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1256 Balmoral Avenue

1256 Balmoral Avenue, Westchester, IL 60154
Multifamily in Proviso
Sold Nov 13, 2020
$400,000
$225,000 by American Portfolio Mortgage Co
Mortgage Due Oct 01, 2050
Sold Sep 04, 2019
$342,000
1256 Balmoral Avenue in Westchester, IL was first built in 1958 and is 66 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 multifamily style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1256 Balmoral Avenue has 3,340 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 6,788 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. 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 quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. 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. 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. 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, 1256 Balmoral Avenue was last sold in Sep 2, 2020 for $400,000. According to our calculations, that's $119.76 per sqft. Prior to that sales transaction, the property was sold for $342,000 in Aug 21, 2019. Current property owners are expected to pay $9,186 in taxes per year. The property on 1256 Balmoral Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,000. To break that down further, the land itself was valued at $4,752. While improvements to the property were assessed at a total of $35,248. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,788
  • Total Building Area: 3,340
  • Gross Building Area: 3,340
  • Building Area: 3,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NIXON & COS WESTCHESTER
  • Land Acres: 0.156
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: GEO F (NIXON) & COS (WESTCHESTER) IN WH NW SEC 21-39-12

Ownership

  • Current Owner : JOHNSON CARLA Y
  • Current Owner 2: JOHNSON KEVIN
  • Previous Owner : FLEMING MATTHEW
  • Owner Before Previous Owner: JOHNSON BRIDGETT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westchester School District 92-5
  • Census Tract: 818200

Geography

  • District: 31
  • Parcel: 15-21-103-070-0000
  • Lot: 80,79
  • Meridian: SEC 21 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8617
  • Longitude: -87.8795

    Address

  • Full Address: 1256 Balmoral Ave
  • Address - House Number: 1256
  • Address - Street Name: Balmoral
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Westchester
  • Carrier Code: C031
  • 4-Digit Zip Code: 3116
  • Zip Code: 60154

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,186
  • Tax Rate Code Area: 31088

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 271,241
  • High Value: 340,548
  • Low Value: 201,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $47,520
  • Market Improvement Value: $352,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $4,752
  • Assessed Improvements Value: $35,248

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Transaction ID: 11799466770
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031825070
  • Previous Sale Recording Date: Sep 04, 2019
  • Previous Sale Contract Date: Aug 21, 2019
  • Previous Sale Amount: $342,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Mortgage Transaction Date: Nov 13, 2020
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Westchester



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Frequently Asked Questions

What neighborhood is 1256 Balmoral Avenue located in?
The 1256 Balmoral Avenue is a multifamily located in the neighborhood of Proviso in Westchester, Westchester.
What is the average sales price for listings in 1256 Balmoral Avenue?
The average sales price for units in 1256 Balmoral Avenue is $419,900 currently.

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