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161 Interocean Avenue

161 Interocean Avenue, Chicago Heights, IL 60411
House in Bloom
Sold Jan 25, 2021
$135,000
$132,554 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2050
Sold May 14, 2014
$30,000
Buyer
Seller
Local assessors in Chicago Heights, IL have categorized 161 Interocean Avenue as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 3,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 161 Interocean Avenue has a total of 977 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 attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Nov 9, 2020 for $135,000. That's $138.18 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 2014 for $30,000. 161 Interocean Avenue was last assessed in 2023. The total value of the property was assessed at $6,110. Specifically, the land the property is located on was valued at $1,225. While improvements on the property were assessed at a total of $4,885. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,485. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,500
  • Total Building Area: 977
  • Gross Building Area: 977
  • Building Area: 977
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 977
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INTER OCEAN LAND
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (INTER)(OCEAN)(LAND) COS SUB OF THAT PT OF N 477.84F T OF PT LYING W OF CENTER OF CHICAGO&VINCENNES RD EX PT BEGINNING AT IN

Ownership

  • Current Owner : SMITH TOMIKO
  • Previous Owner : SAUCEDO JOSE G
  • Previous Owner 2: IBARRA EVA
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Heights School District 170
  • Census Tract: 829500

Geography

  • District: 12
  • Parcel: 32-29-400-047-0000
  • Block: 1
  • Lot: 29,30
  • Meridian: SEC 29 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4909
  • Longitude: -87.6425

    Address

  • Full Address: 161 Interocean Ave
  • Address - House Number: 161
  • Address - Street Name: Interocean
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago Heights
  • Carrier Code: C008
  • 4-Digit Zip Code: 4748
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,485
  • Tax Rate Code Area: 12024

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 92,113
  • High Value: 113,147
  • Low Value: 71,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,554
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 25, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $132,554
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $61,100
  • Market Land Value: $12,250
  • Market Improvement Value: $48,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,110
  • Assessed Land Value: $1,225
  • Assessed Improvements Value: $4,885

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Jan 25, 2021
  • Current Sale Transaction ID: 11814825188
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2102520232
  • Previous Sale Recording Date: May 14, 2014
  • Previous Sale Contract Date: Apr 28, 2014
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 25, 2021
  • First Mortgage Loan Amount: $132,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Chicago Heights



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Nearby Rentals

Unit for rent at 1343 Vincennes Avenue, Chicago Heights, IL, 60411

$1,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
1343 Vincennes Avenue #2, Chicago Heights, IL, 60411 Listing by Howard Thomas

Frequently Asked Questions

What neighborhood is 161 Interocean Avenue located in?
The 161 Interocean Avenue is a house located in the neighborhood of Bloom in South Chicago Heights, Chicago Heights.
What is the average sales price for listings in 161 Interocean Avenue?
The average sales price for units in 161 Interocean Avenue is $0 currently.

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