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131 West Linda Avenue

131 West Linda Avenue, Cortland, IL 60112
Property in Woodland Acres
Sold Dec 01, 2021
$186,000
Seller
$180,596 by Wintrust Mortgage
Mortgage Due Nov 01, 2051
Sold May 05, 2005
$187,000
$175,655 by Countrywide Home Loans Inc
Mortgage
Local assessors in Cortland, IL have categorized 131 West Linda Avenue as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 9,750 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. 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 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.

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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 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 both a unknown and a unknown so you'll have great options in both the front and back 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 frame 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. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 131 West Linda Avenue sold most recently in Oct 22, 2021 for a total of $186,000. If you work out the math, that's approximately a cost of $176.14 per sqft. Before that, the property was also sold for $187,000 in May 4, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,701 in taxes each year. 131 West Linda Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,519. If we break it down further, the land itself was valued at $12,537. Improvements to the property, however, were assessed at a total of $42,982. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,750
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOODLAND ACRES
  • Land Acres: 0.224
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: WOODLAND ACRES - UNIT 3, LOT 131

Ownership

  • Current Owner : FUCHS MICHAEL
  • Previous Owner : GASHI KAREN
  • Owner Before Previous Owner: LEMONS DOUGLAS C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001600

Geography

  • Account Number: 0920332003
  • District: CO
  • Parcel: 09-20-332-003
  • Lot: 131
  • Municipality: CORTLAND
  • Latitude: 41.9293
  • Longitude: -88.6936

    Address

  • Full Address: 131 W Linda Ave
  • Legal Unit: 3
  • Address - House Number: 131
  • Street Direction: W
  • Address - Street Name: Linda
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Cortland
  • Carrier Code: R010
  • 4-Digit Zip Code: 4133
  • Zip Code: 60112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,701
  • Tax Rate Code Area: CO09

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 218,112
  • High Value: 260,050
  • Low Value: 176,175

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $186,596
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $180,596
  • 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: Nov 01, 2051
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Dec 01, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $166,557
  • Market Land Value: $37,611
  • Market Improvement Value: $128,946

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,519
  • Assessed Land Value: $12,537
  • Assessed Improvements Value: $42,982

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11872880533
  • Current Sale Price: $186,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021015549
  • Previous Sale Recording Date: May 05, 2005
  • Previous Sale Contract Date: May 04, 2005
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $180,596
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051
  • Second Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Mortgage Transaction Date: Dec 01, 2021
  • Second Mortgage Loan Amount: $6,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: May 05, 2005
  • Previous Mortgage Loan Amount: $175,655
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Woodland Acres



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Frequently Asked Questions

What neighborhood is 131 West Linda Avenue located in?
The 131 West Linda Avenue is a located in the neighborhood of Woodland Acres in Woodland Acres, Cortland.
What is the average sales price for listings in 131 West Linda Avenue?
The average sales price for units in 131 West Linda Avenue is $0 currently.

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