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505 North College Avenue

505 North College Avenue, Geneseo, IL 61254
Property in Geneseo
Sold Dec 06, 2019
$172,500
$158,000 by Union Federal Savings And Loan
Mortgage Due Mar 01, 2052
505 North College Avenue has been categorized by the local assessors in Geneseo, IL as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 505 North College Avenue has 2,645 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 2,061 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 1,400 ft. The area measurement of the land has been determined as 15,246 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 540 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. 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 central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 21, 2019 for $172,500. That's $65.22 per sqft. 505 North College Avenue was last assessed in 2022. The total value of the property was assessed at $59,110. Specifically, the land the property is located on was valued at $11,255. While improvements on the property were assessed at a total of $47,855. 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 $4,316. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1954
  • Effective Year Built: 1954
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 2,061
  • Garage Type: Garage
  • Garage Square Area: 540
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,645
  • Gross Building Area: 2,645
  • Building Area: 2,645
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,645
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUMPHREY & TURNERS 2ND ADD
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOT 7 & PT LOT 2 OF 8 SUB OF LOTS 5,6, & 8 BLK 1 HUMPHREY & TURNERS 2ND ADD CITY OF GENESEO

Ownership

  • Current Owner : GENTRY JASON
  • Current Owner 2: GENTRY ANDREA K
  • Previous Owner : FELDMAN WILLIAM M
  • Previous Owner 2: FELDMAN GARY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Geneseo Community Unit School District 228
  • Census Tract: 030301

Geography

  • District: 08
  • Parcel: 08-16-306-016
  • Block: 1
  • Lot: 7,6
  • Municipality: GENESEO
  • Latitude: 41.4587
  • Longitude: -90.1588

    Address

  • Full Address: 505 N College Ave
  • Address - House Number: 505
  • Street Direction: N
  • Address - Street Name: College
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Geneseo
  • Carrier Code: C001
  • 4-Digit Zip Code: 1018
  • Zip Code: 61254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,316
  • Tax Rate Code Area: 080001

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 158,698
  • High Value: 177,625
  • Low Value: 139,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,000
  • First Open Lien Mortgage Lender: UNION FEDERAL SAVINGS AND LOAN
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Loan Amount: $158,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $177,330
  • Market Land Value: $33,765
  • Market Improvement Value: $143,565

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,110
  • Assessed Land Value: $11,255
  • Assessed Improvements Value: $47,855

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Transaction ID: 11722414643
  • Current Sale Price: $172,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20-1906433

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Dec 06, 2019
  • First Mortgage Loan Amount: $163,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

About Geneseo



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 505 North College Avenue located in?
The 505 North College Avenue is a located in the neighborhood of Geneseo in Geneseo, Geneseo.
What is the average sales price for listings in 505 North College Avenue?
The average sales price for units in 505 North College Avenue is $0 currently.

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