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1005 South Park Boulevard

1005 South Park Boulevard, Streamwood, IL 60107
Property in Hanover
Sold Jul 20, 2021
$225,000
$220,924 by Mid-american Mortgage Inc
Mortgage Due Jul 01, 2051
Sold Dec 06, 2016
$148,000
$111,000 by Us Bank Na
Mortgage Due Dec 01, 2046
Local assessors in Streamwood, IL have categorized 1005 South Park Boulevard as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 8,004 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1005 South Park Boulevard has a total of 1,233 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jun 4, 2021 for $225,000. That's $182.48 per sqft. Prior to that sales transaction, the property was also sold in Nov 21, 2016 for $148,000. 1005 South Park Boulevard was last assessed in 2023. The total value of the property was assessed at $23,000. Specifically, the land the property is located on was valued at $4,002. While improvements on the property were assessed at a total of $18,998. 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 $6,899. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,004
  • Total Building Area: 1,233
  • Gross Building Area: 1,233
  • Building Area: 1,233
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,233
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND HEIGHTS UNIT1
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WOODLAND)(HEIGHTS)(UNIT1) SUB IN SH SEC 23 & NH SEC 26 SEC 26-41-09

Ownership

  • Current Owner : VILLEGAS KERLY
  • Current Owner 2: CASTAN VICTOR M
  • Previous Owner : LARSON MICHAEL W
  • Owner Before Previous Owner: PIEROTTI BRUCE J
  • Owner Before Previous Owner 2: LARSON SCOTT R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804309

Geography

  • District: 18
  • Parcel: 06-26-109-007-0000
  • Lot: 186
  • Meridian: SEC 26 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0137
  • Longitude: -88.1745

    Address

  • Full Address: 1005 S Park Blvd
  • Legal Unit: 1
  • Address - House Number: 1005
  • Street Direction: S
  • Address - Street Name: Park
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Streamwood
  • Carrier Code: C009
  • 4-Digit Zip Code: 2162
  • Zip Code: 60107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,899
  • Tax Rate Code Area: 18023

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 293,869
  • High Value: 360,972
  • Low Value: 226,767

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $231,278
  • First Open Lien Mortgage Lender: MID-AMERICAN MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $220,924
  • 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, 2051
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Apr 05, 2022
  • Second Open Lien Mortgage Loan Amount: $10,354
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $40,020
  • Market Improvement Value: $189,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $4,002
  • Assessed Improvements Value: $18,998

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11846229590
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120146186
  • Previous Sale Recording Date: Dec 06, 2016
  • Previous Sale Contract Date: Nov 21, 2016
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MID-AMERICAN MORTGAGE INC
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Dec 06, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $111,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Streamwood



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Frequently Asked Questions

What neighborhood is 1005 South Park Boulevard located in?
The 1005 South Park Boulevard is a located in the neighborhood of Hanover in Streamwood, Streamwood.
What is the average sales price for listings in 1005 South Park Boulevard?
The average sales price for units in 1005 South Park Boulevard is $0 currently.

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