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501 22nd Avenue

501 22nd Avenue, Rock Island, IL 61201
Sold Oct 01, 2018
$71,000
$69,714 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2048
Sold Nov 01, 2013
$60,000
Local assessors in Rock Island, IL have categorized 501 22nd Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 9,613 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 501 22nd Avenue has a total of 863 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 473 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 501 22nd Avenue was last sold in Sep 19, 2018 for $71,000. According to our calculations, that's $82.27 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Nov 1, 2013. Current property owners are expected to pay $1,134 in taxes per year. The property on 501 22nd Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $17,084. To break that down further, the land itself was valued at $3,261. While improvements to the property were assessed at a total of $13,823. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 473
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,613
  • Total Building Area: 863
  • Building Area: 863
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 863
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HINRICHS SUB DIV
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W 1/2 LOT 12 EX W 8 FT HINRICHS SUB DIV

Ownership

  • Current Owner : SULLIVAN KASSIDY
  • Current Owner 2: ROACH TYLER
  • Previous Owner : DEPAUW HEATHER M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rock Island School District 41
  • Census Tract: 023700

Zoning

  • Zoning: RI

Geography

  • District: 10
  • Section: 3
  • Parcel: 16-03-411-001
  • Block: 411
  • Lot: 12
  • Municipality: SOUTH ROCK ISLAND
  • Latitude: 41.4893
  • Longitude: -90.591

    Address

  • Full Address: 501 22nd Ave
  • Address - House Number: 501
  • Address - Street Name: 22nd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rock Island
  • Carrier Code: C024
  • 4-Digit Zip Code: 4129
  • Zip Code: 61201

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,134
  • Tax Rate Code Area: 10002

    Appraisal Valuation

  • Standard Deviation: 0.3476
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 30
  • Final Value: 69,409
  • High Value: 93,538
  • Low Value: 45,279

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $73,113
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 01, 2018
  • First Open Lien Mortgage Loan Amount: $69,714
  • 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: Oct 01, 2048
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 26, 2023
  • Second Open Lien Mortgage Loan Amount: $3,399
  • Second Open Lien Mortgage Term: 480
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2063

    Market Valuation

  • Market Total Value: $51,252
  • Market Land Value: $9,783
  • Market Improvement Value: $41,469

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,084
  • Assessed Land Value: $3,261
  • Assessed Improvements Value: $13,823

    Sales

  • Current Sale Contract Date: Sep 19, 2018
  • Current Sale Recording Date: Oct 01, 2018
  • Current Sale Transaction ID: 11725886206
  • Current Sale Price: $71,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16347
  • Previous Sale Recording Date: Nov 01, 2013
  • Previous Sale Contract Date: Nov 01, 2013
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Oct 01, 2018
  • First Mortgage Loan Amount: $69,714
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2048

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Frequently Asked Questions

What neighborhood is 501 22nd Avenue located in?
The 501 22nd Avenue is a located in the neighborhood of West Central Rock Island in West Central Rock Island, Rock Island.
What is the average sales price for listings in 501 22nd Avenue?
The average sales price for units in 501 22nd Avenue is $0 currently.

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