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1238 Key West Drive

1238 Key West Drive, Rockford, IL 61103
Property in Owen
Sold Nov 14, 2018
$380,000
Sold Nov 14, 2018
$380,000
1238 Key West Drive has been categorized by the local assessors in Rockford, IL as a residential type of property. The area measurement of the land has been determined as 18,731 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 1238 Key West Drive was last sold in Nov 13, 2018 for $380,000. Prior to that sales transaction, the property was sold for $380,000 in Nov 13, 2018. Current property owners are expected to pay $0 in taxes per year. The property on 1238 Key West Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $136,616. To break that down further, the land itself was valued at $34,363. While improvements to the property were assessed at a total of $102,253. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER KEY SUB NO 1
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVER KEY SUB NO 1 PT SE1/4 SEC 24-45-1 & PT SW1/4 SEC 19-45-2 LOT 15

Ownership

  • Current Owner : ROWELL JASON
  • Previous Owner : KEVIN NOUSIANEN
  • Owner Before Previous Owner: KEVIN NOUSIANEN
  • Owner Before Previous Owner 2: KEVIN SHARON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003801

Geography

  • Parcel: 07-24-476-010
  • Lot: 15
  • Meridian: SEC 24 TWN 45 RANGE 1
  • Municipality: OWEN
  • Latitude: 42.355
  • Longitude: -89.0602

    Address

  • Full Address: 1238 Key West Dr
  • Address - House Number: 1238
  • Address - Street Name: Key West
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Machesney Park
  • Carrier Code: R018
  • 4-Digit Zip Code: 8880
  • Zip Code: 61103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 365

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 533,247
  • High Value: 633,541
  • Low Value: 432,953

    Market Valuation

  • Market Total Value: $409,848
  • Market Land Value: $103,089
  • Market Improvement Value: $306,759

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,616
  • Assessed Land Value: $34,363
  • Assessed Improvements Value: $102,253

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2018
  • Current Sale Recording Date: Nov 14, 2018
  • Current Sale Transaction ID: 11755601386
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20181033209
  • Previous Sale Recording Date: Nov 14, 2018
  • Previous Sale Contract Date: Nov 13, 2018
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND STATES BANK
  • First Mortgage Transaction Date: Nov 14, 2018
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2048

About Machesney Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1238 Key West Drive located in?
The 1238 Key West Drive is a located in the neighborhood of Owen in Machesney Park, Rockford.
What is the average sales price for listings in 1238 Key West Drive?
The average sales price for units in 1238 Key West Drive is $0 currently.

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