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437 West Munroe Circle South

437 West Munroe Circle South, Des Plaines, IL 60016
Property in Elk Grove
Sold Jul 18, 2019
$295,000
$190,000 by Draper & Kramer Mortgage Corp
Mortgage Due Sep 01, 2035
Local assessors in Des Plaines, IL have categorized 437 West Munroe Circle South as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 8,800 square feet. 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 8 rooms in the home. Of these, 4 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 2 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 437 West Munroe Circle South has a total of 2,359 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 437 West Munroe Circle South sold most recently in Jul 12, 2019 for a total of $295,000. If you work out the math, that's approximately a cost of $125.05 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 $7,147 in taxes each year. 437 West Munroe Circle South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,500. If we break it down further, the land itself was valued at $7,920. Improvements to the property, however, were assessed at a total of $21,580. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,800
  • Total Building Area: 2,359
  • Gross Building Area: 2,359
  • Building Area: 2,359
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,359
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAYCINDEN PARK
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WAYCINDEN)(PARK) SUB OF NH SEC 24-41-11

Ownership

  • Current Owner : PATEL DHIREN
  • Current Owner 2: PATEL SEJALBEN
  • Previous Owner : GILMORE BRIDGIT F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805111

Geography

  • District: 16
  • Parcel: 08-24-109-009-0000
  • Meridian: SEC 24 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0347
  • Longitude: -87.9314

    Address

  • Full Address: 437 W Walnut Ave
  • Address - House Number: 437
  • Street Direction: W
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C018
  • 4-Digit Zip Code: 5815
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,147
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 375,001
  • High Value: 451,267
  • Low Value: 298,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $190,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $295,000
  • Market Land Value: $79,200
  • Market Improvement Value: $215,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,500
  • Assessed Land Value: $7,920
  • Assessed Improvements Value: $21,580

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 18, 2019
  • Current Sale Transaction ID: 11622367903
  • Current Sale Price: $295,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1919949086

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 18, 2019
  • First Mortgage Loan Amount: $236,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Des Plaines



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Frequently Asked Questions

What neighborhood is 437 West Munroe Circle South located in?
The 437 West Munroe Circle South is a located in the neighborhood of Elk Grove in Des Plaines, Des Plaines.
What is the average sales price for listings in 437 West Munroe Circle South?
The average sales price for units in 437 West Munroe Circle South is $0 currently.

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