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7796 Kensington Lane

7796 Kensington Lane, Hanover Park, IL 60133
Property in Schaumburg
Sold Aug 06, 2014
$220,000
$204,000 by Bank Of America Na
Mortgage Due Aug 01, 2045
Sold Jul 18, 2007
$289,000
$274,550 by Lincoln Mortgage & Funding Cor
Mortgage Due Jul 01, 2037
7796 Kensington Lane in Hanover Park, IL was first built in 1969 and is 55 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7796 Kensington Lane has 1,695 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 690 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,043 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There is one available parking space. 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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 Jul 14, 2014 for $220,000. That's $129.79 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2007 for $289,000. 7796 Kensington Lane was last assessed in 2023. The total value of the property was assessed at $29,000. Specifically, the land the property is located on was valued at $5,228. While improvements on the property were assessed at a total of $23,772. 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 $7,810. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,043
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,695
  • Gross Building Area: 1,695
  • Building Area: 1,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,695
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HANOVER HIGHLANDS UNIT7
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HANOVER) HIGHLANDS (UNIT7) SUB OF PT NE NW SEC 30-41-10

Ownership

  • Current Owner : FAJARDO HENRY
  • Previous Owner : TRONCOSO OSVALDO S
  • Previous Owner 2: TRONCOSO FABIOLA A
  • Owner Before Previous Owner: OWCA MIROSLAW
  • Owner Before Previous Owner 2: OWCA BOGUMILA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804806

Geography

  • District: 35
  • Parcel: 07-30-203-003-0000
  • Block: 51
  • Lot: 3
  • Meridian: SEC 30 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0112
  • Longitude: -88.1361

    Address

  • Full Address: 7796 Kensington Ln
  • Legal Unit: 7
  • Address - House Number: 7796
  • Address - Street Name: Kensington
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: C077
  • 4-Digit Zip Code: 2627
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,810
  • Tax Rate Code Area: 35022

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 380,754
  • High Value: 467,707
  • Low Value: 293,802

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $254,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $204,000
  • First Open Lien Mortgage Term: 297
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045
  • Second Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • Second Open Lien Mortgage Recording Date: Aug 16, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 03, 2053

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $52,280
  • Market Improvement Value: $237,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $5,228
  • Assessed Improvements Value: $23,772

    Sales

  • Current Sale Contract Date: Jul 14, 2014
  • Current Sale Recording Date: Aug 06, 2014
  • Current Sale Transaction ID: 1041304369
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1421826022
  • Previous Sale Recording Date: Jul 18, 2007
  • Previous Sale Contract Date: Jun 28, 2007
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 06, 2014
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: LINCOLN MORTGAGE & FUNDING COR
  • Previous Mortgage Transaction Date: Jul 18, 2007
  • Previous Mortgage Loan Amount: $274,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Hanover Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,500 /mo

  • Studio
Listing by Lex Tarumianz
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 7796 Kensington Lane located in?
The 7796 Kensington Lane is a located in the neighborhood of Schaumburg in Hanover Park, Hanover Park.
What is the average sales price for listings in 7796 Kensington Lane?
The average sales price for units in 7796 Kensington Lane is $0 currently.

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