST ADD
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E.A.FERRARI-S 1ST ADD TO ZURICH HEIGHTS GOLF CLUB ESTATES LO T 32

Ownership

  • Current Owner : GOMEZ FRANCISCO
  • Current Owner 2: GUENARD MARIBEL
  • Previous Owner : THR PROPERTY ILLINOIS LP
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Zurich Community Unit School District 95
  • Census Tract: 864408

Geography

  • Assessors Map Reference: 2698-C3
  • District: ELA
  • Parcel: 14-18-321-007
  • Lot: 32
  • Municipality: TWP OF ELA
  • Latitude: 42.1978
  • Longitude: -88.113

    Address

  • Full Address: 946 Honey Lake Rd
  • Address - House Number: 946
  • Address - Street Name: Honey Lake
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Zurich
  • Carrier Code: C002
  • 4-Digit Zip Code: 1248
  • Zip Code: 60047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,812
  • Tax Rate Code Area: 15059

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 285,436
  • High Value: 331,034
  • Low Value: 239,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,649
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 28, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $181,649
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $215,716
  • Market Land Value: $87,756
  • Market Improvement Value: $127,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,898
  • Assessed Land Value: $29,249
  • Assessed Improvements Value: $42,649

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11620676881
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7572593
  • Previous Sale Recording Date: Dec 14, 2012
  • Previous Sale Contract Date: Nov 13, 2012
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

About Zurich Heights Golf Club Estates



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Frequently Asked Questions

What neighborhood is 946 Honey Lake Road located in?
The 946 Honey Lake Road is a located in the neighborhood of Zurich Heights Golf Club Estates in Zurich Heights Golf Club Estates, Lake Zurich.
What is the average sales price for listings in 946 Honey Lake Road?
The average sales price for units in 946 Honey Lake Road is $0 currently.

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