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725 North Grove Avenue

725 North Grove Avenue, Elgin, IL 60120
Property in Northeast Elgin
Sold Feb 25, 2021
$187,500
$181,875 by United Wholesale Mortgage
Mortgage Due Mar 01, 2051
725 North Grove Avenue in Elgin, IL was first built in 1928 and is 96 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 725 North Grove Avenue has 2,053 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 470 ft and the linear feet between the front and back of the lot is 1,610. In total, the area measurement of the land is 7,561 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 17, 2020 for $187,500. That's $51.37 per sqft. 725 North Grove Avenue was last assessed in 2022. The total value of the property was assessed at $71,663. Specifically, the land the property is located on was valued at $11,199. While improvements on the property were assessed at a total of $60,464. 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 $5,694. 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. 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: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,597
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,561
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 470
  • Total Building Area: 3,650
  • Gross Building Area: 3,650
  • Building Area: 2,053
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,053
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOVELLS ADD
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOVELLS SUB OF THAT PT OF LOVELLS ADD LYING S OF LINCOLN AVE S 47 FT LOT 15 BLK 8

Ownership

  • Current Owner : CARTWRIGHT NICHOLAS
  • Previous Owner : WILHELMI MICHELLE
  • Previous Owner 2: KOONS FAMILY TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850800

Geography

  • Parcel: 06-11-426-003
  • Block: 8
  • Lot: 15
  • Municipality: ELGIN
  • Latitude: 42.0508
  • Longitude: -88.2865

    Address

  • Full Address: 725 N Grove Ave
  • Address - House Number: 725
  • Street Direction: N
  • Address - Street Name: Grove
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C001
  • 4-Digit Zip Code: 2804
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,694
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 278,417
  • High Value: 324,838
  • Low Value: 231,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,875
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 25, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $181,875
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $215,075
  • Market Land Value: $33,610
  • Market Improvement Value: $181,465

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,663
  • Assessed Land Value: $11,199
  • Assessed Improvements Value: $60,464

    Sales

  • Current Sale Contract Date: Feb 17, 2020
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11823551812
  • Current Sale Price: $187,500
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2021K014926

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $181,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northeast Elgin



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Frequently Asked Questions

What neighborhood is 725 North Grove Avenue located in?
The 725 North Grove Avenue is a located in the neighborhood of Northeast Elgin in Northeast Elgin, Elgin.
What is the average sales price for listings in 725 North Grove Avenue?
The average sales price for units in 725 North Grove Avenue is $0 currently.

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