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1574 Faithorn Avenue

1574 Faithorn Avenue, Crete, IL 60417
Property in Crete
Sold Aug 21, 2006
$130,000
$114,900 by National City Mortgage
Mortgage Due Sep 01, 2036
Sold Jul 01, 2004
$118,000
$94,400 by Central Illinois Bank
Mortgage Due Jul 01, 2034
1574 Faithorn Avenue in Crete, IL was first built in 1947 and is 77 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. 1574 Faithorn Avenue has 1,308 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. In total, the area measurement of the land is 3,611 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central 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, 1574 Faithorn Avenue sold most recently in Aug 10, 2006 for a total of $130,000. If you work out the math, that's approximately a cost of $99.39 per sqft. Before that, the property was also sold for $118,000 in Jun 24, 2004. 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 $3,716 in taxes each year. 1574 Faithorn Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $39,038. If we break it down further, the land itself was valued at $3,067. Improvements to the property, however, were assessed at a total of $35,971. 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: 1947
  • Effective Year Built: 1947
  • Total Rooms: 5
  • Bedroom Count: 3
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,611
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ENTERPRISE
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 28 BLOCK 5 IN ENTERPRISE SUB, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 16, T34N-R14E.

Ownership

  • Current Owner : GRIER JANET D
  • Previous Owner : KAMP SANDRA B
  • Previous Owner 2: MONGILLO SANDRA
  • Owner Before Previous Owner: HANCOCK DOUGLAS W
  • Owner Before Previous Owner 2: HANCOCK RONDA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883811

Geography

  • Parcel: 23-15-16-125-026
  • Block: 5
  • Lot: 28
  • Meridian: SEC 16 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4371
  • Longitude: -87.6252

    Address

  • Full Address: 1574 Faithorn Ave
  • Address - House Number: 1574
  • Address - Street Name: Faithorn
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Crete
  • Carrier Code: C004
  • 4-Digit Zip Code: 3228
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,716
  • Tax Rate Code Area: 2346

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 126,855
  • High Value: 141,459
  • Low Value: 112,252

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,900
  • First Open Lien Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 21, 2006
  • First Open Lien Mortgage Loan Amount: $114,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $117,114
  • Market Land Value: $9,201
  • Market Improvement Value: $107,913

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,038
  • Assessed Land Value: $3,067
  • Assessed Improvements Value: $35,971

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2006
  • Current Sale Recording Date: Aug 21, 2006
  • Current Sale Transaction ID: 1089457056
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2006140074
  • Previous Sale Recording Date: Jul 01, 2004
  • Previous Sale Contract Date: Jun 24, 2004
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Mortgage Transaction Date: Aug 21, 2006
  • First Mortgage Loan Amount: $114,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL ILLINOIS BANK
  • Previous Mortgage Transaction Date: Jul 01, 2004
  • Previous Mortgage Loan Amount: $94,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2034

About Crete



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Frequently Asked Questions

What neighborhood is 1574 Faithorn Avenue located in?
The 1574 Faithorn Avenue is a located in the neighborhood of Crete in Crete, Crete.
What is the average sales price for listings in 1574 Faithorn Avenue?
The average sales price for units in 1574 Faithorn Avenue is $0 currently.

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