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1702 Frediani Court

1702 Frediani Court, Mount Prospect, IL 60056
Property in Elk Grove
Sold Feb 06, 1995
$478,000
$383,500 by Majestic Mtg Corp
Mortgage Due Mar 01, 2026
Sold Aug 19, 1994
$133,000
1702 Frediani Court has been categorized by the local assessors in Mount Prospect, IL as a residential type of property. The building on the property was first built in 1995 and is 29 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1702 Frediani Court has 3,695 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,467 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 are a total of 2 available parking spaces. 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 masonry. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 31, 1995 for $478,000. That's $129.36 per sqft. Prior to that sales transaction, the property was also sold in Aug 11, 1994 for $133,000. 1702 Frediani Court was last assessed in 2023. The total value of the property was assessed at $64,000. Specifically, the land the property is located on was valued at $9,944. While improvements on the property were assessed at a total of $54,056. 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 $15,493. 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! 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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,467
  • Total Building Area: 3,695
  • Gross Building Area: 3,695
  • Building Area: 3,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,695
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FREDIANI SUB
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FREDIANI) SUB OF THE NE NE SEC 10-41-11

Ownership

  • Current Owner : HICKS PETER D
  • Current Owner 2: HICKS ELIZABETH A
  • Previous Owner : CAROLAN BUILDERS INC
  • Owner Before Previous Owner: FAVUZZI ANGELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805110

Geography

  • District: 16
  • Parcel: 08-10-210-020-0000
  • Lot: 7
  • Meridian: SEC 10 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0635
  • Longitude: -87.9611

    Address

  • Full Address: 1702 Frediani Ct
  • Address - House Number: 1702
  • Address - Street Name: Frediani
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C050
  • 4-Digit Zip Code: 2881
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,493
  • Tax Rate Code Area: 16016

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 762,014
  • High Value: 936,013
  • Low Value: 588,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $383,500
  • First Open Lien Mortgage Lender: MAJESTIC MTG CORP
  • First Open Lien Mortgage Recording Date: Mar 27, 1996
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $383,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2026

    Market Valuation

  • Market Total Value: $640,000
  • Market Land Value: $99,440
  • Market Improvement Value: $540,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,000
  • Assessed Land Value: $9,944
  • Assessed Improvements Value: $54,056

    Sales

  • Current Sale Contract Date: Jan 31, 1995
  • Current Sale Recording Date: Feb 06, 1995
  • Current Sale Transaction ID: 1082709918
  • Current Sale Price: $478,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 95086620
  • Previous Sale Recording Date: Aug 19, 1994
  • Previous Sale Contract Date: Aug 11, 1994
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: LASALLE TALMAN BANK FSB
  • First Mortgage Transaction Date: Feb 06, 1995
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Feb 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

About Mount Prospect



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Frequently Asked Questions

What neighborhood is 1702 Frediani Court located in?
The 1702 Frediani Court is a located in the neighborhood of Elk Grove in Mount Prospect, Mount Prospect.
What is the average sales price for listings in 1702 Frediani Court?
The average sales price for units in 1702 Frediani Court is $0 currently.

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