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1314 North Prairie Avenue

1314 North Prairie Avenue, Joliet, IL 60435
Property in Joliet
Sold Jun 07, 2017
$125,000
$121,250 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2047
Sold Dec 20, 2006
$112,500
1314 North Prairie Avenue has been categorized by the local assessors in Joliet, IL as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1314 North Prairie Avenue has 576 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 10,890 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal 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, 1314 North Prairie Avenue sold most recently in May 24, 2017 for a total of $125,000. If you work out the math, that's approximately a cost of $217.01 per sqft. Before that, the property was also sold for $112,500 in Dec 11, 2006. 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 $3,152 in taxes each year. 1314 North Prairie Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $40,135. If we break it down further, the land itself was valued at $8,895. Improvements to the property, however, were assessed at a total of $31,240. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1926
  • Effective Year Built: 1926
  • Total Rooms: 4
  • Bedroom Count: 2
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 576
  • Building Area: 576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 576
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BON AIR
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 98 IN BON AIR, BEING A SUB OF PRT OF THE SW1/4 OF SW1/4 OF THE NW1/4 SEC 4 THE E 330 FT OF THE S1/2 NE1/4 SEC 5, T35N-R1

Ownership

  • Current Owner : SANCHEZ JORGE
  • Current Owner 2: HERNANDEZ YANELI
  • Previous Owner : DLJ HOLDINGS LLC
  • Owner Before Previous Owner: ABATE LEA ANNE
  • Owner Before Previous Owner 2: ABATE MARCIE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881402

Geography

  • Parcel: 30-07-05-223-008
  • Lot: 98
  • Meridian: SEC 05 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5477
  • Longitude: -88.1025

    Address

  • Full Address: 1314 N Prairie Ave
  • Address - House Number: 1314
  • Street Direction: N
  • Address - Street Name: Prairie
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C052
  • 4-Digit Zip Code: 4124
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,152
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 168,659
  • High Value: 197,337
  • Low Value: 139,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 07, 2017
  • First Open Lien Mortgage Loan Amount: $121,250
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $120,405
  • Market Land Value: $26,685
  • Market Improvement Value: $93,720

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,135
  • Assessed Land Value: $8,895
  • Assessed Improvements Value: $31,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2017
  • Current Sale Recording Date: Jun 07, 2017
  • Current Sale Transaction ID: 1588280276
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017043828
  • Previous Sale Recording Date: Dec 20, 2006
  • Previous Sale Contract Date: Dec 11, 2006
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 07, 2017
  • First Mortgage Loan Amount: $121,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About Joliet



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Frequently Asked Questions

What neighborhood is 1314 North Prairie Avenue located in?
The 1314 North Prairie Avenue is a located in the neighborhood of Joliet in Joliet, Joliet.
What is the average sales price for listings in 1314 North Prairie Avenue?
The average sales price for units in 1314 North Prairie Avenue is $0 currently.

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