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401 South See Gwun Avenue

401 South See Gwun Avenue, Mount Prospect, IL 60056
Property in Elk Grove
Sold Sep 09, 2021
$384,500
$307,600 by Loan Cabin Inc
Mortgage Due Sep 01, 2051
Sold Feb 04, 2014
$340,000
$289,000 by Perl Mortgage Inc
Mortgage Due Feb 01, 2044
401 South See Gwun Avenue in Mount Prospect, IL was first built in 1955 and is 69 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 bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 401 South See Gwun Avenue has 1,182 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 600 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 9,666 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 attached 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 masonry 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 masonry. 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. The property was last sold in Aug 20, 2021 for $384,500. That's $325.30 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2014 for $340,000. 401 South See Gwun Avenue was last assessed in 2023. The total value of the property was assessed at $38,000. Specifically, the land the property is located on was valued at $9,666. While improvements on the property were assessed at a total of $28,334. 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 $10,178. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1955
  • Effective Year Built: 1955
  • 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: Masonry
  • 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: 9,666
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,182
  • Gross Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,182
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PROSPECT PARK COUNTRY CLUB
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 20 IN BLK 20 IN PROSPECT PARK C OUNTRY CLUB SUB SE4 OF SEC11 T41N R 11E 3P

Ownership

  • Current Owner : LAPORTA VITO ROCCO
  • Current Owner 2: CONNER COURTNEY ANN
  • Previous Owner : MCDONALD JASON
  • Previous Owner 2: MCDONALD BRIDGET
  • Owner Before Previous Owner: KRANOVICH MATTHEW E
  • Owner Before Previous Owner 2: KRANOVICH MARY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805001

Geography

  • District: 16
  • Parcel: 08-11-401-001-0000
  • Block: 20
  • Lot: 20
  • Meridian: SEC 11 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.059
  • Longitude: -87.949

    Address

  • Full Address: 401 S See Gwun Ave
  • Address - House Number: 401
  • Street Direction: S
  • Address - Street Name: See Gwun
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C063
  • 4-Digit Zip Code: 3627
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,178
  • Tax Rate Code Area: 16016

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 446,095
  • High Value: 547,687
  • Low Value: 344,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $307,600
  • First Open Lien Mortgage Lender: LOAN CABIN INC
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $307,600
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $96,660
  • Market Improvement Value: $283,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $9,666
  • Assessed Improvements Value: $28,334

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11855404079
  • Current Sale Price: $384,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2125207323
  • Previous Sale Recording Date: Feb 04, 2014
  • Previous Sale Contract Date: Jan 30, 2014
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOAN CABIN INC
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $307,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PERL MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 04, 2014
  • Previous Mortgage Loan Amount: $289,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2044

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 401 South See Gwun Avenue located in?
The 401 South See Gwun Avenue is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 401 South See Gwun Avenue?
The average sales price for units in 401 South See Gwun Avenue is $0 currently.

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