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260 Mc Walter Drive

260 Mc Walter Drive, Roselle, IL 60172
Property in Schaumburg
Sold May 15, 2002
$480,000
$510,000 by Draper & Kramer Mortgage Corp
Mortgage Due Apr 01, 2036
Local assessors in Roselle, IL have categorized 260 Mc Walter Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 12,061 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 260 Mc Walter Drive has a total of 3,790 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 attached garage for those who need a place to park their vehicle. There are 3 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 masonry 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 260 Mc Walter Drive sold most recently in Mar 6, 2002 for a total of $480,000. If you work out the math, that's approximately a cost of $126.65 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 $17,630 in taxes each year. 260 Mc Walter Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $66,000. If we break it down further, the land itself was valued at $4,824. Improvements to the property, however, were assessed at a total of $61,176. 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: 2002
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 12,061
  • Total Building Area: 3,790
  • Gross Building Area: 3,790
  • Building Area: 3,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,790
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW CENTURY COVE
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATEL HEMALI
  • Previous Owner : STATE BANK OF COUNTRYSIDE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804607

Geography

  • District: 35
  • Parcel: 07-34-413-008-0000
  • Lot: 17
  • Meridian: SEC 34 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 41.994
  • Longitude: -88.0735

    Address

  • Full Address: 260 Mcwalter Dr
  • Address - House Number: 260
  • Address - Street Name: Mcwalter
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Roselle
  • Carrier Code: R001
  • 4-Digit Zip Code: 4909
  • Zip Code: 60172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,630
  • Tax Rate Code Area: 35042

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 773,682
  • High Value: 950,344
  • Low Value: 597,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $660,000
  • Market Land Value: $48,240
  • Market Improvement Value: $611,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,000
  • Assessed Land Value: $4,824
  • Assessed Improvements Value: $61,176

    Sales

  • Current Sale Contract Date: Mar 06, 2002
  • Current Sale Recording Date: May 15, 2002
  • Current Sale Transaction ID: 1073047331
  • Current Sale Price: $480,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0020555712

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Mortgage Transaction Date: May 15, 2002
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2032

About Roselle



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Frequently Asked Questions

What neighborhood is 260 Mc Walter Drive located in?
The 260 Mc Walter Drive is a located in the neighborhood of Schaumburg in Roselle, Roselle.
What is the average sales price for listings in 260 Mc Walter Drive?
The average sales price for units in 260 Mc Walter Drive is $0 currently.

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