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1087 North Midlothian Road

1087 North Midlothian Road, Mundelein, IL 60060
Property in Fremont
Sold Nov 02, 2016
$125,000
$120,828 by Leader One Financial Corp
Mortgage Due Nov 01, 2046
Sold Nov 16, 2005
$244,000
$195,200 by World Savings Bank Fsb
Mortgage Due Nov 21, 2035
1087 North Midlothian Road in Mundelein, IL was first built in 1956 and is 68 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 ranch/rambler style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1087 North Midlothian Road has 960 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 10,481 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. The garage is 704 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 4, 2016 for $125,000. That's $65.10 per sqft. Prior to that sales transaction, the property was also sold in Oct 26, 2005 for $244,000. 1087 North Midlothian Road was last assessed in 2023. The total value of the property was assessed at $67,001. Specifically, the land the property is located on was valued at $16,857. While improvements on the property were assessed at a total of $50,144. 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 $5,762. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 960
  • Garage Type: Detached
  • Garage Square Area: 704
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,481
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOCH LOMOND
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOCH LOMOND LOT 26 BLOCK 6

Ownership

  • Current Owner : MCNULTY MICHAEL
  • Current Owner 2: MCNULTY JENNIFER E
  • Previous Owner : FARRALES EDWARD
  • Owner Before Previous Owner: ROWE PAUL J
  • Owner Before Previous Owner 2: ROWE DENISE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mundelein Consolidated High School District 120
  • Census Tract: 864106

Geography

  • District: FREMONT
  • Parcel: 10-24-104-015
  • Block: 6
  • Lot: 26
  • Municipality: TWP OF FREMONT
  • Latitude: 42.2797
  • Longitude: -88.0183

    Address

  • Full Address: 1087 N Midlothian Rd
  • Address - House Number: 1087
  • Street Direction: N
  • Address - Street Name: Midlothian
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mundelein
  • Carrier Code: C043
  • 4-Digit Zip Code: 1234
  • Zip Code: 60060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,762
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 237,321
  • High Value: 281,745
  • Low Value: 192,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,828
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Nov 02, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $120,828
  • 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: Nov 01, 2046

    Market Valuation

  • Market Total Value: $201,023
  • Market Land Value: $50,576
  • Market Improvement Value: $150,447

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,001
  • Assessed Land Value: $16,857
  • Assessed Improvements Value: $50,144

    Sales

  • Current Sale Contract Date: Oct 04, 2016
  • Current Sale Recording Date: Nov 02, 2016
  • Current Sale Transaction ID: 1857032941
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7343754
  • Previous Sale Recording Date: Nov 16, 2005
  • Previous Sale Contract Date: Oct 26, 2005
  • Previous Sale Amount: $244,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Nov 02, 2016
  • First Mortgage Loan Amount: $120,828
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SAVINGS BANK FSB
  • Previous Mortgage Transaction Date: Nov 16, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $195,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Nov 21, 2035

About Mundelein



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Frequently Asked Questions

What neighborhood is 1087 North Midlothian Road located in?
The 1087 North Midlothian Road is a located in the neighborhood of Fremont in Mundelein, Mundelein.
What is the average sales price for listings in 1087 North Midlothian Road?
The average sales price for units in 1087 North Midlothian Road is $0 currently.

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