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407 East Park Street

407 East Park Street, Mundelein, IL 60060
Property in Libertyville
Sold May 24, 2022
$207,000
$147,028 by Pnc Bank Na
Mortgage Due Jun 01, 2052
Sold May 11, 2018
$207,000
$155,250 by Pnc Bank Na
Mortgage Due Jun 01, 2038
407 East Park Street in Mundelein, IL was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1930. This has been categorized as a residential property type. There are a total of 1 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 407 East Park Street has 1,478 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. In total, the area measurement of the land is 8,002 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a detached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Apr 24, 2022 for $207,000. That's $81.37 per sqft. Prior to that sales transaction, the property was also sold in Apr 14, 2018 for $207,000. 407 East Park Street was last assessed in 2023. The total value of the property was assessed at $65,819. Specifically, the land the property is located on was valued at $17,286. While improvements on the property were assessed at a total of $48,533. 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 $5,562. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1925
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,066
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 2,544
  • Gross Building Area: 2,752
  • Building Area: 1,478
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,478
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J P NORTONS ADD
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J P NORTONS ADD E 50 FT OF W 100 FT LOTS 11 12 & 13 & THAT P T N1/2 VAC ALLEY LYG S & ADJ BLOCK 3

Ownership

  • Current Owner : HANSEN ANNE
  • Current Owner 2: HANSEN ROBERT
  • Previous Owner : WIFLER CATHERINE M
  • Previous Owner 2: WIFLER PETER J
  • Owner Before Previous Owner: STONECIPHER BRUCE T
  • Owner Before Previous Owner 2: STONECIPHER NICKOLETTE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mundelein Consolidated High School District 120
  • Census Tract: 864001

Geography

  • Assessors Map Reference: 2590-E7
  • District: LIBERTYVILLE
  • Parcel: 11-19-324-002
  • Block: 3
  • Lot: 11
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2714
  • Longitude: -87.9985

    Address

  • Full Address: 407 E Park St
  • Address - House Number: 407
  • Street Direction: E
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mundelein
  • Carrier Code: C048
  • 4-Digit Zip Code: 1927
  • Zip Code: 60060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,562
  • Tax Rate Code Area: 11069

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 259,227
  • High Value: 306,475
  • Low Value: 211,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,028
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $147,028
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $197,477
  • Market Land Value: $51,863
  • Market Improvement Value: $145,614

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,819
  • Assessed Land Value: $17,286
  • Assessed Improvements Value: $48,533

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11888261721
  • Current Sale Price: $207,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7906359
  • Previous Sale Recording Date: May 11, 2018
  • Previous Sale Contract Date: Apr 14, 2018
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $147,028
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PNC BANK NA
  • Previous Mortgage Transaction Date: May 11, 2018
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $155,250
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Mundelein



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Frequently Asked Questions

What neighborhood is 407 East Park Street located in?
The 407 East Park Street is a located in the neighborhood of Libertyville in Mundelein, Mundelein.
What is the average sales price for listings in 407 East Park Street?
The average sales price for units in 407 East Park Street is $0 currently.

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