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500 Cowles Avenue

500 Cowles Avenue, Joliet, IL 60435
Property in Cathedral Area
Sold Aug 06, 2021
$206,000
$152,800 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2051
500 Cowles Avenue in Joliet, IL was first built in 1923 and is 101 years old. This has been categorized as a residential property type. There are a total of 2 floors. 500 Cowles Avenue has 2,520 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 6,267 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 288 sqft. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 500 Cowles Avenue sold most recently in Jul 26, 2021 for a total of $206,000. If you work out the math, that's approximately a cost of $73.36 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,880 in taxes each year. 500 Cowles Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $80,503. If we break it down further, the land itself was valued at $13,284. Improvements to the property, however, were assessed at a total of $67,219. 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: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,267
  • Total Building Area: 2,808
  • Building Area: 2,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHMEISSER
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLOCK 1 IN SCHMEISSER SUB, IN THE W1/2 OF THE NE 1/4 OF SEC 8, T35N R10E.

Ownership

  • Current Owner : STEIN ARTHUR J
  • Previous Owner : SMARON MARY F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881700

Geography

  • Parcel: 30-07-08-222-012
  • Block: 1
  • Lot: 6
  • Meridian: SEC 08 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5324
  • Longitude: -88.1057

    Address

  • Full Address: 500 Cowles Ave
  • Address - House Number: 500
  • Address - Street Name: Cowles
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C071
  • 4-Digit Zip Code: 6044
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,880
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 266,702
  • High Value: 312,185
  • Low Value: 221,219

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,800
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $152,800
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $241,509
  • Market Land Value: $39,852
  • Market Improvement Value: $201,657

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,503
  • Assessed Land Value: $13,284
  • Assessed Improvements Value: $67,219

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11846670270
  • Current Sale Price: $206,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021086449

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $152,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Cathedral Area



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Nearby Rentals

Unit for rent at 926 Fisk Avenue, Joliet, IL, 60436

$2,195 /mo

  • 4 Beds
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926 Fisk Avenue #LOWER, Joliet, IL, 60436 Listing by AnnMarie Siriano

Frequently Asked Questions

What neighborhood is 500 Cowles Avenue located in?
The 500 Cowles Avenue is a located in the neighborhood of Cathedral Area in Cathedral Area, Joliet.
What is the average sales price for listings in 500 Cowles Avenue?
The average sales price for units in 500 Cowles Avenue is $0 currently.

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