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503 Normal Avenue

503 Normal Avenue, Normal, IL 61761
House in Normal
Sold May 15, 2019
$158,500
$126,800 by Cefcu
Mortgage Due Jun 01, 2034
Sold Nov 26, 2014
$175,000
$140,000 by Pnc Mortgage Llc
Mortgage Due Dec 01, 2044
503 Normal Avenue has been categorized by the local assessors in Normal, 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 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 503 Normal Avenue has 2,957 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 1,750 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 10,500 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 garage for those who require parking. The garage measured 713 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in May 10, 2019 for $158,500. That's $32.55 per sqft. Prior to that sales transaction, the property was also sold in Nov 10, 2014 for $175,000. 503 Normal Avenue was last assessed in 2022. The total value of the property was assessed at $61,299. Specifically, the land the property is located on was valued at $9,360. While improvements on the property were assessed at a total of $51,939. 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 $4,836. 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. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,912
  • Garage Type: Garage
  • Garage Square Area: 713
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,869
  • Building Area: 2,957
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,957
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPEN & COS SUB
  • Land Acres: 0.241
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SUB LOT 23 CAPEN & COS SUB LOT 3

Ownership

  • Current Owner : NELSON ERIK W
  • Current Owner 2: NELSON HEATHER M
  • Previous Owner : GRABER JEFFREY D
  • Previous Owner 2: GRABER MICHELE L
  • Owner Before Previous Owner: IPSEN DAVID A
  • Owner Before Previous Owner 2: IPSEN ANN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000107

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-28-202-003
  • Lot: 23,3
  • Meridian: SEC 28 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5154
  • Longitude: -88.9918

    Address

  • Full Address: 503 Normal Ave
  • Address - House Number: 503
  • Address - Street Name: Normal
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Normal
  • Carrier Code: C062
  • 4-Digit Zip Code: 2412
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,836
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 232,122
  • High Value: 276,690
  • Low Value: 187,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,800
  • First Open Lien Mortgage Lender: CEFCU
  • First Open Lien Mortgage Recording Date: May 15, 2019
  • First Open Lien Mortgage Loan Amount: $126,800
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2034

    Market Valuation

  • Market Total Value: $183,897
  • Market Land Value: $28,080
  • Market Improvement Value: $155,817

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,299
  • Assessed Land Value: $9,360
  • Assessed Improvements Value: $51,939

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 15, 2019
  • Current Sale Transaction ID: 11608764444
  • Current Sale Price: $158,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-00007289
  • Previous Sale Recording Date: Nov 26, 2014
  • Previous Sale Contract Date: Nov 10, 2014
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CEFCU
  • First Mortgage Transaction Date: May 15, 2019
  • First Mortgage Loan Amount: $126,800
  • First Mortgage Terms: 180
  • First Mortgage Loan Due Date: Jun 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 26, 2014
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2044

About Normal



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Frequently Asked Questions

What neighborhood is 503 Normal Avenue located in?
The 503 Normal Avenue is a house located in the neighborhood of Normal in Normal, Normal.
What is the average sales price for listings in 503 Normal Avenue?
The average sales price for units in 503 Normal Avenue is $0 currently.

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