Check Availability

400 Krause Avenue

400 Krause Avenue, Streamwood, IL 60107
Property in Hanover
Sold Mar 18, 2021
$220,000
$215,916 by Neighborhood Loans
Mortgage Due Mar 01, 2051
Local assessors in Streamwood, IL have categorized 400 Krause Avenue as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 8,150 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. 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 400 Krause Avenue has a total of 945 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame 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 wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Feb 4, 2021 for $220,000. That's $232.80 per sqft. 400 Krause Avenue was last assessed in 2023. The total value of the property was assessed at $20,000. Specifically, the land the property is located on was valued at $4,075. While improvements on the property were assessed at a total of $15,925. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,999. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,150
  • Total Building Area: 945
  • Gross Building Area: 945
  • Building Area: 945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 945
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND HEIGHTS UNIT11
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WOODLAND)(HEIGHTS)(UNIT11) SUB IN NE & SE & SW SEC 26-41-09

Ownership

  • Current Owner : CHAVEZ VICTOR
  • Previous Owner : FREEMAN ROBERT T
  • Previous Owner 2: MILLER MICHELLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804509

Geography

  • District: 18
  • Parcel: 06-26-407-016-0000
  • Lot: 4242
  • Meridian: SEC 26 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0055
  • Longitude: -88.1735

    Address

  • Full Address: 400 Krause Ave
  • Legal Unit: 11
  • Address - House Number: 400
  • Address - Street Name: Krause
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Streamwood
  • Carrier Code: C016
  • 4-Digit Zip Code: 3029
  • Zip Code: 60107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,999
  • Tax Rate Code Area: 18023

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 256,238
  • High Value: 318,389
  • Low Value: 194,086

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,916
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $215,916
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $40,750
  • Market Improvement Value: $159,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $4,075
  • Assessed Improvements Value: $15,925

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Transaction ID: 11825595087
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2107742097

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Mar 18, 2021
  • First Mortgage Loan Amount: $215,916
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Streamwood



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 370 Winfield Court, Schaumburg, IL, 60194

$2,300 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,500 ft²
370 Winfield Court #370, Schaumburg, IL, 60194 Listing by Vikram Sagar

Frequently Asked Questions

What neighborhood is 400 Krause Avenue located in?
The 400 Krause Avenue is a located in the neighborhood of Hanover in Streamwood, Streamwood.
What is the average sales price for listings in 400 Krause Avenue?
The average sales price for units in 400 Krause Avenue is $0 currently.

Quantcast