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504 West Forest Avenue

504 West Forest Avenue, Round Lake, IL 60073
Property in Avon
Sold Jun 12, 2017
$167,000
$158,650 by American Financial Network Inc
Mortgage Due Jun 01, 2047
504 West Forest Avenue has been categorized by the local assessors in Round Lake, IL as a residential type of property. The building on the property was first built in 1948 and is 76 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 504 West Forest Avenue has 2,982 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 127,635 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 attached garage for those who require parking. The garage measured 288 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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. 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 composition shingle. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 504 West Forest Avenue sold most recently in May 23, 2017 for a total of $167,000. If you work out the math, that's approximately a cost of $31.12 per sqft. 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 $10,162 in taxes each year. 504 West Forest Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $130,918. If we break it down further, the land itself was valued at $24,172. Improvements to the property, however, were assessed at a total of $106,746. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,096
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 127,635
  • Total Building Area: 5,366
  • Gross Building Area: 5,366
  • Building Area: 2,982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,982
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSING BROS SUB
  • Land Acres: 2.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSING BROS SUB LOTS 22-23 & LOT 24 BLOCK 2

Ownership

  • Current Owner : HAENISCH LINDSAY M
  • Previous Owner : SCHOFF BRAFORD D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Round Lake Community Unit School District 116
  • Census Tract: 861402

Geography

  • Assessors Map Reference: 2531-E3
  • District: AVON
  • Parcel: 06-29-302-033
  • Block: 2
  • Lot: 22-24
  • Municipality: TWP OF AVON
  • Latitude: 42.3466
  • Longitude: -88.0956

    Address

  • Full Address: 504 W Forest Ave
  • Address - House Number: 504
  • Street Direction: W
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Round Lake
  • Carrier Code: R012
  • 4-Digit Zip Code: 3206
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,162
  • Tax Rate Code Area: 7004

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 366,733
  • High Value: 428,886
  • Low Value: 304,581

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,650
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Jun 12, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $158,650
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $392,793
  • Market Land Value: $72,523
  • Market Improvement Value: $320,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,918
  • Assessed Land Value: $24,172
  • Assessed Improvements Value: $106,746

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2017
  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Transaction ID: 1588824040
  • Current Sale Price: $167,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 7402065

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Jun 12, 2017
  • First Mortgage Loan Amount: $158,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Round Lake



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Frequently Asked Questions

What neighborhood is 504 West Forest Avenue located in?
The 504 West Forest Avenue is a located in the neighborhood of Avon in Round Lake, Round Lake.
What is the average sales price for listings in 504 West Forest Avenue?
The average sales price for units in 504 West Forest Avenue is $0 currently.

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