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533 North 40th Street

533 North 40th Street, Belleville, IL 62226
Property in Belleville
Sold Jul 18, 2017
$226,500
Sold Nov 13, 2001
$147,500
$120,000 by Fcb Swansea Bank
Mortgage
533 North 40th Street in Belleville, IL was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. In total, the area measurement of the land is 14,375 square feet.

Learn more about the property and building on this page. There is a open porch. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 533 North 40th Street was last sold in Jul 17, 2017 for $226,500. According to our calculations, that's $103.57 per sqft. Prior to that sales transaction, the property was sold for $147,500 in Nov 9, 2001. Current property owners are expected to pay $7,537 in taxes per year. The property on 533 North 40th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $78,743. To break that down further, the land itself was valued at $7,588. While improvements to the property were assessed at a total of $71,155. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Building Quality: C
  • Building Style: Multifamily
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 2,187
  • Building Area: 2,187
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL HEIGHTS
  • Land Acres: 0.33
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: ROYAL HEIGHTS LOT/SEC-6-BLK/RG-1 DOC A02543863

Ownership

  • Current Owner : LEGACY LAND REAL ESTATE LLC
  • Previous Owner : MARCO INVESTMENTS GROUP LLC
  • Owner Before Previous Owner: ARMSTRONG ELEANOR J
  • Owner Before Previous Owner 2: ARMSTRONG DALLAS C
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Belleville Township High School District 201
  • Census Tract: 501604

Geography

  • District: 02
  • Parcel: 08-08-0-317-020
  • Block: 317
  • Municipality: BELLEVILLE
  • Latitude: 38.5433
  • Longitude: -90.0151

    Address

  • Full Address: 533 N 40th St
  • Address - House Number: 533
  • Street Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Belleville
  • Carrier Code: C063
  • 4-Digit Zip Code: 5636
  • Zip Code: 62226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,537
  • Tax Rate Code Area: 02001

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 73
  • Final Value: 126,878
  • High Value: 143,975
  • Low Value: 109,780

    Market Valuation

  • Market Total Value: $236,229
  • Market Land Value: $22,764
  • Market Improvement Value: $213,465

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,743
  • Assessed Land Value: $7,588
  • Assessed Improvements Value: $71,155

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Transaction ID: 1590392162
  • Current Sale Price: $226,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: A02543863
  • Previous Sale Recording Date: Nov 13, 2001
  • Previous Sale Contract Date: Nov 09, 2001
  • Previous Sale Amount: $147,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COUNTY BANK
  • First Mortgage Transaction Date: Jul 18, 2017
  • First Mortgage Loan Amount: $181,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 17, 2022

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FCB SWANSEA BANK
  • Previous Mortgage Transaction Date: Nov 13, 2001
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Belleville



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Frequently Asked Questions

What neighborhood is 533 North 40th Street located in?
The 533 North 40th Street is a located in the neighborhood of Belleville in Belleville, Belleville.
What is the average sales price for listings in 533 North 40th Street?
The average sales price for units in 533 North 40th Street is $0 currently.

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