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403 West Manawa Trail

403 West Manawa Trail, Mount Prospect, IL 60056
Property in Elk Grove
Sold Aug 31, 2021
$400,000
$360,000 by Navy Fcu
Mortgage Due Sep 01, 2051
Sold Sep 23, 2020
$325,000
$260,000 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2050
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403 West Manawa Trail in Mount Prospect, IL was first built in 1948 and is 76 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 403 West Manawa Trail has 1,090 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 10,907 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 masonry 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 masonry. 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. 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, 403 West Manawa Trail sold most recently in Aug 12, 2021 for a total of $400,000. If you work out the math, that's approximately a cost of $366.97 per sqft. Before that, the property was also sold for $325,000 in Jul 24, 2020. 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 $9,374 in taxes each year. 403 West Manawa Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $35,000. If we break it down further, the land itself was valued at $10,907. Improvements to the property, however, were assessed at a total of $24,093. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,907
  • Total Building Area: 1,090
  • Gross Building Area: 1,090
  • Building Area: 1,090
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,090
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PROSPECT PARK COUNTRY CLUB
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PROSPECT) PARK (COUNTRY)(CLUB) SUB OF SE OF SEC 11 & S 15 ACS OF EH OF NE SEC 11-41-11

Ownership

  • Current Owner : WEIR BRYCE
  • Previous Owner : ADAMS MICHAEL R
  • Previous Owner 2: ADAMS JULIE
  • Owner Before Previous Owner: SHIM THOMAS
  • Owner Before Previous Owner 2: SHIM EUN JI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 16
  • Parcel: 08-11-430-002-0000
  • Block: 29
  • Lot: 13
  • Meridian: SEC 11 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0538
  • Longitude: -87.9433

    Address

  • Full Address: 403 W Manawa Trl
  • Address - House Number: 403
  • Street Direction: W
  • Address - Street Name: Manawa
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C046
  • 4-Digit Zip Code: 3718
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,374
  • Tax Rate Code Area: 16016

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 427,626
  • High Value: 522,718
  • Low Value: 332,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Aug 31, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $109,070
  • Market Improvement Value: $240,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,000
  • Assessed Land Value: $10,907
  • Assessed Improvements Value: $24,093

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Transaction ID: 11854021126
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2124306096
  • Previous Sale Recording Date: Sep 23, 2020
  • Previous Sale Contract Date: Jul 24, 2020
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Aug 31, 2021
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Sep 23, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 403 West Manawa Trail located in?
The 403 West Manawa Trail is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 403 West Manawa Trail?
The average sales price for units in 403 West Manawa Trail is $0 currently.

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