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341 Marshall Drive

341 Marshall Drive, Des Plaines, IL 60016
Property in Elk Grove
Sold Oct 29, 2009
$215,000
$211,105 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2039
Sold Feb 03, 2009
Transfer
Local assessors in Des Plaines, IL have categorized 341 Marshall Drive as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 8,981 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 650 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, 3 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 is one full bathroom. There are also 2 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 341 Marshall Drive has a total of 1,296 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 frame 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 central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 341 Marshall Drive sold most recently in Sep 28, 2009 for a total of $215,000. If you work out the math, that's approximately a cost of $165.90 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,408 in taxes each year. 341 Marshall Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,000. If we break it down further, the land itself was valued at $8,083. Improvements to the property, however, were assessed at a total of $25,917. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,981
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRENTWOOD/DES PLAINES 05
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRENTWOOD IN DES PLAINES LOT 205

Ownership

  • Current Owner : NAZIR KALEEM Q
  • Previous Owner : JPMORGAN CHASE BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: BERMUDEZ ROGELIO M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804902

Geography

  • District: 16
  • Parcel: 08-13-217-017-0000
  • Lot: 205
  • Meridian: SEC 13 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0455
  • Longitude: -87.931

    Address

  • Full Address: 341 Marshall Dr
  • Address - House Number: 341
  • Address - Street Name: Marshall
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C039
  • 4-Digit Zip Code: 2431
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,408
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 391,024
  • High Value: 481,605
  • Low Value: 300,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,105
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 29, 2009
  • First Open Lien Mortgage Loan Amount: $211,105
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2039

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $80,830
  • Market Improvement Value: $259,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $8,083
  • Assessed Improvements Value: $25,917

    Sales

  • Current Sale Contract Date: Sep 28, 2009
  • Current Sale Recording Date: Oct 29, 2009
  • Current Sale Transaction ID: 1092586238
  • Current Sale Price: $215,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 0930226162
  • Previous Sale Recording Date: Feb 03, 2009
  • Previous Sale Contract Date: Jan 26, 2009
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 29, 2009
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2039

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Frequently Asked Questions

What neighborhood is 341 Marshall Drive located in?
The 341 Marshall Drive is a located in the neighborhood of Elk Grove in Des Plaines, Des Plaines.
What is the average sales price for listings in 341 Marshall Drive?
The average sales price for units in 341 Marshall Drive is $0 currently.

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