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3502 Fremont Street

3502 Fremont Street, Rolling Meadows, IL 60008
Property in Palatine
Sold May 20, 2021
$247,000
$197,600 by One Republic Inc
Mortgage Due Jun 01, 2051
Sold Jul 20, 2005
$245,000
$196,000 by Taylor Bean & Whitaker Mortgag
Mortgage Due Jul 01, 2035
3502 Fremont Street has been categorized by the local assessors in Rolling Meadows, IL as a residential type of property. The building on the property was first built in 1956 and is 68 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 is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3502 Fremont Street has 1,003 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,670 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 10,020 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 detached 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 wood. 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. Finally, the property is currently sourcing its water from a municipal 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, 3502 Fremont Street sold most recently in May 6, 2021 for a total of $247,000. If you work out the math, that's approximately a cost of $246.26 per sqft. Before that, the property was also sold for $245,000 in Jun 10, 2005. 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 $7,089 in taxes each year. 3502 Fremont Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,154. If we break it down further, the land itself was valued at $5,511. Improvements to the property, however, were assessed at a total of $18,643. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,020
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,003
  • Gross Building Area: 1,003
  • Building Area: 1,003
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,003
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROLLING MDWS 06
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BULIGA MELANIA
  • Previous Owner : PALMER LISA J
  • Previous Owner 2: KURINEC JOHN C
  • Owner Before Previous Owner: HYNES JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803902

Geography

  • District: 29
  • Parcel: 02-26-415-018-0000
  • Lot: 1013
  • Meridian: SEC 26 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.088
  • Longitude: -88.0241

    Address

  • Full Address: 3502 Fremont St
  • Address - House Number: 3502
  • Address - Street Name: Fremont
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C020
  • 4-Digit Zip Code: 1437
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,089
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 295,809
  • High Value: 360,653
  • Low Value: 230,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,600
  • First Open Lien Mortgage Lender: ONE REPUBLIC INC
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $197,600
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $241,540
  • Market Land Value: $55,110
  • Market Improvement Value: $186,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,154
  • Assessed Land Value: $5,511
  • Assessed Improvements Value: $18,643

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11835930648
  • Current Sale Price: $247,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2114021008
  • Previous Sale Recording Date: Jul 20, 2005
  • Previous Sale Contract Date: Jun 10, 2005
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONE REPUBLIC INC
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $197,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Previous Mortgage Transaction Date: Jul 20, 2005
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

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Frequently Asked Questions

What neighborhood is 3502 Fremont Street located in?
The 3502 Fremont Street is a located in the neighborhood of Palatine in Rolling Meadows, Rolling Meadows.
What is the average sales price for listings in 3502 Fremont Street?
The average sales price for units in 3502 Fremont Street is $0 currently.

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