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422 South Illinois Street

422 South Illinois Street, Anaheim, CA 92805
Property in The Colony
Refi May 18, 2022
Transfer
$1,140,000 by Open Mortgage Llc
Mortgage
Local assessors in Anaheim, CA have categorized 422 South Illinois Street as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 5,535 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional 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, 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 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 422 South Illinois Street has a total of 1,490 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 216 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $3,726 in taxes each year. 422 South Illinois Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $311,792. If we break it down further, the land itself was valued at $259,247. Improvements to the property, however, were assessed at a total of $52,545. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,535
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,490
  • Gross Building Area: 1,490
  • Building Area: 1,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 351 BLK B LOT 2

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Anaheim Elementary School District
  • Census Tract: 087200

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 11-C4
  • Subdivision Tract Number: 351
  • Parcel: 036-122-18
  • Block: B
  • Lot: 2
  • Latitude: 33.8287
  • Longitude: -117.925

    Address

  • Full Address: 422 S Illinois St
  • Address - House Number: 422
  • Street Direction: S
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: CA
  • City Name: Anaheim
  • Carrier Code: C031
  • 4-Digit Zip Code: 3616
  • Zip Code: 92805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,726
  • Tax Rate Code Area: 01-001

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 882,751
  • High Value: 1,050,616
  • Low Value: 714,885

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,140,000
  • First Open Lien Mortgage Lender: OPEN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 18, 2022
  • First Open Lien Mortgage Loan Amount: $1,140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,792
  • Assessed Land Value: $259,247
  • Assessed Improvements Value: $52,545

    Exemptions

  • Homeowner Exemption: Yes

About The Colony



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Frequently Asked Questions

What neighborhood is 422 South Illinois Street located in?
The 422 South Illinois Street is a located in the neighborhood of The Colony in The Colony, Anaheim.
What is the average sales price for listings in 422 South Illinois Street?
The average sales price for units in 422 South Illinois Street is $0 currently.

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