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501 North 2nd Avenue

501 North 2nd Avenue, Villa Park, IL 60181
Property in York
Sold Nov 27, 2002
$162,000
$184,000 by Everbank
Mortgage Due Nov 01, 2035
Local assessors in Villa Park, IL have categorized 501 North 2nd Avenue as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 7,841 square feet. The linear feet between the front and back of the lot was measured at 130 ft and the front of the lot was measured at 61 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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 North 2nd Avenue has a total of 1,073 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 detached garage for those who need a place to park their vehicle. 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The property was last sold in Nov 21, 2002 for $162,000. That's $150.98 per sqft. 501 North 2nd Avenue was last assessed in 2022. The total value of the property was assessed at $66,620. Specifically, the land the property is located on was valued at $11,560. While improvements on the property were assessed at a total of $55,060. 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 $4,558. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 130
  • Lot Size Frontage Feet: 61
  • Total Building Area: 1,073
  • Gross Building Area: 1,073
  • Building Area: 1,073
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,073
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1ST ADD TO NORTH AVE TERRACE
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1ST ADD TO NORTH AVE TERRACE

Ownership

  • Current Owner : ROBERTS NORMAN E
  • Current Owner 2: MORETH TINA M
  • Previous Owner : PYTEL RAYMOND M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Villa Park School District 45
  • School Tax School District: VILLA PARK
  • Census Tract: 843200

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3026-E2
  • Parcel: 06-04-125-003
  • Block: 15
  • Lot: 16
  • Municipality: YORK
  • Latitude: 41.8992
  • Longitude: -87.9908

    Address

  • Full Address: 501 N 2nd Ave
  • Address - House Number: 501
  • Street Direction: N
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Villa Park
  • Carrier Code: C022
  • 4-Digit Zip Code: 1443
  • Zip Code: 60181

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,558
  • Tax Rate Code Area: 6026

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 264,365
  • High Value: 311,734
  • Low Value: 216,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,000
  • First Open Lien Mortgage Lender: EVERBANK
  • First Open Lien Mortgage Recording Date: Nov 15, 2005
  • First Open Lien Mortgage Loan Amount: $184,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $199,860
  • Market Land Value: $34,680
  • Market Improvement Value: $165,180

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,620
  • Assessed Land Value: $11,560
  • Assessed Improvements Value: $55,060

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2002
  • Current Sale Recording Date: Nov 27, 2002
  • Current Sale Transaction ID: 1080939747
  • Current Sale Price: $162,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2002-329292

    Last Sale Mortgage

  • First Mortgage Lender: COLDWELL BANKER MTG
  • First Mortgage Transaction Date: Nov 27, 2002
  • First Mortgage Loan Amount: $145,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2032

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Frequently Asked Questions

What neighborhood is 501 North 2nd Avenue located in?
The 501 North 2nd Avenue is a located in the neighborhood of York in Villa Park, Villa Park.
What is the average sales price for listings in 501 North 2nd Avenue?
The average sales price for units in 501 North 2nd Avenue is $0 currently.

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