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508 12th Street

508 12th Street, Rock Island, IL 61201
Property in Old Town Chicago
Local assessors in Rock Island, IL have categorized 508 12th Street as a commercial type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 4,792 square feet. 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.

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. 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, 508 12th Street sold most recently in Jan 1, 1970 for a total of $93,000. If you work out the math, that's approximately a cost of $16.79 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 $3,556 in taxes each year. 508 12th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $34,278. If we break it down further, the land itself was valued at $10,549. Improvements to the property, however, were assessed at a total of $23,729. 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. 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.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 5,540
  • Building Area: 5,540
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: BEECHERS
  • Land Acres: 0.11
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 2 & N 20 FT LOT 3 BLK 42 BEECHERS REPLAT OF BLOCK 42 CHICAGO OR LOWER ADD SHEET 11

Ownership

  • Current Owner : DURHAM CARL
  • Current Owner 2: DURHAM CHARLOTTE J
  • Previous Owner : EARL W SUTTON LIVING TRUST
  • Vacant Flag Date: Jan 16, 2024

Neighborhood

  • School District Name: Rock Island School District 41
  • Census Tract: 022600

Zoning

  • Zoning: RI

Geography

  • District: 09
  • Section: 34
  • Parcel: 07-34-449-025
  • Block: 42
  • Lot: 2-3
  • Municipality: ROCK ISLAND
  • Latitude: 41.5059
  • Longitude: -90.5824

    Address

  • Full Address: 508 12th St
  • Address - House Number: 508
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rock Island
  • Carrier Code: C011
  • 4-Digit Zip Code: 8442
  • Zip Code: 61201

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,556
  • Tax Rate Code Area: 09001T3

    Market Valuation

  • Market Total Value: $102,834
  • Market Land Value: $31,647
  • Market Improvement Value: $71,187

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,278
  • Assessed Land Value: $10,549
  • Assessed Improvements Value: $23,729

    Sales

  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Transaction ID: 11725890193
  • Current Sale Price: $93,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 18730

    Last Sale Mortgage

  • First Mortgage Lender: BANKORION
  • First Mortgage Transaction Date: Oct 20, 2017
  • First Mortgage Loan Amount: $69,750
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 19, 2022

About West End



Similar Buildings

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Nearby Rentals

Unit for rent at 2512 18th Avenue, Rock Island, IL, 61201

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
2512 18th Avenue, Rock Island, IL, 61201 Listing by Chris Atha

Frequently Asked Questions

What neighborhood is 508 12th Street located in?
The 508 12th Street is a located in the neighborhood of Old Town Chicago in West End, Rock Island.
What is the average sales price for listings in 508 12th Street?
The average sales price for units in 508 12th Street is $0 currently.

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