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323 Fairfax Avenue

323 Fairfax Avenue, Romeoville, IL 60446
Property in Lockport
Sold May 03, 2021
Transfer
$153,032 by Guaranteed Rate Affinity Llc
Mortgage Due Apr 01, 2051
Sold Sep 04, 2003
$109,000
$98,000 by Flagstar Bank Fsb
Mortgage Due Sep 01, 2033
323 Fairfax Avenue has been categorized by the local assessors in Romeoville, IL as a residential type of property. The building on the property was first built in 1967 and is 57 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 323 Fairfax Avenue has 900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 6,634 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 300 sqft. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $109,000 in Aug 5, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,934 in taxes each year. 323 Fairfax Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $55,475. If we break it down further, the land itself was valued at $22,491. Improvements to the property, however, were assessed at a total of $32,984. 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: 1967
  • Effective Year Built: 1967
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,634
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,200
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAMPTON PARK #9
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 5 IN HAMPTON PARK SUB UNIT 9 , A SUB PRT OF THE E1/2 NW1/4 OF SEC 4, T36N-R10E.

Ownership

  • Current Owner : LOPEZ JOSE L
  • Current Owner 2: LOPEZ MARIA J
  • Previous Owner : LOPEZ JOSE L
  • Previous Owner 2: LOPEZ MARIA J
  • Owner Before Previous Owner: WELTON GERALDINE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880509

Geography

  • Parcel: 11-04-04-105-007
  • Block: 5
  • Lot: 7
  • Meridian: SEC 04 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6377
  • Longitude: -88.0975

    Address

  • Full Address: 323 Fairfax Ave
  • Legal Unit: 9
  • Address - House Number: 323
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Romeoville
  • Carrier Code: C011
  • 4-Digit Zip Code: 1650
  • Zip Code: 60446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,934
  • Tax Rate Code Area: 1117

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 217,049
  • High Value: 254,365
  • Low Value: 179,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,032
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: May 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $153,032
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $166,425
  • Market Land Value: $67,473
  • Market Improvement Value: $98,952

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,475
  • Assessed Land Value: $22,491
  • Assessed Improvements Value: $32,984

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 02, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Transaction ID: 11833894779
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: R2021049922
  • Previous Sale Recording Date: Sep 04, 2003
  • Previous Sale Contract Date: Aug 05, 2003
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: May 03, 2021
  • First Mortgage Loan Amount: $153,032
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Sep 04, 2003
  • Previous Mortgage Loan Amount: $98,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2033

About Romeoville



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1017 Montego Bay Court #1017, Romeoville, IL, 60446 Listing by Giovanna Schmieder

Frequently Asked Questions

What neighborhood is 323 Fairfax Avenue located in?
The 323 Fairfax Avenue is a located in the neighborhood of Lockport in Romeoville, Romeoville.
What is the average sales price for listings in 323 Fairfax Avenue?
The average sales price for units in 323 Fairfax Avenue is $0 currently.

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