Check Availability

16731 Merrill Avenue

16731 Merrill Avenue, South Holland, IL 60473
Property in Thornton
Sold Jan 27, 2016
Transfer
$111,575 by Citibank Na
Mortgage Due Sep 01, 2046
Sold Jul 27, 2007
$215,000
$172,000 by Bnc Mortgage Inc
Mortgage Due Jul 01, 2037
16731 Merrill 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 1974 and is 50 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16731 Merrill Avenue has 1,260 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 1,250 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 attached 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 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 masonry. The inside of the home is being cooled with 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. Prior to that sales transaction, the property was also sold in Jun 25, 2007 for $215,000. 16731 Merrill Avenue was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $3,960. While improvements on the property were assessed at a total of $17,040. 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 $6,925. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HUGUELETS SIXTH ADD TO SOUTH
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HUGUELETS) (SIXTH) ADD TO (SOUTH) HOLLAND RESUB OF P T OF E 3/4 OF LOT 1 IN SUB OF PT SW SEC 24-36-14

Ownership

  • Current Owner : BANK OF AMERICA NA
  • Previous Owner : SMITH LINDA R
  • Owner Before Previous Owner: CLARK SHERWIN
  • Owner Before Previous Owner 2: CLARK BENDETTA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827901

Geography

  • District: 37
  • Parcel: 29-24-305-006-0000
  • Lot: 1
  • Meridian: SEC 24 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5907
  • Longitude: -87.5693

    Address

  • Full Address: 16731 Merrill Ave
  • Address - House Number: 16731
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: South Holland
  • Carrier Code: R002
  • 4-Digit Zip Code: 2628
  • Zip Code: 60473

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,925
  • Tax Rate Code Area: 37033

    Appraisal Valuation

  • Standard Deviation: 0.2625
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 238,183
  • High Value: 300,720
  • Low Value: 175,646

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,575
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Aug 15, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $111,575
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $39,600
  • Market Improvement Value: $170,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,960
  • Assessed Improvements Value: $17,040

    Sales

  • Current Sale Contract Date: Oct 09, 2015
  • Current Sale Recording Date: Jan 27, 2016
  • Current Sale Transaction ID: 1416603188
  • Current Sale Document Type: Deed in Lieu of Foreclosure
  • Current Sale Input Document Number: 1602747050
  • Previous Sale Recording Date: Jul 27, 2007
  • Previous Sale Contract Date: Jun 25, 2007
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BNC MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 27, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About South Holland



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 17745 Rosewood Drive, Lansing, IL, 60438

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 702 ft²
17745 Rosewood Drive #2C, Lansing, IL, 60438 Listing by Hadi Fallah

Frequently Asked Questions

What neighborhood is 16731 Merrill Avenue located in?
The 16731 Merrill Avenue is a located in the neighborhood of Thornton in South Holland, South Holland.
What is the average sales price for listings in 16731 Merrill Avenue?
The average sales price for units in 16731 Merrill Avenue is $0 currently.

Quantcast