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1312 Demmond Street

1312 Demmond Street, Joliet, IL 60432
House in Forest Park
Sold Aug 19, 2020
$114,000
$111,935 by Crosscountry Mortgage Llc
Mortgage Due Aug 01, 2050
Sold Oct 01, 2019
$50,000
$1,000,000 by Resilience Ii Llc
Mortgage Due Mar 31, 2022
1312 Demmond Street in Joliet, IL was first built in 1972 and is 52 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 ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1312 Demmond Street has 1,152 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. The linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 1,820. In total, the area measurement of the land is 12,922 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. 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 frame control joints. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heating 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, 1312 Demmond Street sold most recently in Jun 25, 2020 for a total of $114,000. If you work out the math, that's approximately a cost of $49.48 per sqft. Before that, the property was also sold for $50,000 in Sep 9, 2019. 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 $2,705 in taxes each year. 1312 Demmond Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $35,289. If we break it down further, the land itself was valued at $5,042. Improvements to the property, however, were assessed at a total of $30,247. 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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,152
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,922
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,304
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HERMITAGE
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21 IN HERMITAGE, BEING A SUB OF PRT OF LOT 21 OF HILDEBRANDT APPLETON, BEING A SUB OF PRT OF THE NE1/4 OF SEC 2, T35N-R1

Ownership

  • Current Owner : VARGAS ESMERALDA
  • Current Owner 2: VARGAS ARMANDO
  • Previous Owner : KEYBELL LLC
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 18, 2023

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881201

Geography

  • Parcel: 30-07-02-207-011
  • Lot: 21
  • Meridian: SEC 02 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5477
  • Longitude: -88.0499

    Address

  • Full Address: 1312 Demmond St
  • Address - House Number: 1312
  • Address - Street Name: Demmond
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C046
  • 4-Digit Zip Code: 1110
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,705
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.2411
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 147,940
  • High Value: 183,610
  • Low Value: 112,269

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,935
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 19, 2020
  • First Open Lien Mortgage Loan Amount: $111,935
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $105,867
  • Market Land Value: $15,126
  • Market Improvement Value: $90,741

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,289
  • Assessed Land Value: $5,042
  • Assessed Improvements Value: $30,247

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11783513640
  • Current Sale Price: $114,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2020069099
  • Previous Sale Recording Date: Oct 01, 2019
  • Previous Sale Contract Date: Sep 09, 2019
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 19, 2020
  • First Mortgage Loan Amount: $111,935
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RESILIENCE II LLC
  • Previous Mortgage Transaction Date: Oct 01, 2019
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 28
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Mar 31, 2022

About Forest Park



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Frequently Asked Questions

What neighborhood is 1312 Demmond Street located in?
The 1312 Demmond Street is a house located in the neighborhood of Forest Park in Forest Park, Joliet.
What is the average sales price for listings in 1312 Demmond Street?
The average sales price for units in 1312 Demmond Street is $119,900 , or $104/sqft. currently.

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