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1724 Redwood Avenue

1724 Redwood Avenue, Hanover Park, IL 60133
Property in Hanover
Sold Mar 28, 2006
$207,500
Buyer
$184,500 by United Wholesale Mortgage
Mortgage Due Feb 01, 2051
Sold Jan 03, 2002
Transfer
$145,924 by Smart Mtg Access Llc
Mortgage Due Jan 01, 2032
1724 Redwood Avenue has been categorized by the local assessors in Hanover Park, IL as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1724 Redwood Avenue has 988 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 7,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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 air conditioning at the moment. In terms of heating, it 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, 1724 Redwood Avenue sold most recently in Feb 14, 2006 for a total of $207,500. If you work out the math, that's approximately a cost of $210.02 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 $4,812 in taxes each year. 1724 Redwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,000. If we break it down further, the land itself was valued at $3,900. Improvements to the property, however, were assessed at a total of $15,100. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HANOVER PARK FIRST
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HANOVER)(PARK)(FIRST) ADD SUB OF N 100 ACS OF NE SEC 36-41-09

Ownership

  • Current Owner : LOPEZ JOSE
  • Previous Owner : MENGEL JASON A
  • Owner Before Previous Owner: DINUNZIO JOHN
  • Owner Before Previous Owner 2: DINUNZIO PAMELA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804510

Geography

  • District: 18
  • Parcel: 06-36-210-026-0000
  • Block: 5
  • Lot: 26
  • Meridian: SEC 36 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0005
  • Longitude: -88.1482

    Address

  • Full Address: 1724 Redwood Ave
  • Address - House Number: 1724
  • Address - Street Name: Redwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: C029
  • 4-Digit Zip Code: 3645
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,812
  • Tax Rate Code Area: 18027

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 254,788
  • High Value: 316,559
  • Low Value: 193,017

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $184,500
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $39,000
  • Market Improvement Value: $151,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $15,100

    Sales

  • Current Sale Contract Date: Feb 14, 2006
  • Current Sale Recording Date: Mar 28, 2006
  • Current Sale Transaction ID: 1176325219
  • Current Sale Price: $207,500
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: 0608702273
  • Previous Sale Recording Date: Jan 03, 2002
  • Previous Sale Contract Date: Dec 26, 2001
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Mar 28, 2006
  • First Mortgage Loan Amount: $166,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Apr 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SMART MTG ACCESS LLC
  • Previous Mortgage Transaction Date: Jan 03, 2002
  • Previous Mortgage Loan Amount: $145,924
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2032

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Frequently Asked Questions

What neighborhood is 1724 Redwood Avenue located in?
The 1724 Redwood Avenue is a located in the neighborhood of Hanover in Hanover Park, Hanover Park.
What is the average sales price for listings in 1724 Redwood Avenue?
The average sales price for units in 1724 Redwood Avenue is $0 currently.

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