See Home Value
$203,816*
House - Off Market

516 Cornelia Street

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1224 Sqft
$167,000 - $203,000
Reference Base Price*
10.17%
Since Jan 1, 2022
National-US
Primary Model
Sold Dec 27, 2021
$185,000
$179,450 by Bmo Harris Bank Na
Mortgage Due Jan 01, 2052
Sold Feb 09, 1994
$83,000
$78,850 by First Of America Bk-kankakee/w
Mortgage Due Feb 01, 2024

About This Property

GREAT OPPORTUNITY TO GET A CUTE AND CHARMING 3 BEDROOM 1 BATH WITH A FULL BASEMENT COMPLETE W/LAUNDRY HOOKUPS AND WASHER & DRYER~HARDWOOD FLOORS MOSTLY THROUGHOUT~EAT-IN KITCHEN W/MOST APPLIANCES, SLIDING GLASS DOOR LEADING TO RELAXING BACKYARD COMPLETE WITH 20X14 DECK~ROOF LESS THAN 5 YEARS OLD~ALUMINUM SOFFITS & WOOD SIDING, FRESHLY PAINTED~WATER HEATER NEW IN 2019~NEW FURNACE IN NOV 2005~WATER SOFTENER~ONE CAR GARAGE~NEWER FRONT DOOR~INVITING FRONT PORCH~THIS IS AN ESTATE SALE BEING SOLD AS-IS.  THE ELECTRIC IS FUSES WITH 2 PRONG OUTLETS AND THE WATER LINES ARE A COMBO OF COPPER AND GALVANIZED PIPING.  BOTH HAVE BEEN WORKING SAFELY SINCE 1954 AND THE SELLER IS NOT UPGRADING OR GIVING A CREDIT FOR UPDATING OR REPLACING

The manager has listed the unit size as 1224 square feet.
Unit Size
1,224Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Dec 27, 2021 Sold to Antonio Acosta $185,000
Sold to Antonio Acosta
Dec 17, 2021 No longer available -
No longer available
Nov 5, 2021 In contract -
In contract
Oct 28, 2021 Listed $185,000
Listed
Feb 9, 1994 Sold to Daniel J Kelly $83,000
Sold to Daniel J Kelly

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,987
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,476
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MASON PLACE ADDITION
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE S 11.2 FT OF LOT 285 ALL OF LOT 284 IN MASON PLACE ADDN, IN THE W1/2 OF THE NE1/4 OF SEC. 8 T35N-R10E

Ownership

  • Current Owner : ACOSTA ANTONIO
  • Previous Owner : KELLY ROBERT T
  • Previous Owner 2: ESTATE OF DANIEL J KELLY
  • Owner Before Previous Owner: GEISSLER DOUGLAS K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Revocable Trust

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881700

Geography

  • Parcel: 30-07-08-221-004
  • Lot: 285
  • Meridian: SEC 08 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5334
  • Longitude: -88.1069

    Address

  • Full Address: 516 Cornelia St
  • Address - House Number: 516
  • Address - Street Name: Cornelia
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C071
  • 4-Digit Zip Code: 6040
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,374
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 224,020
  • High Value: 262,224
  • Low Value: 185,816

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $179,450
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Dec 27, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $179,450
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $192,558
  • Market Land Value: $44,619
  • Market Improvement Value: $147,939

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,186
  • Assessed Land Value: $14,873
  • Assessed Improvements Value: $49,313

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Transaction ID: 11876031197
  • Current Sale Price: $185,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: R2021136981
  • Previous Sale Recording Date: Feb 09, 1994
  • Previous Sale Contract Date: Jan 31, 1994
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Dec 27, 2021
  • First Mortgage Loan Amount: $179,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FIRST OF AMERICA BK-KANKAKEE/W
  • Previous Mortgage Transaction Date: Feb 09, 1994
  • Previous Mortgage Loan Amount: $78,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,260 ft²
$135/ft²
$169,900 Aug 16, 2023
-
$397/mo
House
3 Beds
2 Baths
1,560 ft²
$112/ft²
$174,000 Jul 22, 2023
-
$486/mo
House
3 Beds
1 Bath
864 ft²
$220/ft²
$190,000 Aug 16, 2023
-
$301/mo
House
4 Beds
2 Baths
1,700 ft²
$126/ft²
$215,000 Aug 1, 2023
-
$392/mo
House
2 Beds
1 Bath
1,032 ft²
$213/ft²
$219,900 Jul 19, 2023
-
$351/mo
House
5 Beds
2 Baths
1,626 ft²
$123/ft²
$199,900 Aug 14, 2023
-
$426/mo
Multifamily
4 Beds
-
-
$209,900 Aug 9, 2023
-
$427/mo

About Cathedral Area


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Frequently Asked Questions

When was property at 516 Cornelia Street built and last sold?
The property at 516 Cornelia Street was built in 1954 and last sold on Dec 14, 2021 for $185,000.
How much is this home worth?
The estimated value of the home located at 516 Cornelia Street is $187,649.
What are some comparable homes to 516 Cornelia Street?
There are currently no comparable homes to 516 Cornelia Street.

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