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304 North Prairie Avenue

304 North Prairie Avenue, Joliet, IL 60435
Property in Cathedral Area
Sold Nov 30, 2017
$138,500
$129,885 by First Midwest Bank
Mortgage Due Dec 01, 2047
Sold Apr 13, 2012
$75,000
304 North Prairie Avenue in Joliet, IL was first built in 1955 and is 69 years old. This has been categorized as a residential property type. It is a single story home. 304 North Prairie Avenue has 1,260 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 10,497 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 432 sqft. 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 frame control joints. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Nov 27, 2017 for $138,500. That's $46.92 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 2012 for $75,000. 304 North Prairie Avenue was last assessed in 2022. The total value of the property was assessed at $64,018. Specifically, the land the property is located on was valued at $16,042. While improvements on the property were assessed at a total of $47,976. 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 $4,896. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,260
  • Garage Type: Attached
  • Garage Square Area: 432
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,497
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,952
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OSTIRS RE
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 IN OSTIR'S RESUB OF LOT 9 THE W 4.5 FT OF LOT 10 BLK 4 IN RAYNOR'S ADDN TO JOLIET, BEING A SUB OF PRT OF THE E1/2 OF T

Ownership

  • Current Owner : COLLINS GWENDOLYN
  • Previous Owner : FAYNIK MICHAEL
  • Previous Owner 2: FAYNIK DEBORAH
  • Owner Before Previous Owner: ORSINI EDITH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882701

Geography

  • Parcel: 30-07-08-407-008
  • Block: 4
  • Lot: 1
  • Meridian: SEC 08 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5287
  • Longitude: -88.103

    Address

  • Full Address: 304 N Prairie Ave
  • Address - House Number: 304
  • Street Direction: N
  • Address - Street Name: Prairie
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C074
  • 4-Digit Zip Code: 6942
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,896
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 220,585
  • High Value: 271,966
  • Low Value: 169,204

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $160,325
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $129,885
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Nov 02, 2023
  • Second Open Lien Mortgage Loan Amount: $15,220
  • Second Open Lien Mortgage Term: 288
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2047
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Nov 02, 2023
  • Third Open Lien Mortgage Loan Amount: $15,220
  • Third Open Lien Mortgage Term: 288
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Market Valuation

  • Market Total Value: $192,054
  • Market Land Value: $48,126
  • Market Improvement Value: $143,928

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,018
  • Assessed Land Value: $16,042
  • Assessed Improvements Value: $47,976

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 27, 2017
  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Transaction ID: 11325658161
  • Current Sale Price: $138,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017093997
  • Previous Sale Recording Date: Apr 13, 2012
  • Previous Sale Contract Date: Mar 31, 2012
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Nov 30, 2017
  • First Mortgage Loan Amount: $129,885
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Cathedral Area



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Frequently Asked Questions

What neighborhood is 304 North Prairie Avenue located in?
The 304 North Prairie Avenue is a located in the neighborhood of Cathedral Area in Cathedral Area, Joliet.
What is the average sales price for listings in 304 North Prairie Avenue?
The average sales price for units in 304 North Prairie Avenue is $0 currently.

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