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118 Central Avenue

118 Central Avenue, Joliet, IL 60436
Property in Joliet
Sold Jul 12, 2018
$118,000
$88,500 by Numark Cu
Mortgage Due Jul 01, 2048
Sold Jun 27, 2014
$49,000
118 Central Avenue in Joliet, IL was first built in 1941 and is 83 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 cottage style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 118 Central Avenue has 880 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 6,550 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 detached garage. The garage is 360 sqft. There is one available parking space. 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 frame control joints. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 118 Central Avenue was last sold in Jun 27, 2018 for $118,000. According to our calculations, that's $67.05 per sqft. Prior to that sales transaction, the property was sold for $49,000 in Apr 14, 2014. Current property owners are expected to pay $2,850 in taxes per year. The property on 118 Central Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $44,362. To break that down further, the land itself was valued at $5,711. While improvements to the property were assessed at a total of $38,651. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Cottage
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 880
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,550
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,760
  • Building Area: 880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROCKDALE
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18 BLOCK 15 IN ROCKDALE, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC 20, T35N-R10E.

Ownership

  • Current Owner : STEINBERG JOELLEN
  • Current Owner 2: STEINBERG HELEN
  • Previous Owner : CAPSRONE ASSEST LLC
  • Owner Before Previous Owner: GMAT LEGAL TITLE TRUST 2013 1
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockdale School District 84
  • Census Tract: 882900

Geography

  • Parcel: 30-07-20-122-008
  • Block: 15
  • Lot: 18
  • Meridian: SEC 20 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5059
  • Longitude: -88.1117

    Address

  • Full Address: 118 Central Ave
  • Address - House Number: 118
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rockdale
  • Carrier Code: C012
  • 4-Digit Zip Code: 2607
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,850
  • Tax Rate Code Area: 3037

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 175,726
  • High Value: 206,625
  • Low Value: 144,826

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,500
  • First Open Lien Mortgage Lender: NUMARK CU
  • First Open Lien Mortgage Recording Date: Jul 12, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $88,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $133,086
  • Market Land Value: $17,133
  • Market Improvement Value: $115,953

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,362
  • Assessed Land Value: $5,711
  • Assessed Improvements Value: $38,651

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2018
  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Transaction ID: 11481817778
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2018047826
  • Previous Sale Recording Date: Jun 27, 2014
  • Previous Sale Contract Date: Apr 14, 2014
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NUMARK CU
  • First Mortgage Transaction Date: Jul 12, 2018
  • First Mortgage Loan Amount: $88,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Rockdale



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Frequently Asked Questions

What neighborhood is 118 Central Avenue located in?
The 118 Central Avenue is a located in the neighborhood of Joliet in Rockdale, Joliet.
What is the average sales price for listings in 118 Central Avenue?
The average sales price for units in 118 Central Avenue is $0 currently.

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