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303 Villa Road

303 Villa Road, Streamwood, IL 60107
Property in Hanover
Sold Jun 21, 2022
$330,000
$296,900 by Bank Of America Na
Mortgage Due Jul 01, 2052
Sold May 03, 2022
$213,000
303 Villa Road has been categorized by the local assessors in Streamwood, IL as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 6 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 303 Villa Road has 1,131 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 6,937 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 are a total of 2 available parking spaces. 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 masonry. 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. 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, 303 Villa Road sold most recently in May 18, 2022 for a total of $330,000. If you work out the math, that's approximately a cost of $291.78 per sqft. Before that, the property was also sold for $213,000 in Apr 11, 2022. 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 $6,773 in taxes each year. 303 Villa Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,001. If we break it down further, the land itself was valued at $3,469. Improvements to the property, however, were assessed at a total of $22,532. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Aluminum Siding
Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,937
  • Total Building Area: 1,131
  • Gross Building Area: 1,131
  • Building Area: 1,131
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,131
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND HEIGHTS UNIT4
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WOODLAND)(HEIGHTS)(UNIT4) SUB PTS OF SECS 23-24 SEC 24-41-09

Ownership

  • Current Owner : PATEL KALPESHKUMAR S
  • Current Owner 2: PATEL DEVALBAHEN K
  • Previous Owner : MC ACQUISITIONS LLC
  • Owner Before Previous Owner: HERRERA JORGE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804305

Geography

  • District: 18
  • Parcel: 06-23-216-019-0000
  • Lot: 1662
  • Meridian: SEC 24 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0257
  • Longitude: -88.1646

    Address

  • Full Address: 303 Villa Rd
  • Legal Unit: 4
  • Address - House Number: 303
  • Address - Street Name: Villa
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Streamwood
  • Carrier Code: C028
  • 4-Digit Zip Code: 1745
  • Zip Code: 60107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,773
  • Tax Rate Code Area: 18023

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 293,091
  • High Value: 364,181
  • Low Value: 222,001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,900
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 21, 2022
  • First Open Lien Mortgage Loan Amount: $296,900
  • 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, 2052

    Market Valuation

  • Market Total Value: $260,010
  • Market Land Value: $34,690
  • Market Improvement Value: $225,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,001
  • Assessed Land Value: $3,469
  • Assessed Improvements Value: $22,532

    Sales

  • Current Sale Contract Date: May 18, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Transaction ID: 11905288418
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28162
  • Previous Sale Recording Date: May 03, 2022
  • Previous Sale Contract Date: Apr 11, 2022
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 21, 2022
  • First Mortgage Loan Amount: $296,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

About Streamwood



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Frequently Asked Questions

What neighborhood is 303 Villa Road located in?
The 303 Villa Road is a located in the neighborhood of Hanover in Streamwood, Streamwood.
What is the average sales price for listings in 303 Villa Road?
The average sales price for units in 303 Villa Road is $0 currently.

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