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501 Irving Street

501 Irving Street, Joliet, IL 60432
Property in Joliet
Sold Jul 23, 2007
$143,000
$143,000 by First Midwest Bank
Mortgage Due Jul 01, 2037
Sold Jul 24, 1997
$68,500
$68,149 by First Mtg Corp
Mortgage Due Aug 01, 2027
501 Irving Street has been categorized by the local assessors in Joliet, IL as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 501 Irving Street has 1,452 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,600 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Jun 28, 2006 for $143,000. That's $77.21 per sqft. Prior to that sales transaction, the property was also sold in Jul 22, 1997 for $68,500. 501 Irving Street was last assessed in 2022. The total value of the property was assessed at $45,623. Specifically, the land the property is located on was valued at $8,797. While improvements on the property were assessed at a total of $36,826. 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 $3,659. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 6
  • Bedroom Count: 3
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 400
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,852
  • Building Area: 1,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,452
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DURHAM & ENGLISH ADDITION TO JOLIET
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 8 IN DURHAM ENGLISH ADDN TO JOLIET, A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC.10 T35N-R10E.

Ownership

  • Current Owner : CASTILLO RICARDO A
  • Previous Owner : REYES PEDRO
  • Owner Before Previous Owner: COLLINS SHARI O
  • Owner Before Previous Owner 2: FOSTER SHARI O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881302

Geography

  • Parcel: 30-07-10-221-009
  • Block: 8
  • Lot: 7
  • Meridian: SEC 10 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5348
  • Longitude: -88.0701

    Address

  • Full Address: 501 Irving St
  • Address - House Number: 501
  • Address - Street Name: Irving
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C031
  • 4-Digit Zip Code: 1947
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,659
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 181,584
  • High Value: 214,030
  • Low Value: 149,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,000
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Jul 23, 2007
  • First Open Lien Mortgage Loan Amount: $143,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2037

    Market Valuation

  • Market Total Value: $136,869
  • Market Land Value: $26,391
  • Market Improvement Value: $110,478

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,623
  • Assessed Land Value: $8,797
  • Assessed Improvements Value: $36,826

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2006
  • Current Sale Recording Date: Jul 23, 2007
  • Current Sale Transaction ID: 1083210491
  • Current Sale Price: $143,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2007110926
  • Previous Sale Recording Date: Jul 24, 1997
  • Previous Sale Contract Date: Jul 22, 1997
  • Previous Sale Amount: $68,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Jul 23, 2007
  • First Mortgage Loan Amount: $143,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MTG CORP
  • Previous Mortgage Transaction Date: Jul 24, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $68,149
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2027

About Joliet



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Frequently Asked Questions

What neighborhood is 501 Irving Street located in?
The 501 Irving Street is a located in the neighborhood of Joliet in Joliet, Joliet.
What is the average sales price for listings in 501 Irving Street?
The average sales price for units in 501 Irving Street is $0 currently.

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