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1875 Windmill Drive

1875 Windmill Drive, Hanover Park, IL 60133
Property in Wayne
Sold Oct 14, 2020
$280,000
$266,000 by Tcf National Bank
Mortgage Due Oct 01, 2050
Sold May 17, 2017
$260,000
$195,000 by Caliber Home Loans Inc
Mortgage Due Jun 01, 2047
1875 Windmill Drive 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 1990 and is 34 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1875 Windmill Drive has 1,856 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 960 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,841 square feet.

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 garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal 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, 1875 Windmill Drive sold most recently in Sep 21, 2020 for a total of $280,000. If you work out the math, that's approximately a cost of $150.86 per sqft. Before that, the property was also sold for $260,000 in May 3, 2017. 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 $9,124 in taxes each year. 1875 Windmill Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $96,790. If we break it down further, the land itself was valued at $29,530. Improvements to the property, however, were assessed at a total of $67,260. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 960
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,856
  • Gross Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,856
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FARMINGTON UNIT 2 PHASE 1
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FARMINGTON UNIT 2 PHASE 1 ALL

Ownership

  • Current Owner : PATEL VARSHABEN DINESH
  • Current Owner 2: PATEL BRIJESHBHAI DINESH
  • Previous Owner : PATEL HARSHADBHAI
  • Previous Owner 2: PATEL LILAVATIBEN
  • Owner Before Previous Owner: FU TONG
  • Owner Before Previous Owner 2: NI ALICE XUEJUN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: HANOVER PARK
  • Census Tract: 841322

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-D2
  • Subdivision Phase Number: 1
  • Parcel: 01-13-412-033
  • Lot: 152
  • Municipality: WAYNE
  • Latitude: 41.949
  • Longitude: -88.1531

    Address

  • Full Address: 1875 Windmill Dr
  • Legal Unit: 2
  • Address - House Number: 1875
  • Address - Street Name: Windmill
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: R018
  • 4-Digit Zip Code: 6745
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,124
  • Tax Rate Code Area: 1004

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 375,925
  • High Value: 440,422
  • Low Value: 311,428

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,000
  • First Open Lien Mortgage Lender: TCF NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 14, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $266,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $290,370
  • Market Land Value: $88,590
  • Market Improvement Value: $201,780

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,790
  • Assessed Land Value: $29,530
  • Assessed Improvements Value: $67,260

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Transaction ID: 11793251308
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020-117968
  • Previous Sale Recording Date: May 17, 2017
  • Previous Sale Contract Date: May 03, 2017
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TCF NATIONAL BANK
  • First Mortgage Transaction Date: Oct 14, 2020
  • First Mortgage Loan Amount: $266,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: May 17, 2017
  • Previous Mortgage Loan Amount: $195,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Hanover Park



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Frequently Asked Questions

What neighborhood is 1875 Windmill Drive located in?
The 1875 Windmill Drive is a located in the neighborhood of Wayne in Hanover Park, Hanover Park.
What is the average sales price for listings in 1875 Windmill Drive?
The average sales price for units in 1875 Windmill Drive is $0 currently.

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