Check Availability

1420 Cypress Avenue

1420 Cypress Avenue, Hanover Park, IL 60133
House in Schaumburg
Sold Sep 10, 2020
$235,000
$223,250 by Key Mortgage Services Inc
Mortgage Due Aug 01, 2050
Sold Feb 10, 2015
$183,000
$173,850 by Pnc Mortgage Llc
Mortgage Due Feb 01, 2045
1420 Cypress Avenue in Hanover Park, IL was first built in 1964 and is 60 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1420 Cypress Avenue has 1,136 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. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,230. In total, the area measurement of the land is 7,980 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. There is one available parking space. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 1420 Cypress Avenue sold most recently in Jun 18, 2020 for a total of $235,000. If you work out the math, that's approximately a cost of $206.87 per sqft. Before that, the property was also sold for $183,000 in Jan 30, 2015. 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 $7,633 in taxes each year. 1420 Cypress Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,000. If we break it down further, the land itself was valued at $5,187. Improvements to the property, however, were assessed at a total of $19,813. 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. 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.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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,980
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,136
  • Gross Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,136
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HANOVER HIGHLANDS
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HANOVER)(HIGHLANDS) SUB OF SH NW & N 49 ACS SW OF SEC 31-41-10

Ownership

  • Current Owner : APPIAH EMMANUEL OWUSU
  • Current Owner 2: AFRIYIE KATE
  • Previous Owner : HITTLE MARK R
  • Previous Owner 2: HITTLE ASHLEY M
  • Owner Before Previous Owner: KHOURY BRIAN
  • Owner Before Previous Owner 2: KHOURY DANIEL M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804804

Geography

  • District: 35
  • Parcel: 07-31-103-020-0000
  • Block: 14
  • Lot: 20
  • Meridian: SEC 31 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 41.9983
  • Longitude: -88.1402

    Address

  • Full Address: 1420 Cypress Ave
  • Address - House Number: 1420
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 3706
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,633
  • Tax Rate Code Area: 35022

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 325,806
  • High Value: 397,271
  • Low Value: 254,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,250
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Sep 10, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $223,250
  • 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, 2050

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $51,870
  • Market Improvement Value: $198,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $5,187
  • Assessed Improvements Value: $19,813

    Sales

  • Current Sale Contract Date: Jun 18, 2020
  • Current Sale Recording Date: Sep 10, 2020
  • Current Sale Transaction ID: 11786929489
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2025407214
  • Previous Sale Recording Date: Feb 10, 2015
  • Previous Sale Contract Date: Jan 30, 2015
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Sep 10, 2020
  • First Mortgage Loan Amount: $223,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Feb 10, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $173,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Hanover Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 157 Locksley Drive, Streamwood, IL, 60107

$2,200 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,547 ft²
157 Locksley Drive, Streamwood, IL, 60107 Listing by Maureen Brand
Unit for rent at 1304 Kingsbury Drive, Hanover Park, IL, 60133

$2,000 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,000 ft²
1304 Kingsbury Drive #D, Hanover Park, IL, 60133 Listing by Ankur Patel

Frequently Asked Questions

What neighborhood is 1420 Cypress Avenue located in?
The 1420 Cypress Avenue is a house located in the neighborhood of Schaumburg in Hanover Park, Hanover Park.
What is the average sales price for listings in 1420 Cypress Avenue?
The average sales price for units in 1420 Cypress Avenue is $0 currently.

Quantcast