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518 Northwest 5th Avenue

518 Northwest 5th Avenue, Galva, IL 61434
Property in Galva
Sold Oct 14, 2014
$65,000
$58,500 by Community State Bank
Mortgage Due Nov 01, 2044
518 Northwest 5th Avenue in Galva, IL was first built in 1960 and is 64 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. There is a 1 partial bathroom. 518 Northwest 5th Avenue has 1,600 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. In total, the area measurement of the land is 10,450 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 816 sqft. There are a total of 3 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 frame control joints. The condition of the building has been evaluated as average. As for heating, the home is utilizing a gas heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 518 Northwest 5th Avenue was last sold in Oct 9, 2014 for $65,000. According to our calculations, that's $40.63 per sqft. Current property owners are expected to pay $2,089 in taxes per year. The property on 518 Northwest 5th Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $26,351. To break that down further, the land itself was valued at $3,222. While improvements to the property were assessed at a total of $23,129. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,600
  • Garage Type: Garage
  • Garage Square Area: 816
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,450
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILEYS ADD
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N95 OF E110 LOT 10 BLK 34 WILEYS ADD CITY OF GALVA

Ownership

  • Current Owner : BERRY RONALD L
  • Previous Owner : BOWLING ALAN C
  • Previous Owner 2: COLLINSON DONNA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Galva Community Unit School District 224
  • Census Tract: 031100

Geography

  • District: 24
  • Parcel: 24-28-401-009
  • Block: 34
  • Lot: 10
  • Municipality: GALVA
  • Latitude: 41.1714
  • Longitude: -90.049

    Address

  • Full Address: 518 Nw 5th Ave
  • Address - House Number: 518
  • Street Direction: NW
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Galva
  • Carrier Code: C001
  • 4-Digit Zip Code: 1026
  • Zip Code: 61434

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,089
  • Tax Rate Code Area: 240005

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 87,439
  • High Value: 97,867
  • Low Value: 77,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $58,500
  • First Open Lien Mortgage Lender: COMMUNITY STATE BANK
  • First Open Lien Mortgage Recording Date: Oct 14, 2014
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $58,500
  • 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: Nov 01, 2044

    Market Valuation

  • Market Total Value: $79,053
  • Market Land Value: $9,666
  • Market Improvement Value: $69,387

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,351
  • Assessed Land Value: $3,222
  • Assessed Improvements Value: $23,129

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 09, 2014
  • Current Sale Recording Date: Oct 14, 2014
  • Current Sale Transaction ID: 1090411180
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-1405827

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY STATE BANK
  • First Mortgage Transaction Date: Oct 14, 2014
  • First Mortgage Loan Amount: $58,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2044

    Financing

  • First Mortgage Financing Type: Unknown

About Galva



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Frequently Asked Questions

What neighborhood is 518 Northwest 5th Avenue located in?
The 518 Northwest 5th Avenue is a located in the neighborhood of Galva in Galva, Galva.
What is the average sales price for listings in 518 Northwest 5th Avenue?
The average sales price for units in 518 Northwest 5th Avenue is $0 currently.

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