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2532 South 5th Avenue

2532 South 5th Avenue, Riverside, IL 60546
Property in Riverside
Sold Aug 12, 2021
$320,000
$314,204 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2051
Sold Sep 01, 2020
$290,000
$232,000 by American Pacific Mortgage Corp
Mortgage Due Aug 01, 2050
2532 South 5th Avenue in Riverside, IL was first built in 1952 and is 72 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2532 South 5th Avenue has 1,018 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Aug 4, 2021 for $320,000. That's $314.34 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2020 for $290,000. 2532 South 5th Avenue was last assessed in 2023. The total value of the property was assessed at $30,000. Specifically, the land the property is located on was valued at $6,250. While improvements on the property were assessed at a total of $23,750. 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 $6,017. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,018
  • Gross Building Area: 1,018
  • Building Area: 1,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,018
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KOMAREKS W 22ND ST SECOND
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KOMAREKS) W (22ND) ST (SECOND) ADD SUB OF WH NW SEC 26-39-12

Ownership

  • Current Owner : MALACINA JASON
  • Current Owner 2: VEGA DAISY
  • Previous Owner : MATCALF REYES JOSEPH A
  • Owner Before Previous Owner: REYES ANDREA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815600

Geography

  • District: 34
  • Parcel: 15-26-127-017-0000
  • Block: 16
  • Lot: 4
  • Meridian: SEC 26 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8433
  • Longitude: -87.8378

    Address

  • Full Address: 2532 S 5th Ave
  • Address - House Number: 2532
  • Street Direction: S
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Riverside
  • Carrier Code: C009
  • 4-Digit Zip Code: 1223
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,017
  • Tax Rate Code Area: 34004

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 308,130
  • High Value: 378,489
  • Low Value: 237,772

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $314,204
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $314,204
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $62,500
  • Market Improvement Value: $237,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $23,750

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11848317627
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2122434053
  • Previous Sale Recording Date: Sep 01, 2020
  • Previous Sale Contract Date: Jul 17, 2020
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $314,204
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 01, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $232,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About North Riverside



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Frequently Asked Questions

What neighborhood is 2532 South 5th Avenue located in?
The 2532 South 5th Avenue is a located in the neighborhood of Riverside in North Riverside, Riverside.
What is the average sales price for listings in 2532 South 5th Avenue?
The average sales price for units in 2532 South 5th Avenue is $0 currently.

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