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558 Rivercove Court

558 Rivercove Court, Machesney Park, IL 61115
Property in Harlem
Sold Apr 11, 2017
$140,000
$106,000 by Membersalliance Credit Union
Mortgage Due Dec 01, 2035
Sold Sep 30, 1996
$122,900
558 Rivercove Court in Machesney Park, IL was first built in 1995 and is 29 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 tri-level style. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 558 Rivercove Court has 2,182 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. The linear feet across the front of the lot is 830 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 10,752 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. For those who need parking, there is a garage. The garage is 528 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of concrete. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 558 Rivercove Court sold most recently in Apr 7, 2017 for a total of $140,000. If you work out the math, that's approximately a cost of $64.16 per sqft. Before that, the property was also sold for $122,900 in Sep 30, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,102 in taxes each year. 558 Rivercove Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,678. If we break it down further, the land itself was valued at $5,895. Improvements to the property, however, were assessed at a total of $53,783. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Tri-level
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 674
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,752
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 830
  • Total Building Area: 2,182
  • Gross Building Area: 2,182
  • Building Area: 2,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,182
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DIXONS ACRES
  • Land Acres: 0.247
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DIXONS ACRES BNG PT NE1/4 SEC 18-45-2LOT 12

Ownership

  • Current Owner : RICE LORA L
  • Previous Owner : JORDAN MARIETTA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 003805

Geography

  • Parcel: 08-18-206-012
  • Lot: 12
  • Meridian: SEC 18 TWN 45 RANGE 2
  • Municipality: HARLEM
  • Latitude: 42.3809
  • Longitude: -89.0477

    Address

  • Full Address: 558 Rivercove Ct
  • Address - House Number: 558
  • Address - Street Name: Rivercove
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Machesney Park
  • Carrier Code: C010
  • 4-Digit Zip Code: 7422
  • Zip Code: 61115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,102
  • Tax Rate Code Area: 133

    Appraisal Valuation

  • Standard Deviation: 0.2464
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 259,889
  • High Value: 323,944
  • Low Value: 195,834

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,000
  • First Open Lien Mortgage Lender: MEMBERSALLIANCE CREDIT UNION
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Loan Amount: $106,000
  • 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: Dec 01, 2035

    Market Valuation

  • Market Total Value: $179,034
  • Market Land Value: $17,685
  • Market Improvement Value: $161,349

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,678
  • Assessed Land Value: $5,895
  • Assessed Improvements Value: $53,783

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2017
  • Current Sale Recording Date: Apr 11, 2017
  • Current Sale Transaction ID: 11708804793
  • Current Sale Price: $140,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Sep 30, 1996
  • Previous Sale Contract Date: Sep 30, 1996
  • Previous Sale Amount: $122,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPINE BK&TR CO
  • First Mortgage Transaction Date: Apr 11, 2017
  • First Mortgage Loan Amount: $112,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Machesney Park



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Frequently Asked Questions

What neighborhood is 558 Rivercove Court located in?
The 558 Rivercove Court is a located in the neighborhood of Harlem in Machesney Park, Machesney Park.
What is the average sales price for listings in 558 Rivercove Court?
The average sales price for units in 558 Rivercove Court is $0 currently.

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