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801 South Edgewood Lane

801 South Edgewood Lane, Mount Prospect, IL 60056
Property in Elk Grove
Sold Sep 09, 2014
$295,000
$250,000 by First Centennial Mortgage Corp
Mortgage Due Nov 01, 2035
801 South Edgewood Lane in Mount Prospect, IL was first built in 1953 and is 71 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 unknown style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 801 South Edgewood Lane has 906 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. In total, the area measurement of the land is 12,708 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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. 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 central 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 Aug 20, 2014 for $295,000. That's $325.61 per sqft. 801 South Edgewood Lane was last assessed in 2023. The total value of the property was assessed at $34,000. Specifically, the land the property is located on was valued at $12,708. While improvements on the property were assessed at a total of $21,292. 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 $7,650. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1953
  • Effective Year Built: 1953
  • 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: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,708
  • Total Building Area: 906
  • Gross Building Area: 906
  • Building Area: 906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALTENBURGS RESUB
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COMBS JOSEPH P
  • Previous Owner : ALTENBURG WALTER L
  • Previous Owner 2: ALTENBURG LORRAINE K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805001

Geography

  • District: 16
  • Parcel: 08-14-105-012-0000
  • Lot: 1
  • Meridian: SEC 14 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0514
  • Longitude: -87.9575

    Address

  • Full Address: 801 S Edgewood Ln
  • Address - House Number: 801
  • Street Direction: S
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C070
  • 4-Digit Zip Code: 4056
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,650
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 412,924
  • High Value: 506,962
  • Low Value: 318,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $127,080
  • Market Improvement Value: $212,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $12,708
  • Assessed Improvements Value: $21,292

    Sales

  • Current Sale Contract Date: Aug 20, 2014
  • Current Sale Recording Date: Sep 09, 2014
  • Current Sale Transaction ID: 1131649505
  • Current Sale Price: $295,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1425250075

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Sep 09, 2014
  • First Mortgage Loan Amount: $280,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

    Financing

  • First Mortgage Financing Type: Unknown

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 801 South Edgewood Lane located in?
The 801 South Edgewood Lane is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 801 South Edgewood Lane?
The average sales price for units in 801 South Edgewood Lane is $0 currently.

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