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601 3rd Avenue

601 3rd Avenue, Rock Falls, IL 61071
Property in Coloma
Sold Oct 29, 2020
$100,000
$99,250 by Community State Bank Of Rock F
Mortgage
This has been categorized as a residential property type. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,420. In total, the area measurement of the land is 7,100 square feet.

Learn more about the property and building on this page. 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, 601 3rd Avenue sold most recently in Oct 21, 2020 for a total of $100,000. 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 $2,406 in taxes each year. 601 3rd Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $26,810. If we break it down further, the land itself was valued at $4,239. Improvements to the property, however, were assessed at a total of $22,571. 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. 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.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERRILLS SECOND ADDITION
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MERRILLS 2ND ADD LOT 12 BLK 20 83600X

Ownership

  • Current Owner : LUDWIG JUSTIN
  • Previous Owner : JOHNSON JEFFREY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rock Falls Elementary School District 13
  • Census Tract: 001500

Geography

  • Account Number: 106653
  • District: 11
  • Parcel: 1128439006
  • Block: 20
  • Lot: 12
  • Municipality: COLOMA
  • Latitude: 41.7775
  • Longitude: -89.6901

    Address

  • Full Address: 601 3rd Ave
  • Address - House Number: 601
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rock Falls
  • Carrier Code: C002
  • 4-Digit Zip Code: 1218
  • Zip Code: 61071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,406
  • Tax Rate Code Area: 01110

    Appraisal Valuation

  • Standard Deviation: 0.1245
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 74,779
  • High Value: 84,093
  • Low Value: 65,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,250
  • First Open Lien Mortgage Lender: COMMUNITY STATE BANK OF ROCK F
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Loan Amount: $99,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $80,430
  • Market Land Value: $12,717
  • Market Improvement Value: $67,713

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,810
  • Assessed Land Value: $4,239
  • Assessed Improvements Value: $22,571

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11798304284
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-07021

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY STATE BANK OF ROCK F
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $99,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Rock Falls



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Frequently Asked Questions

What neighborhood is 601 3rd Avenue located in?
The 601 3rd Avenue is a located in the neighborhood of Coloma in Rock Falls, Rock Falls.
What is the average sales price for listings in 601 3rd Avenue?
The average sales price for units in 601 3rd Avenue is $0 currently.

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