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1020 North 3rd Street

1020 North 3rd Street, Rochelle, IL 61068
Property in Flagg
Sold Jun 21, 2013
$107,000
$109,300 by Cherry Creek Mortgage Co Inc
Mortgage Due Jul 01, 2043
Sold Mar 06, 2013
$80,000
Local assessors in Rochelle, IL have categorized 1020 North 3rd Street as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 11,686 square feet. 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 1020 North 3rd Street has a total of 2,463 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1020 North 3rd Street was last sold in Jun 12, 2013 for $107,000. According to our calculations, that's $43.44 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Mar 4, 2013. Current property owners are expected to pay $3,517 in taxes per year. The property on 1020 North 3rd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $43,759. To break that down further, the land itself was valued at $11,694. While improvements to the property were assessed at a total of $32,065. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,686
  • Total Building Area: 2,463
  • Building Area: 2,463
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAY SECOND ADD
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RNG/BLK: TWP:0 SECT/LOT: LOT 45 MAY 2ND ADD CITY OF ROCHELLE

Ownership

  • Current Owner : KOENIG ANDREW D
  • Current Owner 2: KOENIG JACQUELINE L
  • Previous Owner : KUEHL WILLIAM
  • Previous Owner 2: RESTANI EDUARDO
  • Owner Before Previous Owner: SECRETARY OF HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rochelle Township High School District 212
  • Census Tract: 961100

Geography

  • District: 6
  • Parcel: 24-24-128-025
  • Lot: 45
  • Municipality: FLAGG
  • Latitude: 41.93
  • Longitude: -89.0644

    Address

  • Full Address: 1020 N 3rd St
  • Address - House Number: 1020
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rochelle
  • Carrier Code: C003
  • 4-Digit Zip Code: 1758
  • Zip Code: 61068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,517
  • Tax Rate Code Area: 640

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 66
  • Final Value: 178,751
  • High Value: 222,115
  • Low Value: 135,387

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,300
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Jun 21, 2013
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $109,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043

    Market Valuation

  • Market Total Value: $131,277
  • Market Land Value: $35,082
  • Market Improvement Value: $96,195

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,759
  • Assessed Land Value: $11,694
  • Assessed Improvements Value: $32,065

    Sales

  • Current Sale Contract Date: Jun 12, 2013
  • Current Sale Recording Date: Jun 21, 2013
  • Current Sale Transaction ID: 1088757435
  • Current Sale Price: $107,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201304783
  • Previous Sale Recording Date: Mar 06, 2013
  • Previous Sale Contract Date: Mar 04, 2013
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Jun 21, 2013
  • First Mortgage Loan Amount: $109,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2043

    Financing

  • First Mortgage Financing Type: Unknown

About Rochelle



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1020 North 3rd Street located in?
The 1020 North 3rd Street is a located in the neighborhood of Flagg in Rochelle, Rochelle.
What is the average sales price for listings in 1020 North 3rd Street?
The average sales price for units in 1020 North 3rd Street is $0 currently.

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