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16 Wheat Ridge

16 Wheat Ridge, Collinsville, IL 62234
Property in Collinsville
Sold Nov 08, 2021
$466,000
$390,000 by Embrace Home Loans Inc
Mortgage
Sold Sep 17, 2018
$39,000
16 Wheat Ridge has been categorized by the local assessors in Collinsville, IL as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home comes with a single bedroom. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 3,345 ft and across the front of the lot is 1,439 ft. The area measurement of the land has been determined as 48,143 square feet.

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 attached 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16 Wheat Ridge was last sold in Oct 29, 2021 for $466,000. According to our calculations, that's $230.01 per sqft. Prior to that sales transaction, the property was sold for $39,000 in Sep 4, 2018. Current property owners are expected to pay $7,210 in taxes per year. The property on 16 Wheat Ridge was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $115,040. To break that down further, the land itself was valued at $22,370. While improvements to the property were assessed at a total of $92,670. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 1
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 48,143
  • Lot Size Depth Feet: 3,345
  • Lot Size Frontage Feet: 1,439
  • Total Building Area: 2,026
  • Gross Building Area: 2,026
  • Building Area: 2,026
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHEATRIDGE SUB
  • Land Acres: 1.105
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WHEAT RIDGE LOT 29 143.92 X 334.51 IRR

Ownership

  • Current Owner : HALL WILLIAM D
  • Current Owner 2: HALL ROBERT D
  • Previous Owner : SMITH DONALD G
  • Previous Owner 2: SMITH RHONDA
  • Owner Before Previous Owner: CASEY JENNIFER L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Collinsville Community Unit School District 10
  • School Tax School District: 008
  • Census Tract: 403502

Geography

  • District: 13
  • Parcel: 13-2-21-34-16-401-013
  • Lot: 29
  • Municipality: COLLINSVILLE
  • Latitude: 38.6636
  • Longitude: -89.9664

    Address

  • Full Address: 16 Wheat Rdg
  • Address - House Number: 16
  • Address - Street Name: Wheat
  • Address - Suffix Type: Rdg
  • State: IL
  • City Name: Collinsville
  • Carrier Code: C019
  • 4-Digit Zip Code: 2242
  • Zip Code: 62234

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,210
  • Tax Rate Code Area: 097

    Appraisal Valuation

  • Standard Deviation: 0.2409
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 66
  • Final Value: 412,938
  • High Value: 512,433
  • Low Value: 313,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $390,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $345,120
  • Market Land Value: $67,110
  • Market Improvement Value: $278,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,040
  • Assessed Land Value: $22,370
  • Assessed Improvements Value: $92,670

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11869095607
  • Current Sale Price: $466,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R46674
  • Previous Sale Recording Date: Sep 17, 2018
  • Previous Sale Contract Date: Sep 04, 2018
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $390,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 16 Wheat Ridge located in?
The 16 Wheat Ridge is a located in the neighborhood of Collinsville in Collinsville, Collinsville.
What is the average sales price for listings in 16 Wheat Ridge?
The average sales price for units in 16 Wheat Ridge is $0 currently.

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