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542 Gateshead North

542 Gateshead North, Elk Grove Village, IL 60007
Property in Elk Grove
Sold Jun 14, 2021
$325,000
$250,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051
542 Gateshead North has been categorized by the local assessors in Elk Grove Village, IL as a residential type of property. The building on the property was first built in 1969 and is 55 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 542 Gateshead North has 1,791 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 7,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 are a total of 2 available parking spaces. 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 air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Jun 2, 2021 for $325,000. That's $181.46 per sqft. 542 Gateshead North was last assessed in 2023. The total value of the property was assessed at $35,000. Specifically, the land the property is located on was valued at $6,545. While improvements on the property were assessed at a total of $28,455. 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 $7,047. 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. 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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 7,700
  • Total Building Area: 1,791
  • Gross Building Area: 1,791
  • Building Area: 1,791
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,791
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELK GROVE VILLAGE SECTION15
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ELK) (GROVE) VILLAGE (SECTION15) SUB SEC 32-41-11

Ownership

  • Current Owner : LESLIE WILLIAM
  • Current Owner 2: LESLIE ROSSANA
  • Previous Owner : SANDERS JILL A
  • Previous Owner 2: ESTATE OF RITA THOMEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 770201

Geography

  • District: 16
  • Parcel: 08-32-107-019-0000
  • Lot: 4529
  • Meridian: SEC 32 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 41.9999
  • Longitude: -88.0156

    Address

  • Full Address: 542 Gateshead N
  • Address - House Number: 542
  • Street Segment Direction: N
  • Address - Street Name: Gateshead
  • State: IL
  • City Name: Elk Grove Village
  • Carrier Code: C003
  • 4-Digit Zip Code: 3434
  • Zip Code: 60007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,047
  • Tax Rate Code Area: 16035

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 414,407
  • High Value: 507,410
  • Low Value: 321,403

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: $350,000
  • Market Land Value: $65,450
  • Market Improvement Value: $284,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $6,545
  • Assessed Improvements Value: $28,455

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11839848283
  • Current Sale Price: $325,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2116510241

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Elk Grove Village



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Frequently Asked Questions

What neighborhood is 542 Gateshead North located in?
The 542 Gateshead North 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 542 Gateshead North?
The average sales price for units in 542 Gateshead North is $0 currently.

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