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600 Delaware Lane

600 Delaware Lane, Elk Grove Village, IL 60007
Property in Schaumburg
Sold Jun 01, 2021
$445,000
$400,500 by M Squared Financial Llc
Mortgage Due Jun 01, 2051
Sold Oct 07, 2013
$360,000
$285,000 by Rushmore Loan Management Servi
Mortgage Due Sep 01, 2043
Local assessors in Elk Grove Village, IL have categorized 600 Delaware Lane as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 700 ft and the front of the lot was measured at 1,000 ft. 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 7 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 3 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 600 Delaware Lane has a total of 1,761 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 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. The property was last sold in May 10, 2021 for $445,000. That's $252.70 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2013 for $360,000. 600 Delaware Lane was last assessed in 2023. The total value of the property was assessed at $41,000. Specifically, the land the property is located on was valued at $9,100. While improvements on the property were assessed at a total of $31,900. 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 $11,580. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,761
  • Gross Building Area: 1,761
  • Building Area: 1,761
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,761
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAT OF RESUBDIVISION NUMBER4
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PLAT) OF RESUBDIVISION (NUMBER4) FOR A PORTION OF WI NSTON GROVE SECTION23B BNG A SUB OF PT OF SEC 26-41-10

Ownership

  • Current Owner : BURKE PATRICK
  • Current Owner 2: KAWATA SACHIKO
  • Previous Owner : ANGELOV ANDREAN D
  • Previous Owner 2: ANDREAN D ANGELOV 2020 LIVING
  • Owner Before Previous Owner: HUTCHINSON KEVIN J
  • Owner Before Previous Owner 2: HUTCHINSON ROBERTA ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804606

Geography

  • District: 35
  • Parcel: 07-26-407-032-0000
  • Lot: 42
  • Meridian: SEC 26 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0079
  • Longitude: -88.0595

    Address

  • Full Address: 600 Delaware Ln
  • Address - House Number: 600
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elk Grove Village
  • Carrier Code: C038
  • 4-Digit Zip Code: 2724
  • Zip Code: 60007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,580
  • Tax Rate Code Area: 35020

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 497,927
  • High Value: 609,202
  • Low Value: 386,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,500
  • First Open Lien Mortgage Lender: M SQUARED FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jun 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $400,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $91,000
  • Market Improvement Value: $319,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $31,900

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11836769193
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2115228541
  • Previous Sale Recording Date: Oct 07, 2013
  • Previous Sale Contract Date: Aug 27, 2013
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M SQUARED FINANCIAL LLC
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $400,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RUSHMORE LOAN MANAGEMENT SERVI
  • Previous Mortgage Transaction Date: Oct 07, 2013
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Elk Grove Village



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Frequently Asked Questions

What neighborhood is 600 Delaware Lane located in?
The 600 Delaware Lane is a located in the neighborhood of Schaumburg in Elk Grove Village, Elk Grove Village.
What is the average sales price for listings in 600 Delaware Lane?
The average sales price for units in 600 Delaware Lane is $0 currently.

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