Check Availability

1604 West Willow Lane

1604 West Willow Lane, Mount Prospect, IL 60056
Property in Elk Grove
Sold Oct 29, 1997
$110,666
$157,700 by Great Northern Mtg Company
Mortgage Due Oct 01, 2027
1604 West Willow Lane in Mount Prospect, IL was first built in 1961 and is 63 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 is a 1 partial bathroom. 1604 West Willow Lane has 1,042 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 10,640 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 3 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 masonry 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 masonry. 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 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, 1604 West Willow Lane sold most recently in Sep 29, 1997 for a total of $110,666. If you work out the math, that's approximately a cost of $106.21 per sqft. 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 $6,215 in taxes each year. 1604 West Willow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,000. If we break it down further, the land itself was valued at $10,640. Improvements to the property, however, were assessed at a total of $20,360. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • 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: 3

    Dimensions

  • Lot Size Square Feet: 10,640
  • Total Building Area: 1,042
  • Gross Building Area: 1,042
  • Building Area: 1,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELK RIDGE VILLA UNIT1
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ELK) (RIDGE) (VILLA) (UNIT1) SUB OF WH WH SEC 14-41-11

Ownership

  • Current Owner : GUADALUPE MORALES RICARDO A
  • Current Owner 2: GUADALUPE FLORESDEMORALES
  • Previous Owner : LEMKE GERALD
  • Previous Owner 2: LEMKE BARBARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 16
  • Parcel: 08-14-112-017-0000
  • Block: 6
  • Lot: 17
  • Meridian: SEC 14 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0444
  • Longitude: -87.9597

    Address

  • Full Address: 1604 W Willow Ln
  • Legal Unit: 1
  • Address - House Number: 1604
  • Street Direction: W
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C070
  • 4-Digit Zip Code: 4548
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,215
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 372,782
  • High Value: 458,072
  • Low Value: 287,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,700
  • First Open Lien Mortgage Lender: GREAT NORTHERN MTG COMPANY
  • First Open Lien Mortgage Recording Date: Oct 29, 1997
  • First Open Lien Mortgage Loan Amount: $157,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2027

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $106,400
  • Market Improvement Value: $203,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $10,640
  • Assessed Improvements Value: $20,360

    Sales

  • Current Sale Contract Date: Sep 29, 1997
  • Current Sale Recording Date: Oct 29, 1997
  • Current Sale Transaction ID: 1176427443
  • Current Sale Price: $110,666
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97809655

    Last Sale Mortgage

  • First Mortgage Lender: GREAT NORTHERN MTG COMPANY
  • First Mortgage Transaction Date: Oct 29, 1997
  • First Mortgage Loan Amount: $157,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2027

About Mount Prospect



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1604 West Willow Lane located in?
The 1604 West Willow Lane is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 1604 West Willow Lane?
The average sales price for units in 1604 West Willow Lane is $0 currently.

Quantcast