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51 Woodcrest Lane

51 Woodcrest Lane, Elk Grove Village, IL 60007
Property in Elk Grove
Sold Jun 14, 2021
$267,000
$213,600 by Wintrust Mortgage
Mortgage Due Jul 01, 2051
Sold Mar 18, 2020
$225,000
$135,000 by Freedom Mortgage Corp
Mortgage Due Apr 01, 2035
51 Woodcrest Lane in Elk Grove Village, IL was first built in 1958 and is 66 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 51 Woodcrest Lane has 1,633 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 700 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,985 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. For those who need parking, there is a no garage. 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 frame 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. 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, 51 Woodcrest Lane was last sold in Jun 7, 2021 for $267,000. According to our calculations, that's $163.50 per sqft. Prior to that sales transaction, the property was sold for $225,000 in Feb 27, 2020. Current property owners are expected to pay $6,006 in taxes per year. The property on 51 Woodcrest Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,000. To break that down further, the land itself was valued at $7,188. While improvements to the property were assessed at a total of $20,812. 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. 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. 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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,985
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,633
  • Gross Building Area: 1,633
  • Building Area: 1,633
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,633
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD TO ELK GROVE VILLAGE SECTION1
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FIRST) ADD TO (ELK) (GROVE) VILLAGE (SECTION1) NORTH A RESUB OF LTS285-289 INCL OF ELK GROVE VILL SEC1 NORTH SUB IN SE SEC 2

Ownership

  • Current Owner : PATEL RITESHKUMAR N
  • Previous Owner : PATEL GOPI V
  • Owner Before Previous Owner: PATEL ANIL M
  • Owner Before Previous Owner 2: PATEL SEJAL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 770400

Geography

  • District: 16
  • Parcel: 08-21-414-029-0000
  • Lot: 285-2
  • Meridian: SEC 21 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0239
  • Longitude: -87.9836

    Address

  • Full Address: 51 Woodcrest Ln
  • Address - House Number: 51
  • Address - Street Name: Woodcrest
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elk Grove Village
  • Carrier Code: C010
  • 4-Digit Zip Code: 1423
  • Zip Code: 60007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,006
  • Tax Rate Code Area: 16035

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 352,606
  • High Value: 432,575
  • Low Value: 272,636

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,600
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $213,600
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $71,880
  • Market Improvement Value: $208,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $7,188
  • Assessed Improvements Value: $20,812

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11839848277
  • Current Sale Price: $267,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2116517099
  • Previous Sale Recording Date: Mar 18, 2020
  • Previous Sale Contract Date: Feb 27, 2020
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $213,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 18, 2020
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Elk Grove Village



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Frequently Asked Questions

What neighborhood is 51 Woodcrest Lane located in?
The 51 Woodcrest Lane is a located in the neighborhood of Elk Grove in Elk Grove Village, Elk Grove Village.
What is the average sales price for listings in 51 Woodcrest Lane?
The average sales price for units in 51 Woodcrest Lane is $0 currently.

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