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3 North Louis Street

3 North Louis Street, Mount Prospect, IL 60056
Property in Wheeling
Sold Oct 25, 2006
$459,000
$315,000 by The Federal Savings Bank
Mortgage Due Jul 01, 2051
Local assessors in Mount Prospect, IL have categorized 3 North Louis Street as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 12,160 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 760 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3 North Louis Street has a total of 1,658 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 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 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. 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, 3 North Louis Street was last sold in Oct 11, 2006 for $459,000. According to our calculations, that's $276.84 per sqft. Current property owners are expected to pay $9,142 in taxes per year. The property on 3 North Louis Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,617. To break that down further, the land itself was valued at $12,160. While improvements to the property were assessed at a total of $25,457. 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. 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. 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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,160
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,658
  • Gross Building Area: 1,658
  • Building Area: 1,658
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,658
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SERAFINES FIRST
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANK (SERAFINES)(FIRST) ADD IN SW SW SEC34 EX W126.5 0FT THEREOF & W193FT OF SW SW SEC35 SW SW SEC 34-42-11

Ownership

  • Current Owner : VELISARIS JOHN
  • Current Owner 2: KASSITAS VELISARIS EMILY
  • Previous Owner : DIEHL RONALD K
  • Previous Owner 2: DIEHL KAREN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802802

Geography

  • District: 38
  • Parcel: 03-35-304-007-0000
  • Block: 4
  • Lot: 7
  • Meridian: SEC 34 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0667
  • Longitude: -87.9268

    Address

  • Full Address: 3 N Louis St
  • Address - House Number: 3
  • Street Direction: N
  • Address - Street Name: Louis
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C076
  • 4-Digit Zip Code: 2555
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,142
  • Tax Rate Code Area: 38020

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 477,819
  • High Value: 585,527
  • Low Value: 370,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $376,170
  • Market Land Value: $121,600
  • Market Improvement Value: $254,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,617
  • Assessed Land Value: $12,160
  • Assessed Improvements Value: $25,457

    Sales

  • Current Sale Contract Date: Oct 11, 2006
  • Current Sale Recording Date: Oct 25, 2006
  • Current Sale Transaction ID: 1176178241
  • Current Sale Price: $459,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0629840133

    Last Sale Mortgage

  • First Mortgage Lender: EQUIFIRST CORP
  • First Mortgage Transaction Date: Oct 25, 2006
  • First Mortgage Loan Amount: $367,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Nov 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 3 North Louis Street located in?
The 3 North Louis Street is a located in the neighborhood of Wheeling in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 3 North Louis Street?
The average sales price for units in 3 North Louis Street is $0 currently.

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