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505 Linden Avenue

505 Linden Avenue, Bellwood, IL 60104
Property in Proviso
Sold Dec 05, 2012
$65,000
$51,750 by Mb Financial Bank Na
Mortgage Due Oct 01, 2042
505 Linden Avenue in Bellwood, IL was first built in 1956 and is 68 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 505 Linden Avenue has 992 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 330 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 4,299 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 505 Linden Avenue sold most recently in Jul 30, 2012 for a total of $65,000. If you work out the math, that's approximately a cost of $65.52 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 $5,944 in taxes each year. 505 Linden Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,000. If we break it down further, the land itself was valued at $3,009. Improvements to the property, however, were assessed at a total of $16,991. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,299
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 330
  • Total Building Area: 992
  • Gross Building Area: 992
  • Building Area: 992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BELLWOOD SUB
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BELLWOOD) SUB OF PT OF SW SEC 09-39-12

Ownership

  • Current Owner : OCHOA LUIS
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 817000

Geography

  • District: 31
  • Parcel: 15-09-310-084-0000
  • Lot: 370
  • Meridian: SEC 09 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8834
  • Longitude: -87.8757

    Address

  • Full Address: 505 Linden Ave
  • Address - House Number: 505
  • Address - Street Name: Linden
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bellwood
  • Carrier Code: C013
  • 4-Digit Zip Code: 1854
  • Zip Code: 60104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,944
  • Tax Rate Code Area: 31227

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 223,384
  • High Value: 274,392
  • Low Value: 172,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,750
  • First Open Lien Mortgage Lender: MB FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Dec 05, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $51,750
  • 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: Oct 01, 2042

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $30,090
  • Market Improvement Value: $169,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $3,009
  • Assessed Improvements Value: $16,991

    Sales

  • Current Sale Contract Date: Jul 30, 2012
  • Current Sale Recording Date: Dec 05, 2012
  • Current Sale Transaction ID: 1132714484
  • Current Sale Price: $65,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 1234017006

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BANK NA
  • First Mortgage Transaction Date: Dec 05, 2012
  • First Mortgage Loan Amount: $51,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Bellwood



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Frequently Asked Questions

What neighborhood is 505 Linden Avenue located in?
The 505 Linden Avenue is a located in the neighborhood of Proviso in Bellwood, Bellwood.
What is the average sales price for listings in 505 Linden Avenue?
The average sales price for units in 505 Linden Avenue is $0 currently.

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