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524 16th Avenue

524 16th Avenue, Silvis, IL 61282
Property in Hampton
Sold May 27, 2021
$75,000
$60,000 by Ih Mississippi Valley Credit U
Mortgage Due Jun 01, 2036
Local assessors in Silvis, IL have categorized 524 16th Avenue as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 7,064 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. If we look only at the heated or air conditioned part of the building, then 524 16th Avenue has a total of 748 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. 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, 524 16th Avenue was last sold in May 17, 2021 for $75,000. According to our calculations, that's $100.27 per sqft. Current property owners are expected to pay $1,664 in taxes per year. The property on 524 16th Avenue was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $21,674. To break that down further, the land itself was valued at $5,159. While improvements to the property were assessed at a total of $16,515. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,064
  • Total Building Area: 748
  • Building Area: 748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 748
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ONEIDA HEIGHTS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 16 ONEIDA HEIGHTS ADD

Ownership

  • Current Owner : REID JAMES
  • Current Owner 2: REID DIANA
  • Previous Owner : SHEARS ELIZABETH A
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: East Moline School District 37
  • Census Tract: 020301

Zoning

  • Zoning: SIL

Geography

  • District: 06
  • Section: 6
  • Parcel: 18-06-219-027
  • Block: 219
  • Lot: 16
  • Municipality: HAMPTON
  • Latitude: 41.4933
  • Longitude: -90.4212

    Address

  • Full Address: 524 16th Ave
  • Address - House Number: 524
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Silvis
  • Carrier Code: C003
  • 4-Digit Zip Code: 1815
  • Zip Code: 61282

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,664
  • Tax Rate Code Area: 06015

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: May 17, 2023
  • Confidence Score: 62
  • Final Value: 80,404
  • High Value: 101,710
  • Low Value: 59,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: IH MISSISSIPPI VALLEY CREDIT U
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $65,022
  • Market Land Value: $15,477
  • Market Improvement Value: $49,545

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $21,674
  • Assessed Land Value: $5,159
  • Assessed Improvements Value: $16,515

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11838055184
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9607

    Last Sale Mortgage

  • First Mortgage Lender: IH MISSISSIPPI VALLEY CREDIT U
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

About Silvis



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Frequently Asked Questions

What neighborhood is 524 16th Avenue located in?
The 524 16th Avenue is a located in the neighborhood of Hampton in Silvis, Silvis.
What is the average sales price for listings in 524 16th Avenue?
The average sales price for units in 524 16th Avenue is $0 currently.

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