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1518 Wesley Avenue

1518 Wesley Avenue, Berwyn, IL 60402
Property in Berwyn
Sold Sep 22, 2016
$272,000
$277,848 by Nations Reliable Lending Llc
Mortgage Due Sep 01, 2046
Sold Oct 05, 2015
Transfer
Seller
1518 Wesley Avenue has been categorized by the local assessors in Berwyn, IL as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1518 Wesley Avenue has 1,642 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 300 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 3,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. 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, 1518 Wesley Avenue sold most recently in Aug 30, 2016 for a total of $272,000. If you work out the math, that's approximately a cost of $165.65 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 $6,259 in taxes each year. 1518 Wesley Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,001. If we break it down further, the land itself was valued at $4,253. Improvements to the property, however, were assessed at a total of $24,748. 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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,780
  • Lot Size Depth Feet: 300
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,642
  • Gross Building Area: 1,642
  • Building Area: 1,642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,642
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AVE SUB
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WESLEY) AVE SUB OF BLK 58 IN SUB EX S 300 ACS SEC 19-39-13

Ownership

  • Current Owner : MALLETTE JENNIFER MAYE
  • Previous Owner : SNL REALTY LLC
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berwyn North School District 98
  • Census Tract: 814700

Geography

  • District: 11
  • Parcel: 16-19-225-022-0000
  • Block: 58
  • Lot: 7
  • Meridian: SEC 19 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.8591
  • Longitude: -87.7914

    Address

  • Full Address: 1518 Wesley Ave
  • Address - House Number: 1518
  • Address - Street Name: Wesley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1331
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,259
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 376,538
  • High Value: 465,808
  • Low Value: 287,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,848
  • First Open Lien Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Open Lien Mortgage Recording Date: Sep 22, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $277,848
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $290,010
  • Market Land Value: $42,530
  • Market Improvement Value: $247,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,001
  • Assessed Land Value: $4,253
  • Assessed Improvements Value: $24,748

    Sales

  • Current Sale Contract Date: Aug 30, 2016
  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Transaction ID: 1775790380
  • Current Sale Price: $272,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1626601036
  • Previous Sale Recording Date: Oct 05, 2015
  • Previous Sale Contract Date: Sep 18, 2015
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Mortgage Transaction Date: Sep 22, 2016
  • First Mortgage Loan Amount: $277,848
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Berwyn



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Frequently Asked Questions

What neighborhood is 1518 Wesley Avenue located in?
The 1518 Wesley Avenue is a located in the neighborhood of Berwyn in Berwyn, Berwyn.
What is the average sales price for listings in 1518 Wesley Avenue?
The average sales price for units in 1518 Wesley Avenue is $0 currently.

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