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1 Melody Drive

1 Melody Drive, Rochester, IL 62563
Property in Rochester
Sold Mar 14, 2019
$130,000
$127,645 by Midwest Equity Mortgage Llc
Mortgage Due Apr 01, 2049
Sold Dec 10, 1996
$89,000
This has been categorized as a residential property type. In total, the area measurement of the land is 28,022 square feet.

Learn more about the property and building on this page. The property was last sold in Mar 14, 2019 for $130,000. Prior to that sales transaction, the property was also sold in Nov 19, 1996 for $89,000. 1 Melody Drive was last assessed in 2022. The total value of the property was assessed at $69,193. Specifically, the land the property is located on was valued at $10,110. While improvements on the property were assessed at a total of $59,083. 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 $4,718. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,022
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDEN ACRES SUB
  • Land Acres: 0.643
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GARDEN ACRES SUB L24

Ownership

  • Current Owner : PEDDYCOART DAVID
  • Previous Owner : CHAPIN MARSHA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rochester Community Unit School District 3A
  • Census Tract: 003901

Geography

  • Account Number: 23160251002 (CHECK DIGIT = 8)
  • District: 24
  • Parcel: 23-16.0-251-002
  • Municipality: ROCHESTER
  • Latitude: 39.7535
  • Longitude: -89.545

    Address

  • Full Address: 1 Melody Dr
  • Address - House Number: 1
  • Address - Street Name: Melody
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rochester
  • Carrier Code: R003
  • 4-Digit Zip Code: 9213
  • Zip Code: 62563

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,718
  • Tax Rate Code Area: W02

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 224,446
  • High Value: 264,984
  • Low Value: 183,907

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $133,950
  • First Open Lien Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 14, 2019
  • First Open Lien Mortgage Loan Amount: $127,645
  • 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: Apr 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 20, 2023
  • Second Open Lien Mortgage Loan Amount: $6,305
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2063

    Market Valuation

  • Market Total Value: $207,579
  • Market Land Value: $30,330
  • Market Improvement Value: $177,249

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,193
  • Assessed Land Value: $10,110
  • Assessed Improvements Value: $59,083

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2019
  • Current Sale Recording Date: Mar 14, 2019
  • Current Sale Transaction ID: 11725908093
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4301
  • Previous Sale Recording Date: Dec 10, 1996
  • Previous Sale Contract Date: Nov 19, 1996
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 14, 2019
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

About Rochester



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Frequently Asked Questions

What neighborhood is 1 Melody Drive located in?
The 1 Melody Drive is a located in the neighborhood of Rochester in Rochester, Rochester.
What is the average sales price for listings in 1 Melody Drive?
The average sales price for units in 1 Melody Drive is $0 currently.

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