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214 South William Street

214 South William Street, Mount Prospect, IL 60056
Property in Elk Grove
Sold Jun 13, 2005
$315,000
Sold Oct 12, 2004
$291,000
$150,000 by Bank Of America Na
Mortgage Due Oct 01, 2034
214 South William Street in Mount Prospect, IL was first built in 1950 and is 74 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 split level style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 214 South William Street has 961 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 500 ft and the linear feet between the front and back of the lot is 1,570. In total, the area measurement of the land is 7,850 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. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There is one available parking space. 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. The property was last sold in May 31, 2005 for $315,000. That's $327.78 per sqft. Prior to that sales transaction, the property was also sold in Sep 23, 2004 for $291,000. 214 South William Street was last assessed in 2023. The total value of the property was assessed at $25,544. Specifically, the land the property is located on was valued at $7,458. While improvements on the property were assessed at a total of $18,086. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,925. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • 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: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,850
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 500
  • Total Building Area: 961
  • Gross Building Area: 961
  • Building Area: 961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 961
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MORNINGSIDE GARDENS
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (MORNINGSIDE)(GARDENS) SUB NE SEC 12-41-11

Ownership

  • Current Owner : GERVASI RALPH A
  • Previous Owner : HARTMANN PETER J
  • Previous Owner 2: HARTMANN KANAKO Y
  • Owner Before Previous Owner: TOMEK JOSEF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804901

Geography

  • District: 16
  • Parcel: 08-12-215-020-0000
  • Lot: 29
  • Meridian: SEC 12 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0616
  • Longitude: -87.9288

    Address

  • Full Address: 214 S William St
  • Address - House Number: 214
  • Street Direction: S
  • Address - Street Name: William
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C076
  • 4-Digit Zip Code: 3325
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,925
  • Tax Rate Code Area: 16016

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 341,760
  • High Value: 420,425
  • Low Value: 263,094

    Market Valuation

  • Market Total Value: $255,440
  • Market Land Value: $74,580
  • Market Improvement Value: $180,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,544
  • Assessed Land Value: $7,458
  • Assessed Improvements Value: $18,086

    Sales

  • Current Sale Contract Date: May 31, 2005
  • Current Sale Recording Date: Jun 13, 2005
  • Current Sale Transaction ID: 1176423033
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0516456065
  • Previous Sale Recording Date: Oct 12, 2004
  • Previous Sale Contract Date: Sep 23, 2004
  • Previous Sale Amount: $291,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF ARIZONA
  • First Mortgage Transaction Date: Jun 13, 2005
  • First Mortgage Loan Amount: $251,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2035
  • Second Mortgage Loan Amount: $47,200

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 12, 2004
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2034

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 214 South William Street located in?
The 214 South William Street is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 214 South William Street?
The average sales price for units in 214 South William Street is $0 currently.

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