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306 North Elm Street

306 North Elm Street, Mount Prospect, IL 60056
Property in Wheeling
Sold Nov 04, 2020
$378,500
$302,800 by Compass Mortgage Inc
Mortgage Due Nov 01, 2050
Sold Sep 11, 2009
$175,000
$140,000 by Fifth Third Mortgage Co
Mortgage Due Sep 01, 2039
306 North Elm Street in Mount Prospect, IL was first built in 1954 and is 70 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 unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 306 North Elm Street has 1,784 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 540 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 8,100 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 are a total of 2 available parking spaces. 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 wood. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 306 North Elm Street was last sold in Oct 5, 2020 for $378,500. According to our calculations, that's $212.16 per sqft. Prior to that sales transaction, the property was sold for $175,000 in Aug 21, 2009. Current property owners are expected to pay $9,090 in taxes per year. The property on 306 North Elm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,000. To break that down further, the land itself was valued at $8,100. While improvements to the property were assessed at a total of $25,900. 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. 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.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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,784
  • Gross Building Area: 1,784
  • Building Area: 1,784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLUETTS SUB
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BLUETTS) SUB OF PT OF NH SE SEC 34-42-11

Ownership

  • Current Owner : ESQUIVEL GABRIELLA
  • Current Owner 2: KACZMARCZYK DYLAN J
  • Previous Owner : MATELA IZABELA
  • Previous Owner 2: MATELA DARIUSZ
  • Owner Before Previous Owner: BEHUN SALLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 38
  • Parcel: 03-34-402-020-0000
  • Block: 5
  • Lot: 8
  • Meridian: SEC 34 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0723
  • Longitude: -87.933

    Address

  • Full Address: 306 N Elm St
  • Address - House Number: 306
  • Street Direction: N
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C104
  • 4-Digit Zip Code: 2521
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,090
  • Tax Rate Code Area: 38020

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 450,099
  • High Value: 552,163
  • Low Value: 348,036

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $302,800
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $302,800
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $81,000
  • Market Improvement Value: $259,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $8,100
  • Assessed Improvements Value: $25,900

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Transaction ID: 11797030917
  • Current Sale Price: $378,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2030916108
  • Previous Sale Recording Date: Sep 11, 2009
  • Previous Sale Contract Date: Aug 21, 2009
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: Nov 04, 2020
  • First Mortgage Loan Amount: $302,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 11, 2009
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2039

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 306 North Elm Street located in?
The 306 North Elm Street is a located in the neighborhood of Wheeling in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 306 North Elm Street?
The average sales price for units in 306 North Elm Street is $0 currently.

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