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501 7th Avenue

501 7th Avenue, Rock Falls, IL 61071
Property in Coloma
Sold Sep 30, 2009
$106,500
$107,000 by Community State Bank Of Rock F
Mortgage Due Sep 30, 2039
501 7th Avenue has been categorized by the local assessors in Rock Falls, IL as a residential type of property. The linear feet between the front and back of the lot is 1,420 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,100 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 501 7th Avenue sold most recently in Sep 17, 2009 for a total of $106,500. 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 $3,466 in taxes each year. 501 7th Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $35,976. If we break it down further, the land itself was valued at $4,626. Improvements to the property, however, were assessed at a total of $31,350. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: A L MERRILLS RESUB
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A L MERRILLS RESUB LOT 1 BLK 37 102000X

Ownership

  • Current Owner : VICKERS BRIAN E
  • Current Owner 2: VICKERS JOAN G
  • Previous Owner : CELLETTI BARBARA A
  • Previous Owner 2: DEARINGER WILLIAM H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rock Falls Elementary School District 13
  • Census Tract: 001500

Geography

  • Account Number: 58242
  • District: 11
  • Parcel: 1128408001
  • Block: 37
  • Lot: 1
  • Municipality: COLOMA
  • Latitude: 41.7769
  • Longitude: -89.6973

    Address

  • Full Address: 501 7th Ave
  • Address - House Number: 501
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rock Falls
  • Carrier Code: C008
  • 4-Digit Zip Code: 1132
  • Zip Code: 61071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,466
  • Tax Rate Code Area: 01110

    Appraisal Valuation

  • Standard Deviation: 0.2722
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 61
  • Final Value: 114,066
  • High Value: 145,116
  • Low Value: 83,017

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,000
  • First Open Lien Mortgage Lender: COMMUNITY STATE BANK OF ROCK F
  • First Open Lien Mortgage Recording Date: Sep 30, 2009
  • First Open Lien Mortgage Loan Amount: $107,000
  • 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: Sep 30, 2039

    Market Valuation

  • Market Total Value: $107,928
  • Market Land Value: $13,878
  • Market Improvement Value: $94,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,976
  • Assessed Land Value: $4,626
  • Assessed Improvements Value: $31,350

    Sales

  • Current Sale Contract Date: Sep 17, 2009
  • Current Sale Recording Date: Sep 30, 2009
  • Current Sale Transaction ID: 1082745684
  • Current Sale Price: $106,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 08219-2009

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY STATE BANK OF ROCK F
  • First Mortgage Transaction Date: Sep 30, 2009
  • First Mortgage Loan Amount: $107,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 30, 2039

About Rock Falls



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Frequently Asked Questions

What neighborhood is 501 7th Avenue located in?
The 501 7th Avenue is a located in the neighborhood of Coloma in Rock Falls, Rock Falls.
What is the average sales price for listings in 501 7th Avenue?
The average sales price for units in 501 7th Avenue is $0 currently.

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