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131 South Lincoln Avenue

131 South Lincoln Avenue, South Beloit, IL 61080
Property in Rockton
Sold Aug 08, 2019
$80,000
$72,242 by Associated Bank Na
Mortgage Due Sep 01, 2049
Sold Oct 15, 2018
$36,500
Local assessors in South Beloit, IL have categorized 131 South Lincoln Avenue as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 6,970 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 131 South Lincoln Avenue has a total of 1,092 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 partial basement that is 1,064 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 garage for those who need a place to park their vehicle. The garage on the property is 676 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. The home's a gas heating system is the primary heating source and it is being fueled with gas. 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, 131 South Lincoln Avenue was last sold in Aug 6, 2019 for $80,000. According to our calculations, that's $73.26 per sqft. Prior to that sales transaction, the property was sold for $36,500 in Aug 2, 2018. Current property owners are expected to pay $1,661 in taxes per year. The property on 131 South Lincoln Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $25,202. To break that down further, the land itself was valued at $1,952. While improvements to the property were assessed at a total of $23,250. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,064
  • Garage Type: Garage
  • Garage Square Area: 676
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ADAMS ADD
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADAMS ADD TO BELOIT LOT 011 BLOCK 003

Ownership

  • Current Owner : SAXTON TYLER A
  • Previous Owner : DENNIS TOWNSEND SHAWN
  • Owner Before Previous Owner: PENNYMAC LOAN SERVICES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Beloit Community Unit School District 320
  • Census Tract: 004003

Zoning

  • Zoning: CR

Geography

  • Account Number: 006B257
  • Parcel: 04-06-178-007
  • Block: 003
  • Lot: 011
  • Municipality: ROCKTON
  • Latitude: 42.4951
  • Longitude: -89.0524

    Address

  • Full Address: 131 S Lincoln Ave
  • Address - House Number: 131
  • Street Direction: S
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: South Beloit
  • Carrier Code: C001
  • 4-Digit Zip Code: 1234
  • Zip Code: 61080

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,661
  • Tax Rate Code Area: 190

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 121,395
  • High Value: 153,181
  • Low Value: 89,609

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $79,742
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: Aug 08, 2019
  • First Open Lien Mortgage Loan Amount: $72,242
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049
  • Second Open Lien Mortgage Recording Date: Aug 08, 2019
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $75,606
  • Market Land Value: $5,856
  • Market Improvement Value: $69,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,202
  • Assessed Land Value: $1,952
  • Assessed Improvements Value: $23,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Transaction ID: 11755591317
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20191026512
  • Previous Sale Recording Date: Oct 15, 2018
  • Previous Sale Contract Date: Aug 02, 2018
  • Previous Sale Amount: $36,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED BANK NA
  • First Mortgage Transaction Date: Aug 08, 2019
  • First Mortgage Loan Amount: $72,242
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2049
  • Second Mortgage Loan Amount: $7,500

About South Beloit



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Frequently Asked Questions

What neighborhood is 131 South Lincoln Avenue located in?
The 131 South Lincoln Avenue is a located in the neighborhood of Rockton in South Beloit, South Beloit.
What is the average sales price for listings in 131 South Lincoln Avenue?
The average sales price for units in 131 South Lincoln Avenue is $0 currently.

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