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1222 Gates Street

1222 Gates Street, Aurora, IL 60505
Property in Aurora
Sold Apr 03, 2006
$95,000
Sold Jan 10, 2006
$65,000
$105,363 by Homevestors Investments Inc
Mortgage
1222 Gates Street in Aurora, IL was first built in 1954 and is 70 years old. This has been categorized as a residential property type. 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. 1222 Gates Street has 968 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 480 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 6,384 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 576 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 frame control joints. 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, 1222 Gates Street was last sold in Mar 21, 2006 for $95,000. According to our calculations, that's $37.82 per sqft. Prior to that sales transaction, the property was sold for $65,000 in Nov 23, 2005. Current property owners are expected to pay $2,568 in taxes per year. The property on 1222 Gates Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $42,684. To break that down further, the land itself was valued at $6,599. While improvements to the property were assessed at a total of $36,085. 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. 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.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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 968
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,384
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 480
  • Total Building Area: 2,512
  • Gross Building Area: 2,611
  • Building Area: 968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASHLND-MONT-HOWELL-DOUGLAS
  • Land Acres: 0.147
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SOUTH PARK ADDN : LOT 7 BLK 12 LOT DIMENSIONS: 48 X 133 APPROX LOT SQ FT 6384 SUBDIVISION: ASHLND-MONT-HOWELL-DOUGLAS RANGE CODE: 001

Ownership

  • Current Owner : HATCHER ROBERT J
  • Current Owner 2: HATCHER JANELLE C
  • Previous Owner : INTELLECTUAL PROPERTIES LLC
  • Owner Before Previous Owner: PORTER BARBARA J
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854401

Geography

  • Parcel: 15-34-283-007
  • Block: 12
  • Lot: 7
  • Municipality: AURORA
  • Latitude: 41.7322
  • Longitude: -88.3016

    Address

  • Full Address: 1222 Gates St
  • Address - House Number: 1222
  • Address - Street Name: Gates
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C082
  • 4-Digit Zip Code: 5716
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,568
  • Tax Rate Code Area: AU028

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 186,300
  • High Value: 218,241
  • Low Value: 154,360

    Market Valuation

  • Market Total Value: $128,103
  • Market Land Value: $19,805
  • Market Improvement Value: $108,298

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,684
  • Assessed Land Value: $6,599
  • Assessed Improvements Value: $36,085

    Sales

  • Current Sale Contract Date: Mar 21, 2006
  • Current Sale Recording Date: Apr 03, 2006
  • Current Sale Transaction ID: 1081482032
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006K035277
  • Previous Sale Recording Date: Jan 10, 2006
  • Previous Sale Contract Date: Nov 23, 2005
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHICAGO FUNDING INC
  • First Mortgage Transaction Date: Apr 03, 2006
  • First Mortgage Loan Amount: $75,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Apr 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: HOMEVESTORS INVESTMENTS INC
  • Previous Mortgage Transaction Date: Jan 10, 2006
  • Previous Mortgage Loan Amount: $105,363
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Kane



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Frequently Asked Questions

What neighborhood is 1222 Gates Street located in?
The 1222 Gates Street is a located in the neighborhood of Aurora in Kane, Aurora.
What is the average sales price for listings in 1222 Gates Street?
The average sales price for units in 1222 Gates Street is $0 currently.

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