Check Availability

1418 South Redwood Avenue

1418 South Redwood Avenue, Mount Prospect, IL 60056
Property in Elk Grove
Refi Nov 16, 2015
Transfer
$145,000 by Us Bank Na
Mortgage Due Dec 01, 2045
Local assessors in Mount Prospect, IL have categorized 1418 South Redwood Avenue as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 7,320 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 610 ft. 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 5 rooms in the home. Of these, 3 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 is one full bathroom. 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 1418 South Redwood Avenue has a total of 1,248 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 no garage for those who need a place to park their vehicle. 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. 1418 South Redwood Avenue was last assessed in 2023. The total value of the property was assessed at $32,000. Specifically, the land the property is located on was valued at $7,686. While improvements on the property were assessed at a total of $24,314. 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 $6,466. 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: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,320
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELK RIDGE VILLA UNIT 05
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 191 IN ELK RIDGE VILLA UNIT #5 SW4 OF SEC14 T41N R11E 3P

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 16
  • Parcel: 08-14-308-026-0000
  • Lot: 191
  • Meridian: SEC 14 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0406
  • Longitude: -87.9566

    Address

  • Full Address: 1418 S Robert Dr
  • Address - House Number: 1418
  • Street Direction: S
  • Address - Street Name: Robert
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C105
  • 4-Digit Zip Code: 4542
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,466
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 398,941
  • High Value: 490,036
  • Low Value: 307,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Nov 16, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $145,000
  • 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: Dec 01, 2045

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $76,860
  • Market Improvement Value: $243,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $7,686
  • Assessed Improvements Value: $24,314

About Mount Prospect



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 386 Dover Lane, Des Plaines, IL, 60018

$2,250 /mo

  • 3 Beds
  • 1.5 Baths
  • 2,200 ft²
386 Dover Lane #386, Des Plaines, IL, 60018 Listing by Jovanna Quinones

Frequently Asked Questions

What neighborhood is 1418 South Redwood Avenue located in?
The 1418 South Redwood Avenue is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 1418 South Redwood Avenue?
The average sales price for units in 1418 South Redwood Avenue is $0 currently.

Quantcast