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1118 North Yale Avenue

1118 North Yale Avenue, Villa Park, IL 60181
Property in Addison
Sold Oct 14, 2020
$250,000
$245,471 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Sold Mar 13, 2018
$220,000
$176,000 by Loandepot.com Llc
Mortgage Due Mar 01, 2048
Local assessors in Villa Park, IL have categorized 1118 North Yale Avenue as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 9,583 square feet. The linear feet between the front and back of the lot was measured at 190 ft and the front of the lot was measured at 50 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1118 North Yale Avenue has a total of 1,289 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Sep 22, 2020 for $250,000. That's $193.95 per sqft. Prior to that sales transaction, the property was also sold in Feb 23, 2018 for $220,000. 1118 North Yale Avenue was last assessed in 2022. The total value of the property was assessed at $67,520. Specifically, the land the property is located on was valued at $30,660. While improvements on the property were assessed at a total of $36,860. 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 $4,058. 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

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 190
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,289
  • Gross Building Area: 1,289
  • Building Area: 1,289
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,289
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VOLK BROS ARDMORE AVE ADD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VOLK BROS ARDMORE AVE ADD

Ownership

  • Current Owner : SANCHEZ YESSENIA
  • Current Owner 2: SANCHEZ ORALIA
  • Previous Owner : BLAIR JANET
  • Previous Owner 2: JUNK WILLIAM J
  • Owner Before Previous Owner: WEST SUBURBAN BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: VILLA PARK
  • Census Tract: 846702

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2971-A7
  • Parcel: 03-33-404-018
  • Lot: 167
  • Municipality: ADDISON
  • Latitude: 41.9116
  • Longitude: -87.9823

    Address

  • Full Address: 1118 N Yale Ave
  • Address - House Number: 1118
  • Street Direction: N
  • Address - Street Name: Yale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Villa Park
  • Carrier Code: C010
  • 4-Digit Zip Code: 1056
  • Zip Code: 60181

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,058
  • Tax Rate Code Area: 3035

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 304,763
  • High Value: 358,033
  • Low Value: 251,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,471
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 14, 2020
  • First Open Lien Mortgage Loan Amount: $245,471
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $202,560
  • Market Land Value: $91,980
  • Market Improvement Value: $110,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,520
  • Assessed Land Value: $30,660
  • Assessed Improvements Value: $36,860

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Transaction ID: 11793260343
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020-117745
  • Previous Sale Recording Date: Mar 13, 2018
  • Previous Sale Contract Date: Feb 23, 2018
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 14, 2020
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Mar 13, 2018
  • Previous Mortgage Loan Amount: $176,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Villa Park



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Frequently Asked Questions

What neighborhood is 1118 North Yale Avenue located in?
The 1118 North Yale Avenue is a located in the neighborhood of Addison in Villa Park, Villa Park.
What is the average sales price for listings in 1118 North Yale Avenue?
The average sales price for units in 1118 North Yale Avenue is $0 currently.

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