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1038 Eastern Avenue

1038 Eastern Avenue, Bellwood, IL 60104
Property in Proviso
Sold Jun 16, 2021
$198,000
$194,413 by Loandepot.com Llc
Mortgage Due Jul 01, 2051
1038 Eastern Avenue in Bellwood, IL was first built in 1955 and is 69 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 unknown 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 is a 1 partial bathroom. 1038 Eastern Avenue has 984 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 3,999 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jun 3, 2021 for $198,000. That's $201.22 per sqft. 1038 Eastern Avenue was last assessed in 2023. The total value of the property was assessed at $19,000. Specifically, the land the property is located on was valued at $2,999. While improvements on the property were assessed at a total of $16,001. 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 $6,351. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 984
  • Gross Building Area: 984
  • Building Area: 984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 984
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHEKELTON BROS SECOND ADD TO BELLWOOD
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SHEKELTON) BROS (SECOND) ADD TO (BELLWOOD) SUB OF EH SE NW SEC 16-39-12

Ownership

  • Current Owner : MARTINEZ LUIS A RAMOS
  • Previous Owner : MITCHELL PEARL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 817101

Geography

  • District: 31
  • Parcel: 15-16-120-050-0000
  • Block: 1,1
  • Lot: 19,20
  • Meridian: SEC 16 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8731
  • Longitude: -87.8734

    Address

  • Full Address: 1038 Eastern Ave
  • Address - House Number: 1038
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bellwood
  • Carrier Code: C005
  • 4-Digit Zip Code: 2413
  • Zip Code: 60104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,351
  • Tax Rate Code Area: 31189

    Appraisal Valuation

  • Standard Deviation: 0.2535
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 232,392
  • High Value: 291,325
  • Low Value: 173,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,413
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $194,413
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $29,990
  • Market Improvement Value: $160,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $2,999
  • Assessed Improvements Value: $16,001

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11840652520
  • Current Sale Price: $198,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2116728538

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $194,413
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Bellwood



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Frequently Asked Questions

What neighborhood is 1038 Eastern Avenue located in?
The 1038 Eastern Avenue is a located in the neighborhood of Proviso in Bellwood, Bellwood.
What is the average sales price for listings in 1038 Eastern Avenue?
The average sales price for units in 1038 Eastern Avenue is $0 currently.

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