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602 South Emerson Street

602 South Emerson Street, Mount Prospect, IL 60056
Property in Elk Grove
Sold Dec 23, 2020
$362,500
Sold Jul 18, 2014
$327,500
$260,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2044
Local assessors in Mount Prospect, IL have categorized 602 South Emerson Street as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 11,700 square feet. The linear feet between the front and back of the lot was measured at 750 ft and the front of the lot was measured at 1,560 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 602 South Emerson Street has a total of 1,623 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 masonry 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 masonry 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 hot water 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. 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, 602 South Emerson Street was last sold in Sep 23, 2020 for $362,500. According to our calculations, that's $223.35 per sqft. Prior to that sales transaction, the property was sold for $327,500 in Jun 27, 2014. Current property owners are expected to pay $10,014 in taxes per year. The property on 602 South Emerson Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,387. To break that down further, the land itself was valued at $11,700. While improvements to the property were assessed at a total of $25,687. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1959
  • Effective Year Built: 1959
  • 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: Masonry
  • 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: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,700
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 1,560
  • Total Building Area: 1,623
  • Gross Building Area: 1,623
  • Building Area: 1,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,623
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNCIL TRAIL ESTATES
  • Land Acres: 0.269
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (COUNCIL)(TRAIL)(ESTATES) SUB OF PT OF SW SEC 12-41-11

Ownership

  • Current Owner : STAECK GREGORY D
  • Current Owner 2: STAECK COLLEEN
  • Previous Owner : KEOGH WILLIAM J
  • Previous Owner 2: KEOGH KATHLEEN A
  • Owner Before Previous Owner: SERVISS GERALD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804901

Geography

  • District: 16
  • Parcel: 08-12-320-008-0000
  • Block: 1
  • Lot: 2
  • Meridian: SEC 12 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0552
  • Longitude: -87.9356

    Address

  • Full Address: 602 S Emerson St
  • Address - House Number: 602
  • Street Direction: S
  • Address - Street Name: Emerson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C059
  • 4-Digit Zip Code: 3838
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,014
  • Tax Rate Code Area: 16016

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 456,241
  • High Value: 560,144
  • Low Value: 352,339

    Market Valuation

  • Market Total Value: $373,870
  • Market Land Value: $117,000
  • Market Improvement Value: $256,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,387
  • Assessed Land Value: $11,700
  • Assessed Improvements Value: $25,687

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11809381830
  • Current Sale Price: $362,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2035812047
  • Previous Sale Recording Date: Jul 18, 2014
  • Previous Sale Contract Date: Jun 27, 2014
  • Previous Sale Amount: $327,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 23, 2020
  • First Mortgage Loan Amount: $290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 18, 2014
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 602 South Emerson Street located in?
The 602 South Emerson Street is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 602 South Emerson Street?
The average sales price for units in 602 South Emerson Street is $0 currently.

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