Check Availability

1740 Valencia Drive

1740 Valencia Drive, Rockford, IL 61108
Property in Southeast
Sold Jun 27, 2019
Transfer
$220,500 by Commissioner Of Housing And Ur
Mortgage Due Feb 16, 2100
1740 Valencia Drive has been categorized by the local assessors in Rockford, IL as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 7 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1740 Valencia Drive has 1,806 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,772 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,970 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 20,038 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. The garage measured 528 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. 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. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 1740 Valencia Drive was last assessed in 2022. The total value of the property was assessed at $58,777. Specifically, the land the property is located on was valued at $6,804. While improvements on the property were assessed at a total of $51,973. 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 $2,770. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,772
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 900
  • Total Building Area: 4,106
  • Gross Building Area: 4,106
  • Building Area: 1,806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,806
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MEADOW VALLEY SUB 3
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEADOW VALLEY SUB 3 NE 1/4 SEC 34-44-235-115 LOT 055

Ownership

  • Current Owner : RIVERA PHILIP A
  • Current Owner 2: RIVERA NANCY L
  • Previous Owner : PHILIP RIVERA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000513

Zoning

  • Zoning: RR

Geography

  • Account Number: 178A065
  • Parcel: 12-34-276-014
  • Lot: 055
  • Meridian: SEC 34 TWN 44 RANGE 235
  • Municipality: ROCKFORD
  • Latitude: 42.25
  • Longitude: -88.9815

    Address

  • Full Address: 1740 Valencia Dr
  • Address - House Number: 1740
  • Address - Street Name: Valencia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rockford
  • Carrier Code: R007
  • 4-Digit Zip Code: 6814
  • Zip Code: 61108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,770
  • Tax Rate Code Area: 018

    Appraisal Valuation

  • Standard Deviation: 0.2326
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 243,130
  • High Value: 299,694
  • Low Value: 186,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,500
  • First Open Lien Mortgage Lender: COMMISSIONER OF HOUSING AND UR
  • First Open Lien Mortgage Recording Date: Jun 27, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $220,500
  • First Open Lien Mortgage Term: 967
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 16, 2100

    Market Valuation

  • Market Total Value: $176,331
  • Market Land Value: $20,412
  • Market Improvement Value: $155,919

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,777
  • Assessed Land Value: $6,804
  • Assessed Improvements Value: $51,973

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Transaction ID: 11755603953
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20191021613

    Last Sale Mortgage

  • First Mortgage Lender: COMMISSIONER OF HOUSING AND UR
  • First Mortgage Transaction Date: Jun 27, 2019
  • First Mortgage Loan Amount: $220,500
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 16, 2100
  • Second Mortgage Loan Amount: $220,500

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Southeast



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1740 Valencia Drive located in?
The 1740 Valencia Drive is a located in the neighborhood of Southeast in Southeast, Rockford.
What is the average sales price for listings in 1740 Valencia Drive?
The average sales price for units in 1740 Valencia Drive is $0 currently.

Quantcast