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1659 Carolina Drive

1659 Carolina Drive, Elk Grove Village, IL 60007
Property in Schaumburg
Sold Oct 12, 2016
$319,000
$292,124 by Abc Bank
Mortgage Due Oct 01, 2046
Sold Jul 30, 2002
$275,000
$220,000 by Dba New America Financial
Mortgage Due Jul 01, 2032
1659 Carolina Drive in Elk Grove Village, IL was first built in 1978 and is 46 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 split level style. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1659 Carolina Drive has 1,398 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 8,424 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 attached garage. There are a total of 2 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 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 central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 13, 2016 for $319,000. That's $228.18 per sqft. Prior to that sales transaction, the property was also sold in Jun 25, 2002 for $275,000. 1659 Carolina Drive was last assessed in 2023. The total value of the property was assessed at $33,263. Specifically, the land the property is located on was valued at $7,371. While improvements on the property were assessed at a total of $25,892. 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 $8,428. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • 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: 8,424
  • Total Building Area: 1,398
  • Gross Building Area: 1,398
  • Building Area: 1,398
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,398
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINSTON GROVE SECTION22 SOUTH
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WINSTON) (GROVE) (SECTION22) (SOUTH) SUB OF PT SEC36 & PT OF SE SEC 35-41-10

Ownership

  • Current Owner : WOLOWIEC EDYTA
  • Previous Owner : ZHANG NU
  • Previous Owner 2: QIN YAN
  • Owner Before Previous Owner: PALOMO NANCY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804607

Geography

  • District: 35
  • Parcel: 07-36-312-017-0000
  • Block: 14
  • Lot: 17
  • Meridian: SEC 35 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 41.9977
  • Longitude: -88.0488

    Address

  • Full Address: 1659 Carolina Dr
  • Address - House Number: 1659
  • Address - Street Name: Carolina
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elk Grove Village
  • Carrier Code: C034
  • 4-Digit Zip Code: 2925
  • Zip Code: 60007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,428
  • Tax Rate Code Area: 35020

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 406,077
  • High Value: 498,801
  • Low Value: 313,354

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $338,517
  • First Open Lien Mortgage Lender: ABC BANK
  • First Open Lien Mortgage Recording Date: Oct 12, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $292,124
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 20, 2023
  • Second Open Lien Mortgage Loan Amount: $46,393
  • Second Open Lien Mortgage Term: 327
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $332,630
  • Market Land Value: $73,710
  • Market Improvement Value: $258,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,263
  • Assessed Land Value: $7,371
  • Assessed Improvements Value: $25,892

    Sales

  • Current Sale Contract Date: Aug 13, 2016
  • Current Sale Recording Date: Oct 12, 2016
  • Current Sale Transaction ID: 1820170983
  • Current Sale Price: $319,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1628610019
  • Previous Sale Recording Date: Jul 30, 2002
  • Previous Sale Contract Date: Jun 25, 2002
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ABC BANK
  • First Mortgage Transaction Date: Oct 12, 2016
  • First Mortgage Loan Amount: $292,124
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DBA NEW AMERICA FINANCIAL
  • Previous Mortgage Transaction Date: Jul 30, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2032

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Frequently Asked Questions

What neighborhood is 1659 Carolina Drive located in?
The 1659 Carolina Drive is a located in the neighborhood of Schaumburg in Elk Grove Village, Elk Grove Village.
What is the average sales price for listings in 1659 Carolina Drive?
The average sales price for units in 1659 Carolina Drive is $0 currently.

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