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2716 Oak Grove Lane

2716 Oak Grove Lane, Rockford, IL 61108
Property in Southeast
Sold Aug 01, 2017
$66,000
$61,228 by Stillman Bancorp
Mortgage Due Aug 01, 2047
Sold Feb 01, 2013
$56,000
Local assessors in Rockford, IL have categorized 2716 Oak Grove Lane as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 2716 Oak Grove Lane has a total of 1,271 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 840 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jul 31, 2017 for $66,000. That's $33.07 per sqft. Prior to that sales transaction, the property was also sold in Feb 1, 2013 for $56,000. 2716 Oak Grove Lane was last assessed in 2022. The total value of the property was assessed at $27,153. Specifically, the land the property is located on was valued at $3,809. While improvements on the property were assessed at a total of $23,344. 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 $1,846. 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. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 840
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,996
  • Gross Building Area: 1,996
  • Building Area: 1,271
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CALVIN PK HILLS PLAT NO 1
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CALVIN PK HILLS PLAT NO 1 MARTIN HAWKINSON CO SUB OF THE OSCAR LINDGREN FARMLOT 005 BLOCK 001

Ownership

  • Current Owner : PETERSON KRISTINE D
  • Current Owner 2: PETERSON WILLIAM
  • Previous Owner : SUSAN JANSON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 001500

Zoning

  • Zoning: R1

Geography

  • Account Number: 174B005
  • Parcel: 12-30-105-016
  • Block: 1
  • Lot: 5
  • Municipality: ROCKFORD
  • Latitude: 42.2663
  • Longitude: -89.0531

    Address

  • Full Address: 2716 Oak Grove Ln
  • Address - House Number: 2716
  • Address - Street Name: Oak Grove
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rockford
  • Carrier Code: C028
  • 4-Digit Zip Code: 1723
  • Zip Code: 61108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,846
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 122,330
  • High Value: 152,099
  • Low Value: 92,561

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $116,228
  • First Open Lien Mortgage Lender: STILLMAN BANCORP
  • First Open Lien Mortgage Recording Date: Aug 01, 2017
  • First Open Lien Mortgage Loan Amount: $61,228
  • 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: Aug 01, 2047
  • Second Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: May 03, 2022
  • Second Open Lien Mortgage Loan Amount: $55,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2037

    Market Valuation

  • Market Total Value: $81,459
  • Market Land Value: $11,427
  • Market Improvement Value: $70,032

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,153
  • Assessed Land Value: $3,809
  • Assessed Improvements Value: $23,344

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Transaction ID: 11708795104
  • Current Sale Price: $66,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Feb 01, 2013
  • Previous Sale Contract Date: Feb 01, 2013
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STILLMAN BANCORP
  • First Mortgage Transaction Date: Aug 01, 2017
  • First Mortgage Loan Amount: $61,228
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2047

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Frequently Asked Questions

What neighborhood is 2716 Oak Grove Lane located in?
The 2716 Oak Grove Lane is a located in the neighborhood of Southeast in Southeast, Rockford.
What is the average sales price for listings in 2716 Oak Grove Lane?
The average sales price for units in 2716 Oak Grove Lane is $0 currently.

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