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1464 Florence Avenue

1464 Florence Avenue, Galesburg, IL 61401
Property in Galesburg City
Sold Jan 19, 2017
$41,667
$50,000 by Farmers & Merchants Bk
Mortgage Due Feb 01, 2047
Local assessors in Galesburg, IL have categorized 1464 Florence Avenue as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 15,770 square feet. The linear feet between the front and back of the lot was measured at 1,898 ft and the front of the lot was measured at 832 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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. If we look only at the heated or air conditioned part of the building, then 1464 Florence Avenue has a total of 1,296 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Residents rely on 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, 1464 Florence Avenue sold most recently in Jan 18, 2017 for a total of $41,667. If you work out the math, that's approximately a cost of $32.15 per sqft. 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 $2,200 in taxes each year. 1464 Florence Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $29,210. If we break it down further, the land itself was valued at $4,830. Improvements to the property, however, were assessed at a total of $24,380. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1921
  • Effective Year Built: 1921
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 576
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,770
  • Lot Size Depth Feet: 1,898
  • Lot Size Frontage Feet: 832
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARLOWS ADDN
  • Land Acres: 0.362
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BARLOWS ADDN LOTS 183 & 184 & A TRIANGLE ON S SIDE LOT 185 4 FT ON EAST

Ownership

  • Current Owner : WILEY JESSICA A
  • Previous Owner : ESP SARA W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Galesburg Community Unit School District 205
  • Census Tract: 000300

Geography

  • District: 99
  • Parcel: 99-02-376-011
  • Lot: 183-4
  • Municipality: CITY OF GALESBURG
  • Latitude: 40.9653
  • Longitude: -90.3582

    Address

  • Full Address: 1464 Florence Ave
  • Address - House Number: 1464
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Galesburg
  • Carrier Code: C015
  • 4-Digit Zip Code: 2076
  • Zip Code: 61401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,200
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 62
  • Final Value: 98,090
  • High Value: 124,076
  • Low Value: 72,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: FARMERS & MERCHANTS BK
  • First Open Lien Mortgage Recording Date: Jan 19, 2017
  • 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: Feb 01, 2047

    Market Valuation

  • Market Total Value: $87,630
  • Market Land Value: $14,490
  • Market Improvement Value: $73,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,210
  • Assessed Land Value: $4,830
  • Assessed Improvements Value: $24,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2017
  • Current Sale Recording Date: Jan 19, 2017
  • Current Sale Transaction ID: 11707915179
  • Current Sale Price: $41,667
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS & MERCHANTS BK
  • First Mortgage Transaction Date: Jan 19, 2017
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

About Galesburg



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1464 Florence Avenue located in?
The 1464 Florence Avenue is a located in the neighborhood of Galesburg City in Galesburg, Galesburg.
What is the average sales price for listings in 1464 Florence Avenue?
The average sales price for units in 1464 Florence Avenue is $0 currently.

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