Check Availability

1007 South Beechwood Drive

1007 South Beechwood Drive, Mount Prospect, IL 60056
Property in Elk Grove
Sold Jun 08, 2012
$315,000
$283,500 by Great Lakes Home Mortgage Inc
Mortgage Due Jun 01, 2042
Sold Jul 10, 2000
$244,500
$90,000 by Bancgroup Mtg Corp
Mortgage Due Jul 01, 2030
1007 South Beechwood Drive has been categorized by the local assessors in Mount Prospect, IL as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 1007 South Beechwood Drive has 1,128 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,130 ft and across the front of the lot is 720 ft. The area measurement of the land has been determined as 8,136 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. 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 asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1007 South Beechwood Drive sold most recently in May 25, 2012 for a total of $315,000. If you work out the math, that's approximately a cost of $279.26 per sqft. Before that, the property was also sold for $244,500 in Jun 20, 2000. 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 $8,756 in taxes each year. 1007 South Beechwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,000. If we break it down further, the land itself was valued at $8,543. Improvements to the property, however, were assessed at a total of $26,457. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,136
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,128
  • Gross Building Area: 1,128
  • Building Area: 1,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FREDIANIS FIRST ADD TO MOUNT PROSPECT
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E J (FREDIANIS) (FIRST) ADD TO MOUNT (PROSPECT) SUB O F PT OF NW SEC 14-41-11

Ownership

  • Current Owner : PARKS JEFFREY
  • Current Owner 2: PARKS DIANE
  • Previous Owner : GIORDANO FRANK
  • Previous Owner 2: CIANCI LUCIA
  • Owner Before Previous Owner: YOUSIF IBRAHIM
  • Owner Before Previous Owner 2: YOUSIF ANJIL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805002

Geography

  • District: 16
  • Parcel: 08-14-131-002-0000
  • Lot: 13
  • Meridian: SEC 14 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0464
  • Longitude: -87.9545

    Address

  • Full Address: 1007 S Beechwood Dr
  • Address - House Number: 1007
  • Street Direction: S
  • Address - Street Name: Beechwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C070
  • 4-Digit Zip Code: 4135
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,756
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 424,607
  • High Value: 520,320
  • Low Value: 328,894

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,500
  • First Open Lien Mortgage Lender: GREAT LAKES HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 08, 2012
  • First Open Lien Mortgage Loan Amount: $283,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2042

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $85,430
  • Market Improvement Value: $264,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $8,543
  • Assessed Improvements Value: $26,457

    Sales

  • Current Sale Contract Date: May 25, 2012
  • Current Sale Recording Date: Jun 08, 2012
  • Current Sale Transaction ID: 1131649267
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1216041015
  • Previous Sale Recording Date: Jul 10, 2000
  • Previous Sale Contract Date: Jun 20, 2000
  • Previous Sale Amount: $244,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREAT LAKES HOME MORTGAGE INC
  • First Mortgage Transaction Date: Jun 08, 2012
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: BANCGROUP MTG CORP
  • Previous Mortgage Transaction Date: Jul 10, 2000
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2030

About Mount Prospect



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 909 Beau Drive, Des Plaines, IL, 60016

$2,500 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,562 ft²
909 Beau Drive, Des Plaines, IL, 60016 Listing by Bhupendra Patel

Frequently Asked Questions

What neighborhood is 1007 South Beechwood Drive located in?
The 1007 South Beechwood Drive is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 1007 South Beechwood Drive?
The average sales price for units in 1007 South Beechwood Drive is $0 currently.

Quantcast