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16142 Cottage Grove Avenue

16142 Cottage Grove Avenue, South Holland, IL 60473
Property in Thornton
Sold Sep 27, 2021
$165,000
$142,448 by United Wholesale Mortgage
Mortgage Due Oct 01, 2051
Sold Aug 13, 2008
$140,000
$137,837 by Security National Mortgage Co
Mortgage Due Aug 01, 2038
16142 Cottage Grove Avenue has been categorized by the local assessors in South Holland, IL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 5 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 16142 Cottage Grove Avenue has 1,120 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 500 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 6,250 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 3 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 frame 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 wood. 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. The property was last sold in Sep 17, 2021 for $165,000. That's $147.32 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2008 for $140,000. 16142 Cottage Grove Avenue was last assessed in 2023. The total value of the property was assessed at $18,000. Specifically, the land the property is located on was valued at $3,281. While improvements on the property were assessed at a total of $14,719. 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 $6,401. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OWANS SUB
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF LOT 4 EX S 214.5FT OF E 511.5FT OF G OWANS SUB OF SW SEC 14 & PT OF SEC 15 S OF CALUMET RIVER SEC 15-36-14

Ownership

  • Current Owner : LEON ALFONSO
  • Previous Owner : LEON VICTOR
  • Previous Owner 2: LEON LUCIA
  • Owner Before Previous Owner: LEON ALFONSO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827801

Geography

  • District: 37
  • Parcel: 29-15-407-040-0000
  • Lot: 4
  • Meridian: SEC 15 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6015
  • Longitude: -87.5981

    Address

  • Full Address: 16142 Cottage Grove Ave
  • Address - House Number: 16142
  • Address - Street Name: Cottage Grove
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: South Holland
  • Carrier Code: C001
  • 4-Digit Zip Code: 1656
  • Zip Code: 60473

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,401
  • Tax Rate Code Area: 37059

    Appraisal Valuation

  • Standard Deviation: 0.2625
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 192,296
  • High Value: 242,785
  • Low Value: 141,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,448
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $142,448
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $32,810
  • Market Improvement Value: $147,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,281
  • Assessed Improvements Value: $14,719

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Transaction ID: 11857642347
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2127012196
  • Previous Sale Recording Date: Aug 13, 2008
  • Previous Sale Contract Date: Jul 17, 2008
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 27, 2021
  • First Mortgage Loan Amount: $142,448
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 13, 2008
  • Previous Mortgage Loan Amount: $137,837
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About South Holland



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$1,800 /mo

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718 E Sibley Boulevard, Dolton, IL, 60419 Listing by Lorena Alvarez

Frequently Asked Questions

What neighborhood is 16142 Cottage Grove Avenue located in?
The 16142 Cottage Grove Avenue is a located in the neighborhood of Thornton in South Holland, South Holland.
What is the average sales price for listings in 16142 Cottage Grove Avenue?
The average sales price for units in 16142 Cottage Grove Avenue is $0 currently.

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