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1940 Koehler Drive

1940 Koehler Drive, Des Plaines, IL 60018
Property in Maine
Sold Dec 09, 2002
$312,000
$150,000 by Abn Amro Mtg Group Inc
Mortgage Due Dec 01, 2032
Local assessors in Des Plaines, IL have categorized 1940 Koehler Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 7,125 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1940 Koehler Drive has a total of 1,602 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1940 Koehler Drive sold most recently in Nov 14, 2002 for a total of $312,000. If you work out the math, that's approximately a cost of $194.76 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 $7,354 in taxes each year. 1940 Koehler Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,000. If we break it down further, the land itself was valued at $4,631. Improvements to the property, however, were assessed at a total of $27,369. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,125
  • Total Building Area: 1,602
  • Gross Building Area: 1,602
  • Building Area: 1,602
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,602
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORCHARD LAKE
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ORCHARD)(LAKE) SUB OF EX E 257 FT OF SH SE NW SEC 29-41-12

Ownership

  • Current Owner : HOTOUSIOTIS GUS
  • Current Owner 2: HOTOUSIOTIS PATTY
  • Previous Owner : PARKWAY BANK & TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 770602

Geography

  • District: 22
  • Parcel: 09-29-101-141-0000
  • Lot: 5
  • Meridian: SEC 29 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0173
  • Longitude: -87.899

    Address

  • Full Address: 1940 Koehler Dr
  • Address - House Number: 1940
  • Address - Street Name: Koehler
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C027
  • 4-Digit Zip Code: 2020
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,354
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2584
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 446,453
  • High Value: 561,853
  • Low Value: 331,052

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: ABN AMRO MTG GROUP INC
  • First Open Lien Mortgage Recording Date: Dec 09, 2002
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2032
  • Second Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: May 11, 2022
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 13, 2052

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $46,310
  • Market Improvement Value: $273,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $4,631
  • Assessed Improvements Value: $27,369

    Sales

  • Current Sale Contract Date: Nov 14, 2002
  • Current Sale Recording Date: Dec 09, 2002
  • Current Sale Transaction ID: 1041381883
  • Current Sale Price: $312,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0021354114

    Last Sale Mortgage

  • First Mortgage Lender: ABN AMRO MTG GROUP INC
  • First Mortgage Transaction Date: Dec 09, 2002
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2032

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Frequently Asked Questions

What neighborhood is 1940 Koehler Drive located in?
The 1940 Koehler Drive is a located in the neighborhood of Maine in Des Plaines, Des Plaines.
What is the average sales price for listings in 1940 Koehler Drive?
The average sales price for units in 1940 Koehler Drive is $0 currently.

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