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1635 Omaha Circle

1635 Omaha Circle, Elk Grove Village, IL 60007
Property in Schaumburg
Sold Apr 21, 2015
$325,000
$312,500 by Nationstar Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Aug 25, 1994
$160,000
$75,000 by First Community Bank
Mortgage Due Aug 24, 1999
1635 Omaha Circle has been categorized by the local assessors in Elk Grove Village, IL as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1635 Omaha Circle has 2,186 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,976 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. 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 frame 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 wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1635 Omaha Circle sold most recently in Apr 6, 2015 for a total of $325,000. If you work out the math, that's approximately a cost of $148.67 per sqft. Before that, the property was also sold for $160,000 in Aug 23, 1994. 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 $10,896 in taxes each year. 1635 Omaha Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,000. If we break it down further, the land itself was valued at $8,729. Improvements to the property, however, were assessed at a total of $33,271. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,976
  • Total Building Area: 2,186
  • Gross Building Area: 2,186
  • Building Area: 2,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,186
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINSTON GROVE SECTION22 NORTH
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WINSTON) (GROVE) (SECTION22) (NORTH) SUB IN PT SECS2 5 & 36 SEC 36-41-10

Ownership

  • Current Owner : WAGNER JEFF C
  • Current Owner 2: WAGNER MELISSA K
  • Previous Owner : PUSATERI EDWARD J
  • Owner Before Previous Owner: MAYWOOD PROVISO STATE BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804606

Geography

  • District: 35
  • Parcel: 07-36-106-013-0000
  • Block: 4
  • Lot: 13
  • Meridian: SEC 36 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0012
  • Longitude: -88.0483

    Address

  • Full Address: 1635 Omaha Cir
  • Address - House Number: 1635
  • Address - Street Name: Omaha
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Elk Grove Village
  • Carrier Code: C038
  • 4-Digit Zip Code: 2916
  • Zip Code: 60007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,896
  • Tax Rate Code Area: 35020

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 509,624
  • High Value: 623,996
  • Low Value: 395,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,500
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 21, 2022
  • First Open Lien Mortgage Loan Amount: $312,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $87,290
  • Market Improvement Value: $332,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $8,729
  • Assessed Improvements Value: $33,271

    Sales

  • Current Sale Contract Date: Apr 06, 2015
  • Current Sale Recording Date: Apr 21, 2015
  • Current Sale Transaction ID: 1220891049
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1511133040
  • Previous Sale Recording Date: Aug 25, 1994
  • Previous Sale Contract Date: Aug 23, 1994
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 21, 2015
  • First Mortgage Loan Amount: $308,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMUNITY BANK
  • Previous Mortgage Transaction Date: Aug 25, 1994
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Aug 24, 1999

About Elk Grove Village



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Frequently Asked Questions

What neighborhood is 1635 Omaha Circle located in?
The 1635 Omaha Circle is a located in the neighborhood of Schaumburg in Elk Grove Village, Elk Grove Village.
What is the average sales price for listings in 1635 Omaha Circle?
The average sales price for units in 1635 Omaha Circle is $0 currently.

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