Check Availability

1855 Elgin Avenue

1855 Elgin Avenue, Joliet, IL 60432
Property in Joliet
Sold Mar 13, 2020
Transfer
$55,000 by Numark Cu
Mortgage Due Apr 01, 2035
Sold Dec 26, 2014
$30,000
Local assessors in Joliet, IL have categorized 1855 Elgin Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 4,887 square feet. 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 1855 Elgin Avenue has a total of 624 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $30,000 in Dec 12, 2014. Current property owners are expected to pay $1,624 in taxes per year. The property on 1855 Elgin Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $23,628. To break that down further, the land itself was valued at $4,230. While improvements to the property were assessed at a total of $19,398. 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. 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!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: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 312
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,887
  • Total Building Area: 936
  • Building Area: 624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND PARKSIDE
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 296 IN HIGHLAND PARKSIDE, A SUB OF PART OF THE E1/2 OF THE NW1/4 OF SEC 12, T35N-R10E.

Ownership

  • Current Owner : PHILLIPS MITCHELL
  • Current Owner 2: PHILLIPS SHERYL J
  • Previous Owner : PHILLIPS SHERYL J
  • Previous Owner 2: PHILLIPS MITCHELL
  • Owner Before Previous Owner: LOEHR DARYLE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882200

Geography

  • Parcel: 30-07-12-123-040
  • Lot: 296
  • Meridian: SEC 12 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5342
  • Longitude: -88.0372

    Address

  • Full Address: 1855 Elgin Ave
  • Address - House Number: 1855
  • Address - Street Name: Elgin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C025
  • 4-Digit Zip Code: 2137
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,624
  • Tax Rate Code Area: 3031

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 124,720
  • High Value: 142,426
  • Low Value: 107,013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: NUMARK CU
  • First Open Lien Mortgage Recording Date: Mar 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2035

    Market Valuation

  • Market Total Value: $70,884
  • Market Land Value: $12,690
  • Market Improvement Value: $58,194

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,628
  • Assessed Land Value: $4,230
  • Assessed Improvements Value: $19,398

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Mar 13, 2020
  • Current Sale Transaction ID: 11748349727
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: R2020020481
  • Previous Sale Recording Date: Dec 26, 2014
  • Previous Sale Contract Date: Dec 12, 2014
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NUMARK CU
  • First Mortgage Transaction Date: Mar 13, 2020
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2035

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Will



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1855 Elgin Avenue located in?
The 1855 Elgin Avenue is a located in the neighborhood of Joliet in Will, Joliet.
What is the average sales price for listings in 1855 Elgin Avenue?
The average sales price for units in 1855 Elgin Avenue is $0 currently.

Quantcast