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543 South 3rd Street

543 South 3rd Street, Rochelle, IL 61068
Property in Flagg
Sold Nov 14, 2019
$90,500
$93,279 by Envoy Mortgage Ltd
Mortgage Due Dec 01, 2049
Local assessors in Rochelle, IL have categorized 543 South 3rd Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,978 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 600 ft. 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 543 South 3rd Street has a total of 892 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. The property was last sold in Nov 8, 2019 for $90,500. That's $101.46 per sqft. 543 South 3rd Street was last assessed in 2022. The total value of the property was assessed at $31,586. Specifically, the land the property is located on was valued at $3,885. While improvements on the property were assessed at a total of $27,701. 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 $2,383. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 892
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,978
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 892
  • Building Area: 892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VASSAR ADD
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RNG/BLK: TWP:0 SECT/LOT: LOT 19 BLK 2 VASSAR ADD CITY OF ROCHELLE

Ownership

  • Current Owner : LYNCH ALICIA M
  • Previous Owner : WEST JAMES J
  • Previous Owner 2: WEST BEVERLY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rochelle Township High School District 212
  • Census Tract: 961600

Geography

  • District: 6
  • Parcel: 24-25-214-008
  • Block: 2
  • Lot: 19
  • Municipality: FLAGG
  • Latitude: 41.9161
  • Longitude: -89.0594

    Address

  • Full Address: 543 S 3rd St
  • Address - House Number: 543
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rochelle
  • Carrier Code: C004
  • 4-Digit Zip Code: 2041
  • Zip Code: 61068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,383
  • Tax Rate Code Area: 640

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 68
  • Final Value: 125,009
  • High Value: 153,382
  • Low Value: 96,635

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $97,079
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Nov 14, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $93,279
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Nov 14, 2019
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $3,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $94,758
  • Market Land Value: $11,655
  • Market Improvement Value: $83,103

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,586
  • Assessed Land Value: $3,885
  • Assessed Improvements Value: $27,701

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Transaction ID: 11704693065
  • Current Sale Price: $90,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906514

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Nov 14, 2019
  • First Mortgage Loan Amount: $93,279
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049
  • Second Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Mortgage Transaction Date: Nov 14, 2019
  • Second Current Mortgage Financing Type: Fixed Rate
  • Second Mortgage Loan Amount: $3,800
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Rochelle



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Frequently Asked Questions

What neighborhood is 543 South 3rd Street located in?
The 543 South 3rd Street is a located in the neighborhood of Flagg in Rochelle, Rochelle.
What is the average sales price for listings in 543 South 3rd Street?
The average sales price for units in 543 South 3rd Street is $0 currently.

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