512 Park Avenue

512 Park Avenue in Belleville, IL was first built in 1877 and is 147 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. There are a total of 2 floors. There are 2 partial bathrooms. 512 Park Avenue has 560 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 basement is 560 sqft and has been categorized as a full basement. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. There is a open porch. 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 D+. 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 central air conditioning. The property was last sold in Jul 12, 2017 for $8,000. That's $14.29 per sqft. Prior to that sales transaction, the property was also sold in Feb 10, 2017 for $6,000. 512 Park Avenue was last assessed in 2022. The total value of the property was assessed at $17,740. Specifically, the land the property is located on was valued at $4,049. While improvements on the property were assessed at a total of $13,691. 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 $1,698. The initial tax year of delinquency was in 2022. 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. 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.