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2015 East Tano Lane

2015 East Tano Lane, Mount Prospect, IL 60056
Property in Wheeling
Sold Oct 03, 1994
$171,000
$110,000 by Margaretten Co
Mortgage Due Oct 01, 2024
2015 East Tano Lane has been categorized by the local assessors in Mount Prospect, IL as a residential type of property. The building on the property was first built in 1963 and is 61 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 2015 East Tano Lane has 1,225 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 9,461 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 attached 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 central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 2015 East Tano Lane was last sold in Sep 22, 1994 for $171,000. According to our calculations, that's $139.59 per sqft. Current property owners are expected to pay $4,243 in taxes per year. The property on 2015 East Tano Lane 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 $7,569. While improvements to the property were assessed at a total of $28,431. 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. 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.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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 9,461
  • Total Building Area: 1,225
  • Gross Building Area: 1,225
  • Building Area: 1,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,225
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODVIEW MANOR UNIT1
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WOODVIEW) (MANOR) (UNIT1) SUB IN NH NE SEC 25-42-11

Ownership

  • Current Owner : KWON JONG KAP
  • Current Owner 2: KWON OK JA LEE
  • Previous Owner : KIM SOO HAN
  • Previous Owner 2: KIM JOUNG AE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802605

Geography

  • District: 38
  • Parcel: 03-25-209-008-0000
  • Lot: 20
  • Meridian: SEC 25 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0916
  • Longitude: -87.8927

    Address

  • Full Address: 2015 E Tano Ln
  • Legal Unit: 1
  • Address - House Number: 2015
  • Street Direction: E
  • Address - Street Name: Tano
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C093
  • 4-Digit Zip Code: 1762
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,243
  • Tax Rate Code Area: 38044

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 446,400
  • High Value: 548,332
  • Low Value: 344,469

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: MARGARETTEN CO
  • First Open Lien Mortgage Recording Date: Oct 03, 1994
  • First Open Lien Mortgage Loan Amount: $110,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2024

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $75,690
  • Market Improvement Value: $284,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $7,569
  • Assessed Improvements Value: $28,431

    Sales

  • Current Sale Contract Date: Sep 22, 1994
  • Current Sale Recording Date: Oct 03, 1994
  • Current Sale Transaction ID: 1176150827
  • Current Sale Price: $171,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 94853281

    Last Sale Mortgage

  • First Mortgage Lender: MARGARETTEN CO
  • First Mortgage Transaction Date: Oct 03, 1994
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2024

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 2015 East Tano Lane located in?
The 2015 East Tano Lane is a located in the neighborhood of Wheeling in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 2015 East Tano Lane?
The average sales price for units in 2015 East Tano Lane is $0 currently.

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