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2612 Gilead Avenue

2612 Gilead Avenue, Zion, IL 60099
Property in Zion
Sold Jun 14, 2018
$110,000
$108,007 by Diamond Residential Mortgage C
Mortgage Due Jul 01, 2048
Sold May 18, 1999
$85,000
$75,000 by North Shore Trust & Svgs
Mortgage Due Jun 01, 2029
Local assessors in Zion, IL have categorized 2612 Gilead Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,248 square feet. The linear feet between the front and back of the lot was measured at 1,450 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 2612 Gilead Avenue has a total of 1,196 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2612 Gilead Avenue sold most recently in Jun 11, 2018 for a total of $110,000. If you work out the math, that's approximately a cost of $45.99 per sqft. Before that, the property was also sold for $85,000 in May 13, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,099 in taxes each year. 2612 Gilead Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,303. If we break it down further, the land itself was valued at $6,787. Improvements to the property, however, were assessed at a total of $41,516. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,196
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,248
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,392
  • Gross Building Area: 2,392
  • Building Area: 1,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ZION CITY-SEC.21
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ZION CITY-SEC.21 LOT 19 BLOCK 61

Ownership

  • Current Owner : MARTINEZ JUAN C
  • Previous Owner : RODRIGUEZ KIMBERLY
  • Owner Before Previous Owner: JOHNSON LEONARD IRVING
  • Owner Before Previous Owner 2: JOHNSON CAROLYN ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 860302

Geography

  • District: ZION
  • Section: 21
  • Parcel: 04-21-305-018
  • Block: 61
  • Lot: 19
  • Municipality: TWP OF ZION
  • Latitude: 42.447
  • Longitude: -87.8439

    Address

  • Full Address: 2612 Gilead Ave
  • Address - House Number: 2612
  • Address - Street Name: Gilead
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Zion
  • Carrier Code: C016
  • 4-Digit Zip Code: 2426
  • Zip Code: 60099

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,099
  • Tax Rate Code Area: 2003

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 179,140
  • High Value: 211,629
  • Low Value: 146,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,007
  • First Open Lien Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 14, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $108,007
  • 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: Jul 01, 2048

    Market Valuation

  • Market Total Value: $144,923
  • Market Land Value: $20,363
  • Market Improvement Value: $124,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,303
  • Assessed Land Value: $6,787
  • Assessed Improvements Value: $41,516

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2018
  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Transaction ID: 11473371831
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7491026
  • Previous Sale Recording Date: May 18, 1999
  • Previous Sale Contract Date: May 13, 1999
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Mortgage Transaction Date: Jun 14, 2018
  • First Mortgage Loan Amount: $108,007
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NORTH SHORE TRUST & SVGS
  • Previous Mortgage Transaction Date: May 18, 1999
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2029

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Frequently Asked Questions

What neighborhood is 2612 Gilead Avenue located in?
The 2612 Gilead Avenue is a located in the neighborhood of Zion in Zion, Zion.
What is the average sales price for listings in 2612 Gilead Avenue?
The average sales price for units in 2612 Gilead Avenue is $0 currently.

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