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415 South Reed Street

415 South Reed Street, Joliet, IL 60436
Property in Reedwood
Sold Aug 04, 2017
$130,000
$127,645 by Top Flite Financial Inc
Mortgage Due Aug 01, 2047
Sold Dec 06, 2006
$134,000
$134,000 by The First Mortgage Corp
Mortgage Due Nov 01, 2036
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415 South Reed Street in Joliet, IL was first built in 1953 and is 71 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 ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. 415 South Reed Street has 800 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. The linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 1,530. In total, the area measurement of the land is 7,956 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. The garage is 440 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 alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Jul 27, 2017 for $130,000. That's $81.25 per sqft. Prior to that sales transaction, the property was also sold in Oct 5, 2006 for $134,000. 415 South Reed Street was last assessed in 2022. The total value of the property was assessed at $45,752. Specifically, the land the property is located on was valued at $10,962. While improvements on the property were assessed at a total of $34,790. 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 $3,671. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 800
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,956
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,600
  • Building Area: 800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE WEST PARK ADDITION TO JOLIET
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 150 AND LOT 137 (EX THE S 23.2 FT THROF) THE S 2.1 FT OF LOT 153 IN THE W PARK ADD'N TO JOLIET, BEING A SUB OF PRT OF TH

Ownership

  • Current Owner : MUTHART ANDREW E
  • Previous Owner : JONES MICHAEL T
  • Previous Owner 2: WELLER JENNIFER N
  • Owner Before Previous Owner: KOHL BRUCE P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882601

Geography

  • Parcel: 30-07-17-400-019
  • Lot: 150
  • Meridian: SEC 17 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5144
  • Longitude: -88.1091

    Address

  • Full Address: 415 S Reed St
  • Address - House Number: 415
  • Street Direction: S
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C085
  • 4-Digit Zip Code: 2052
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,671
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 176,500
  • High Value: 207,536
  • Low Value: 145,465

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $158,525
  • First Open Lien Mortgage Lender: TOP FLITE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Aug 04, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $127,645
  • 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: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Feb 23, 2022
  • Second Open Lien Mortgage Loan Amount: $30,880
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $137,256
  • Market Land Value: $32,886
  • Market Improvement Value: $104,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,752
  • Assessed Land Value: $10,962
  • Assessed Improvements Value: $34,790

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2017
  • Current Sale Recording Date: Aug 04, 2017
  • Current Sale Transaction ID: 1732012904
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017061264
  • Previous Sale Recording Date: Dec 06, 2006
  • Previous Sale Contract Date: Oct 05, 2006
  • Previous Sale Amount: $134,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOP FLITE FINANCIAL INC
  • First Mortgage Transaction Date: Aug 04, 2017
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE FIRST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 06, 2006
  • Previous Mortgage Loan Amount: $134,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About Reedwood



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Nearby Rentals

Unit for rent at 615 Mcdonough Street, Joliet, IL, 60436

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  • 1.5 Baths
  • 1,532 ft²
615 Mcdonough Street, Joliet, IL, 60436 Listing by Paul Kempa

Frequently Asked Questions

What neighborhood is 415 South Reed Street located in?
The 415 South Reed Street is a located in the neighborhood of Reedwood in Reedwood, Joliet.
What is the average sales price for listings in 415 South Reed Street?
The average sales price for units in 415 South Reed Street is $0 currently.

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