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1198 Iroquois Drive

1198 Iroquois Drive, Elgin, IL 60120
Property in Northeast Elgin
Sold Apr 08, 2020
$209,000
$150,000 by Us Mortgage Funding Inc
Mortgage Due Aug 01, 2052
Sold Aug 12, 2014
$143,000
$114,400 by Key Mortgage Services Inc
Mortgage Due Aug 01, 2044
1198 Iroquois Drive has been categorized by the local assessors in Elgin, IL as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1198 Iroquois Drive has 957 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 1,200 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry 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 air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Mar 7, 2020 for $209,000. That's $218.39 per sqft. Prior to that sales transaction, the property was also sold in Jun 5, 2014 for $143,000. 1198 Iroquois Drive was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $4,680. While improvements on the property were assessed at a total of $16,320. 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 $4,152. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 957
  • Gross Building Area: 957
  • Building Area: 957
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 957
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD TO BLACKHAWK MANOR
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FIRST) ADD TO (BLACKHAWK)(MANOR) SUB A SUB PT OF SEC S 6 & 7 SEC 07-41-09

Ownership

  • Current Owner : CAMPOS REFUGIO
  • Previous Owner : COOK PETER
  • Previous Owner 2: COOK KRISTEN
  • Owner Before Previous Owner: CORDARO MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804313

Geography

  • District: 18
  • Parcel: 06-06-110-018-0000
  • Lot: 94
  • Meridian: SEC 07 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0599
  • Longitude: -88.2609

    Address

  • Full Address: 1198 Iroquois Dr
  • Address - House Number: 1198
  • Address - Street Name: Iroquois
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C007
  • 4-Digit Zip Code: 2574
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,152
  • Tax Rate Code Area: 18015

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 295,730
  • High Value: 362,579
  • Low Value: 228,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: US MORTGAGE FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $46,800
  • Market Improvement Value: $163,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $4,680
  • Assessed Improvements Value: $16,320

    Sales

  • Current Sale Contract Date: Mar 07, 2020
  • Current Sale Recording Date: Apr 08, 2020
  • Current Sale Transaction ID: 11754472306
  • Current Sale Price: $209,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009939008
  • Previous Sale Recording Date: Aug 12, 2014
  • Previous Sale Contract Date: Jun 05, 2014
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Apr 08, 2020
  • First Mortgage Loan Amount: $202,024
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: KEY MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Aug 12, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $114,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1198 Iroquois Drive located in?
The 1198 Iroquois Drive is a located in the neighborhood of Northeast Elgin in Northeast Elgin, Elgin.
What is the average sales price for listings in 1198 Iroquois Drive?
The average sales price for units in 1198 Iroquois Drive is $0 currently.

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