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1811 West Palm Drive

1811 West Palm Drive, Mount Prospect, IL 60056
Property in Elk Grove
Sold Jan 07, 2019
$325,500
$137,871 by Hometrust Mortgage Corp
Mortgage Due Jan 01, 2049
Sold Apr 24, 2014
Transfer
$250,610 by Quicken Loans Inc
Mortgage Due Apr 01, 2029
1811 West Palm Drive in Mount Prospect, IL was first built in 1971 and is 53 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 unknown. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1811 West Palm Drive has 2,168 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 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,200 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. For those who need parking, there is a attached 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 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 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1811 West Palm Drive was last sold in Dec 12, 2018 for $325,500. According to our calculations, that's $150.14 per sqft. Current property owners are expected to pay $7,466 in taxes per year. The property on 1811 West Palm Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $36,000. To break that down further, the land itself was valued at $7,560. While improvements to the property were assessed at a total of $28,440. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,168
  • Gross Building Area: 2,168
  • Building Area: 2,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ELK RDG VILLA 07
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARUTHAMUTHU UMAKANTHAN
  • Current Owner 2: UMAKANTHAN VIGNESH
  • Previous Owner : MANNING PETER T
  • Previous Owner 2: HYMAN RACHEL L
  • Owner Before Previous Owner: MANNING PETER T
  • Owner Before Previous Owner 2: HYMAN RACHEL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805108

Geography

  • District: 16
  • Parcel: 08-15-209-011-0000
  • Lot: 556
  • Meridian: SEC 15 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0466
  • Longitude: -87.9661

    Address

  • Full Address: 1811 W Palm Dr
  • Address - House Number: 1811
  • Street Direction: W
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C060
  • 4-Digit Zip Code: 4401
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,466
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 437,838
  • High Value: 526,139
  • Low Value: 349,538

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,871
  • First Open Lien Mortgage Lender: HOMETRUST MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 07, 2019
  • First Open Lien Mortgage Loan Amount: $137,871
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $75,600
  • Market Improvement Value: $284,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $7,560
  • Assessed Improvements Value: $28,440

    Sales

  • Current Sale Contract Date: Dec 12, 2018
  • Current Sale Recording Date: Jan 07, 2019
  • Current Sale Transaction ID: 11558149300
  • Current Sale Price: $325,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1900719058
  • Previous Sale Recording Date: Apr 24, 2014
  • Previous Sale Contract Date: Mar 24, 2014
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 07, 2019
  • First Mortgage Loan Amount: $137,871
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Apr 24, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $250,610
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2029

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 1811 West Palm Drive located in?
The 1811 West Palm Drive is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 1811 West Palm Drive?
The average sales price for units in 1811 West Palm Drive is $0 currently.

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