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747 Taft Circle

747 Taft Circle, Hanover Park, IL 60133
Property in Schaumburg
Sold Sep 10, 2021
$150,000
$105,000 by First Centennial Mortgage Corp
Mortgage Due Sep 01, 2031
Sold Mar 26, 2009
$125,000
Seller
$127,687 by Key Mortgage Services Inc
Mortgage Due Apr 01, 2039
747 Taft Circle has been categorized by the local assessors in Hanover Park, IL as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 747 Taft Circle has 660 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 900 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 3,420 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 is one available parking space. 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 central air conditioning at the moment. In terms of heating, it 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, 747 Taft Circle was last sold in Aug 27, 2021 for $150,000. According to our calculations, that's $227.27 per sqft. Prior to that sales transaction, the property was sold for $125,000 in Mar 18, 2009. Current property owners are expected to pay $4,483 in taxes per year. The property on 747 Taft Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,500. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $11,500. 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. 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.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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 3,420
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 380
  • Total Building Area: 660
  • Gross Building Area: 660
  • Building Area: 660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW SALEM UNIT4
  • Land Acres: 0.079
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (NEW) (SALEM) (UNIT4) SUB OF PT OF SE SEC30 & PT OF S W SEC 29-41-10

Ownership

  • Current Owner : NARVAEZ RIVERA LAURA
  • Previous Owner : BAYLEN RANDY R
  • Owner Before Previous Owner: KAY DONNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804807

Geography

  • District: 35
  • Parcel: 07-30-422-026-0000
  • Lot: 94
  • Meridian: SEC 29 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0074
  • Longitude: -88.1292

    Address

  • Full Address: 747 Taft Cir
  • Legal Unit: 4
  • Address - House Number: 747
  • Address - Street Name: Taft
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: C011
  • 4-Digit Zip Code: 2778
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,483
  • Tax Rate Code Area: 35035

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 197,334
  • High Value: 242,774
  • Low Value: 151,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,000
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $105,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Market Valuation

  • Market Total Value: $145,000
  • Market Land Value: $30,000
  • Market Improvement Value: $115,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,500
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $11,500

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11855725101
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2125320114
  • Previous Sale Recording Date: Mar 26, 2009
  • Previous Sale Contract Date: Mar 18, 2009
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $105,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2031

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: KEY MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Mar 26, 2009
  • Previous Mortgage Loan Amount: $127,687
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2039

About Hanover Park



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Frequently Asked Questions

What neighborhood is 747 Taft Circle located in?
The 747 Taft Circle is a located in the neighborhood of Schaumburg in Hanover Park, Hanover Park.
What is the average sales price for listings in 747 Taft Circle?
The average sales price for units in 747 Taft Circle is $0 currently.

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