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126 National Terrace

126 National Terrace, Collinsville, IL 62234
Property in Collinsville
Sold Aug 13, 2021
$175,000
$50,000 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2051
Sold Oct 30, 2014
$50,000
Local assessors in Collinsville, IL have categorized 126 National Terrace as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 6,098 square feet. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 126 National Terrace has a total of 960 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 960 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 390 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 126 National Terrace sold most recently in Jul 30, 2021 for a total of $175,000. If you work out the math, that's approximately a cost of $182.29 per sqft. Before that, the property was also sold for $50,000 in Oct 16, 2014. 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 $2,326 in taxes each year. 126 National Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $33,432. If we break it down further, the land itself was valued at $2,203. Improvements to the property, however, were assessed at a total of $31,229. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Brick Venner Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 960
  • Garage Type: Carport
  • Garage Square Area: 390
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NATIONAL TERRACE
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NATIONAL TERRACE LOT/SEC-19-BLK/RG-1 A02712282

Ownership

  • Current Owner : MUNOZ DAVID
  • Current Owner 2: MUNOZ KATHY
  • Previous Owner : SCHNICKER TIMOTHY W
  • Previous Owner 2: SCHNICKER CHERYL A
  • Owner Before Previous Owner: MURPHY AUDREY
  • Owner Before Previous Owner 2: CAMILLO DEBRA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Collinsville Community Unit School District 10
  • Census Tract: 503412

Geography

  • District: 08
  • Parcel: 03-05-0-201-009
  • Block: 201
  • Municipality: CASEYVILLE
  • Latitude: 38.6572
  • Longitude: -90.0113

    Address

  • Full Address: 126 National Ter
  • Address - House Number: 126
  • Address - Street Name: National
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Collinsville
  • Carrier Code: C007
  • 4-Digit Zip Code: 1329
  • Zip Code: 62234

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,326
  • Tax Rate Code Area: 08007

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 73
  • Final Value: 132,407
  • High Value: 150,249
  • Low Value: 114,564

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $50,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $100,296
  • Market Land Value: $6,609
  • Market Improvement Value: $93,687

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,432
  • Assessed Land Value: $2,203
  • Assessed Improvements Value: $31,229

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11850689337
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A02712282
  • Previous Sale Recording Date: Oct 30, 2014
  • Previous Sale Contract Date: Oct 16, 2014
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 126 National Terrace located in?
The 126 National Terrace is a located in the neighborhood of Collinsville in Collinsville, Collinsville.
What is the average sales price for listings in 126 National Terrace?
The average sales price for units in 126 National Terrace is $0 currently.

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