what is the property tax on new townhomes at Aspen Pt 762 N Summit Ln Vernon Hills IL 60061?

Asked by LakeCook, Buffalo Grove, IL Sun Dec 27, 2009

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Al Aronow’s answer
Al Aronow, Agent, Libertyville, IL
Mon Dec 28, 2009

Per the Lake County Assessor's website the current 2008 tax bill for 762 N. Summit was $3,596.04. The 2008 assessed value was $51,328 and the fair market value per the assessor was $153,984. There was a sale recorded for this property on 12/18/08 for $390,000. The 2009 assessed vaalue is $138,337 which means the fair market value per the assessor will be approximately $415,011. The tax rate for 2008 was 7.006. The tax rate for 2009 hasn't been determined yet. If the tax rate remains the same for 2009, the real estate taxes will be approximately $9,691.89 (138,337 x .07006). Not included in this is any limited homestead, home improvement, senior homstead or senior freeze exemptions.

I am very familiar with Aspen Pointe and have sold and rented several properties in the subdivision. Please feel free to call or email me with any questions.

Good luck,
Al Aronow
RE/MAX Suburban
Web Reference:  http://www.alaronowhomes.com
1 vote
Laura Karamb…, Agent, Downers Grove, IL
Mon Dec 28, 2009
There is a home that is listed as a "short sale" @ 309,900 that was built in 2006 and the property taxes for 2008 were $9552.19....listed as having no exemptions.

You can call the local assessor's office or visit their website to find out what the current tax rate is.

I hope this helps!
1 vote
Coleen Greni…, Agent, Barrington, IL
Mon Dec 28, 2009
As another agent stated they r all in the 9,000.00 range but the one you are asking about is a short sale that went under contract in October. If you r looking for a townhome in Lake County around the North or NW suburbs there are many great deals out there now!!! Feel free to contact me and I'd be happy to send you any information you are requesting.
0 votes
Mike Stodola, Agent, Libertyville, IL
Mon Dec 28, 2009
Are you looking for home that's a short sale, pre-foreclosure or bank owned like this one?? If so, just visit http://www.LakeCountyDeals.com and I'll send you a customized list.

0 votes
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