Check Availability

4003 Owl Drive

4003 Owl Drive, Rolling Meadows, IL 60008
Property in Palatine
Sold Jul 30, 2020
$256,000
$243,200 by Homestead Funding Corp
Mortgage Due Jul 01, 2050
4003 Owl Drive 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 1957 and is 67 years old. The home has a total of 5 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, 4003 Owl Drive has 1,116 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 4,154 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. 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, 4003 Owl Drive sold most recently in Jun 7, 2020 for a total of $256,000. If you work out the math, that's approximately a cost of $229.39 per sqft. 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 $3,752 in taxes each year. 4003 Owl Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,785. If we break it down further, the land itself was valued at $2,285. Improvements to the property, however, were assessed at a total of $10,500. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1957
  • Effective Year Built: 1957
  • 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: 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: 4,154
  • Total Building Area: 1,116
  • Gross Building Area: 1,116
  • Building Area: 1,116
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,116
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLLING MEADOWS UNIT NO 12
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROSENQUIST KEVIN
  • Previous Owner : ROSENQUIST JERRY M
  • Previous Owner 2: ESTATE OF DEAN ROSENQUIST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804000

Geography

  • District: 29
  • Parcel: 02-36-313-017-0000
  • Meridian: SEC 36 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0693
  • Longitude: -88.0244

    Address

  • Full Address: 4003 Owl Dr
  • Address - House Number: 4003
  • Address - Street Name: Owl
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C022
  • 4-Digit Zip Code: 2510
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,752
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 184,414
  • High Value: 217,927
  • Low Value: 150,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,200
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $243,200
  • 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, 2050

    Market Valuation

  • Market Total Value: $127,850
  • Market Land Value: $22,850
  • Market Improvement Value: $105,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,785
  • Assessed Land Value: $2,285
  • Assessed Improvements Value: $10,500

    Sales

  • Current Sale Contract Date: Jun 07, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11776521062
  • Current Sale Price: $256,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: 2021262348

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $243,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Rolling Meadows



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1700 Maple Place, Schaumburg, IL, 60173

$1,503 /mo

  • 1 Bed
  • 1 Bath
  • 728 ft²
1700 Maple Place #204, Schaumburg, IL, 60173 Listing by Nancy Abuali
Unit for rent at 1426 E Olive Street, Palatine, IL, 60074

$2,550 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1426 E Olive Street, Palatine, IL, 60074 Listing by Romulus Olariu
Unit for rent at 5606 Tinder, Rolling Meadows, IL, 60008

$1,800 /mo

  • 2 Beds
  • 1.5 Baths
  • 980 ft²
5606 Tinder #6, Rolling Meadows, IL, 60008 Listing by Tony Stoychev
Unit for rent at 1310 Quadrant Lane, Schaumburg, IL, 60173

$3,850 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,782 ft²
1310 Quadrant Lane, Schaumburg, IL, 60173 Listing by Sunita Kakarlapudi
Unit for rent at 441 S Hale Street, Palatine, IL, 60067

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,049 ft²
441 S Hale Street, Palatine, IL, 60067 Listing by Evan Dolinsky
Unit for rent at 2238 Venture Drive, Schaumburg, IL, 60173

$3,395 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,922 ft²
2238 Venture Drive, Schaumburg, IL, 60173 Listing by Abhijit Leekha
Unit for rent at 4511 Kings Walk Drive, Rolling Meadows, IL, 60008

$1,750 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,000 ft²
4511 Kings Walk Drive, Rolling Meadows, IL, 60008 Listing by Sylvana Menolascino

Frequently Asked Questions

What neighborhood is 4003 Owl Drive located in?
The 4003 Owl Drive is a located in the neighborhood of Palatine in Rolling Meadows, Rolling Meadows.
What is the average sales price for listings in 4003 Owl Drive?
The average sales price for units in 4003 Owl Drive is $0 currently.

Quantcast