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1120 Summit Street

1120 Summit Street, Joliet, IL 60435
Property in Joliet
Sold Apr 12, 2017
$126,500
$124,185 by Inlanta Mortgage Inc
Mortgage Due Apr 01, 2047
Sold Oct 04, 2006
$159,000
$127,200 by Taylor Bean & Whitaker Mortgag
Mortgage Due Jul 01, 2036
1120 Summit Street in Joliet, IL was first built in 1949 and is 75 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1120 Summit Street has 840 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. The basement is 176 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 1,130. In total, the area measurement of the land is 8,249 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a mixed used garage. The garage is 668 sqft. 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 exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Mar 27, 2017 for $126,500. That's $95.54 per sqft. Prior to that sales transaction, the property was also sold in Jun 30, 2006 for $159,000. 1120 Summit Street was last assessed in 2022. The total value of the property was assessed at $51,135. Specifically, the land the property is located on was valued at $13,860. While improvements on the property were assessed at a total of $37,275. 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 $4,168. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1949
  • Effective Year Built: 1949
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 176
  • Garage Type: Mixed use
  • Garage Square Area: 668
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,249
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,324
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HENRY LIMPERICHS
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 (EX THE W 17 FT) AND THE N1/2 OF LOT 11 (EX THE W 17 FT THROF) IN HENRY LIMPERICH'S SUB, BEING A SUB OF PRT OF THE W1/

Ownership

  • Current Owner : MEZA LUIS F
  • Previous Owner : MORALES CARLOS M
  • Previous Owner 2: MORALES NICOLE
  • Owner Before Previous Owner: KOCISKO PHILIP J
  • Owner Before Previous Owner 2: KOCISKO HEATHER E
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 18, 2023

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881401

Geography

  • Parcel: 30-07-04-403-004
  • Lot: 11
  • Meridian: SEC 04 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5448
  • Longitude: -88.0881

    Address

  • Full Address: 1120 Summit St
  • Address - House Number: 1120
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C002
  • 4-Digit Zip Code: 4346
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,168
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 204,438
  • High Value: 239,199
  • Low Value: 169,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,185
  • First Open Lien Mortgage Lender: INLANTA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 12, 2017
  • First Open Lien Mortgage Loan Amount: $124,185
  • 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, 2047

    Market Valuation

  • Market Total Value: $153,405
  • Market Land Value: $41,580
  • Market Improvement Value: $111,825

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,135
  • Assessed Land Value: $13,860
  • Assessed Improvements Value: $37,275

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2017
  • Current Sale Recording Date: Apr 12, 2017
  • Current Sale Transaction ID: 1807496071
  • Current Sale Price: $126,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017028807
  • Previous Sale Recording Date: Oct 04, 2006
  • Previous Sale Contract Date: Jun 30, 2006
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLANTA MORTGAGE INC
  • First Mortgage Transaction Date: Apr 12, 2017
  • First Mortgage Loan Amount: $124,185
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Previous Mortgage Transaction Date: Oct 04, 2006
  • Previous Mortgage Loan Amount: $127,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Joliet



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Frequently Asked Questions

What neighborhood is 1120 Summit Street located in?
The 1120 Summit Street is a located in the neighborhood of Joliet in Joliet, Joliet.
What is the average sales price for listings in 1120 Summit Street?
The average sales price for units in 1120 Summit Street is $0 currently.

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