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403 Sandy Lane

403 Sandy Lane, Des Plaines, IL 60016
Property in Elk Grove
Sold Jul 20, 2021
$385,000
Sold Apr 06, 1999
$225,000
$168,750 by Fremont Investment & Loan
Mortgage Due Apr 01, 2029
Local assessors in Des Plaines, IL have categorized 403 Sandy Lane as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 8,636 square feet. The linear feet between the front and back of the lot was measured at 680 ft and the front of the lot was measured at 1,270 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 403 Sandy Lane has a total of 1,693 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 are 2 available parking spaces so it's a great situation for those with more than one car. 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 central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 403 Sandy Lane sold most recently in Jul 16, 2021 for a total of $385,000. If you work out the math, that's approximately a cost of $227.41 per sqft. Before that, the property was also sold for $225,000 in Mar 22, 1999. 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 $7,472 in taxes each year. 403 Sandy Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,000. If we break it down further, the land itself was valued at $7,772. Improvements to the property, however, were assessed at a total of $29,228. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,636
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,693
  • Gross Building Area: 1,693
  • Building Area: 1,693
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,693
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KUNTZES HIGH RIDGE KNOLLS UNIT6
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KUNTZES) HIGH RIDGE (KNOLLS)(UNIT6) RESUB OF PTS OF LTS 12 & 13 OF OWNERS SUB OF SEC 13 SEC 13-41-11

Ownership

  • Current Owner : SALGADO REYNALDA
  • Current Owner 2: SALGADO EILEEN
  • Previous Owner : BAXTER ANNE M
  • Previous Owner 2: CALDERON CONNIE
  • Owner Before Previous Owner: MAGGIO GUMUSHIAN JOSEPH A
  • Owner Before Previous Owner 2: MAGGIO GUMUSHIAN DIANA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804902

Geography

  • District: 16
  • Parcel: 08-13-317-011-0000
  • Block: 2
  • Lot: 12,13
  • Meridian: SEC 13 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0424
  • Longitude: -87.9319

    Address

  • Full Address: 403 Sandy Ln
  • Legal Unit: 6
  • Address - House Number: 403
  • Address - Street Name: Sandy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C030
  • 4-Digit Zip Code: 2638
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,472
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 444,531
  • High Value: 546,408
  • Low Value: 342,655

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $77,720
  • Market Improvement Value: $292,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $7,772
  • Assessed Improvements Value: $29,228

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11846260257
  • Current Sale Price: $385,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2120147003
  • Previous Sale Recording Date: Apr 06, 1999
  • Previous Sale Contract Date: Mar 22, 1999
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FREMONT INVESTMENT & LOAN
  • Previous Mortgage Transaction Date: Apr 06, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $168,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2029

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Frequently Asked Questions

What neighborhood is 403 Sandy Lane located in?
The 403 Sandy Lane is a located in the neighborhood of Elk Grove in Des Plaines, Des Plaines.
What is the average sales price for listings in 403 Sandy Lane?
The average sales price for units in 403 Sandy Lane is $0 currently.

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