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117 Wallace Street

117 Wallace Street, Bartlett, IL 60103
Property in Wayne
Sold Jun 20, 2018
$255,000
$250,381 by American Fidelity Mortgage Ser
Mortgage Due Jul 01, 2048
Sold Aug 05, 2003
$215,000
$204,250 by Midamerica Bank Fsb
Mortgage Due Jul 01, 2033
117 Wallace Street in Bartlett, IL was first built in 1977 and is 47 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 raised ranch style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 117 Wallace Street has 1,174 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 linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 garage. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. 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 central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 117 Wallace Street sold most recently in May 30, 2018 for a total of $255,000. If you work out the math, that's approximately a cost of $217.21 per sqft. Before that, the property was also sold for $215,000 in Jun 26, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,271 in taxes each year. 117 Wallace Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $89,210. If we break it down further, the land itself was valued at $28,050. Improvements to the property, however, were assessed at a total of $61,160. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,174
  • Gross Building Area: 1,174
  • Building Area: 1,174
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,174
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: INLAND STEEL SUB
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: INLAND STEEL SUB NO 2 UNIT NO 1 ALL

Ownership

  • Current Owner : RIVAS RICARDO
  • Previous Owner : PRICE THOMAS R
  • Previous Owner 2: PRICE KATHARINE
  • Owner Before Previous Owner: SPROULE GARY C
  • Owner Before Previous Owner 2: SPROULE KIMBERLY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841314

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2911-A6
  • Parcel: 01-02-308-031
  • Lot: 78
  • Municipality: WAYNE
  • Latitude: 41.9742
  • Longitude: -88.1813

    Address

  • Full Address: 117 Wallace St
  • Legal Unit: 1
  • Address - House Number: 117
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bartlett
  • Carrier Code: C067
  • 4-Digit Zip Code: 6541
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,271
  • Tax Rate Code Area: 1036

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 358,328
  • High Value: 418,920
  • Low Value: 297,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,381
  • First Open Lien Mortgage Lender: AMERICAN FIDELITY MORTGAGE SER
  • First Open Lien Mortgage Recording Date: Jun 20, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $250,381
  • 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, 2048

    Market Valuation

  • Market Total Value: $267,630
  • Market Land Value: $84,150
  • Market Improvement Value: $183,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,210
  • Assessed Land Value: $28,050
  • Assessed Improvements Value: $61,160

    Sales

  • Current Sale Contract Date: May 30, 2018
  • Current Sale Recording Date: Jun 20, 2018
  • Current Sale Transaction ID: 11473795869
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2018-056044
  • Previous Sale Recording Date: Aug 05, 2003
  • Previous Sale Contract Date: Jun 26, 2003
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FIDELITY MORTGAGE SER
  • First Mortgage Transaction Date: Jun 20, 2018
  • First Mortgage Loan Amount: $250,381
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MIDAMERICA BANK FSB
  • Previous Mortgage Transaction Date: Aug 05, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $204,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2033

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Frequently Asked Questions

What neighborhood is 117 Wallace Street located in?
The 117 Wallace Street is a located in the neighborhood of Wayne in Bartlett, Bartlett.
What is the average sales price for listings in 117 Wallace Street?
The average sales price for units in 117 Wallace Street is $0 currently.

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