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1125 Loral Avenue

1125 Loral Avenue, Joliet, IL 60435
Property in Emerald Lawns
Sold Sep 10, 2009
$153,000
$150,130 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2039
Sold Jan 27, 1998
$105,000
$104,397 by First National Mortgage
Mortgage Due Feb 01, 2028
1125 Loral Avenue in Joliet, IL was first built in 1955 and is 69 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, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1125 Loral Avenue has 1,600 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 9,480 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 540 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 gas heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 28, 2009 for $153,000. That's $46.50 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 1998 for $105,000. 1125 Loral Avenue was last assessed in 2022. The total value of the property was assessed at $68,203. Specifically, the land the property is located on was valued at $16,214. While improvements on the property were assessed at a total of $51,989. 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 $5,745. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,150
  • Garage Type: Attached
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,480
  • Lot Size Frontage Feet: 790
  • Total Building Area: 3,290
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Gas
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COUNTY CLERKS
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE SW COR OF LT 19, IN EMERALD LAWNS SUB, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 5, T35N-R10E.

Ownership

  • Current Owner : SHAFFER LAUREN M
  • Previous Owner : MICHAS MICHAEL H
  • Owner Before Previous Owner: SCHWENGLER RICHARD A
  • Owner Before Previous Owner 2: SCHWENGLER JEAN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881500

Geography

  • Parcel: 30-07-05-421-016
  • Meridian: SEC 05 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5386
  • Longitude: -88.1102

    Address

  • Full Address: 1125 Loral Ave
  • Address - House Number: 1125
  • Address - Street Name: Loral
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C037
  • 4-Digit Zip Code: 4446
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,745
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 78
  • Final Value: 257,463
  • High Value: 301,697
  • Low Value: 213,230

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,130
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 10, 2009
  • First Open Lien Mortgage Loan Amount: $150,130
  • 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: Sep 01, 2039

    Market Valuation

  • Market Total Value: $204,609
  • Market Land Value: $48,642
  • Market Improvement Value: $155,967

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,203
  • Assessed Land Value: $16,214
  • Assessed Improvements Value: $51,989

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2009
  • Current Sale Recording Date: Sep 10, 2009
  • Current Sale Transaction ID: 1089474260
  • Current Sale Price: $153,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2009109486
  • Previous Sale Recording Date: Jan 27, 1998
  • Previous Sale Contract Date: Jan 23, 1998
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 10, 2009
  • First Mortgage Loan Amount: $150,130
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL MORTGAGE
  • Previous Mortgage Transaction Date: Jan 27, 1998
  • Previous Mortgage Loan Amount: $104,397
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2028

About Emerald Lawns



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1125 Loral Avenue located in?
The 1125 Loral Avenue is a located in the neighborhood of Emerald Lawns in Emerald Lawns, Joliet.
What is the average sales price for listings in 1125 Loral Avenue?
The average sales price for units in 1125 Loral Avenue is $0 currently.

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