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407 Freeman Avenue

407 Freeman Avenue, Streamwood, IL 60107
Property in Hanover
Sold Nov 18, 2002
$132,000
$105,000 by Elgin Financial Svgs Bank
Mortgage Due Nov 01, 2032
407 Freeman Avenue has been categorized by the local assessors in Streamwood, IL as a residential type of property. The building on the property was first built in 1971 and is 53 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, 407 Freeman Avenue has 925 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 7,812 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 attached garage for those who require parking. According to our sources, there is one available parking space. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 407 Freeman Avenue was last sold in Oct 29, 2002 for $132,000. According to our calculations, that's $142.70 per sqft. Current property owners are expected to pay $4,973 in taxes per year. The property on 407 Freeman Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,000. To break that down further, the land itself was valued at $3,906. While improvements to the property were assessed at a total of $16,094. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 7,812
  • Total Building Area: 925
  • Gross Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND HEIGHTS 11
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MILLER MARK S
  • Previous Owner : MILLER JACK L
  • Previous Owner 2: MAENPAA SANDRA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 18
  • Parcel: 06-26-407-012-0000
  • Lot: 4123
  • Meridian: SEC 26 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0058
  • Longitude: -88.1728

    Address

  • Full Address: 407 Freeman Ave
  • Address - House Number: 407
  • Address - Street Name: Freeman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Streamwood
  • Carrier Code: C016
  • 4-Digit Zip Code: 3024
  • Zip Code: 60107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,973
  • Tax Rate Code Area: 18023

    Appraisal Valuation

  • Standard Deviation: 0.2513
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 237,027
  • High Value: 296,602
  • Low Value: 177,452

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: ELGIN FINANCIAL SVGS BANK
  • First Open Lien Mortgage Recording Date: Nov 18, 2002
  • First Open Lien Mortgage Loan Amount: $105,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2032
  • Second Open Lien Mortgage Lender: MIDAMERICA BANK FSB
  • Second Open Lien Mortgage Recording Date: Aug 27, 2007
  • Second Open Lien Mortgage Loan Amount: $45,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2027

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $39,060
  • Market Improvement Value: $160,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $3,906
  • Assessed Improvements Value: $16,094

    Sales

  • Current Sale Contract Date: Oct 29, 2002
  • Current Sale Recording Date: Nov 18, 2002
  • Current Sale Transaction ID: 1092384289
  • Current Sale Price: $132,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 0021264992

    Last Sale Mortgage

  • First Mortgage Lender: ELGIN FINANCIAL SVGS BANK
  • First Mortgage Transaction Date: Nov 18, 2002
  • First Mortgage Loan Amount: $105,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2032

About Streamwood



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Frequently Asked Questions

What neighborhood is 407 Freeman Avenue located in?
The 407 Freeman Avenue is a located in the neighborhood of Hanover in Streamwood, Streamwood.
What is the average sales price for listings in 407 Freeman Avenue?
The average sales price for units in 407 Freeman Avenue is $0 currently.

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