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61 North Liberty Street

61 North Liberty Street, Elgin, IL 60120
Property in Lords Park
Sold Jul 02, 2021
$227,000
$184,000 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
61 North Liberty Street has been categorized by the local assessors in Elgin, IL as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 61 North Liberty Street has 3,162 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,490 ft and across the front of the lot is 690 ft. The area measurement of the land has been determined as 10,247 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Jun 18, 2021 for $227,000. That's $51.38 per sqft. 61 North Liberty Street was last assessed in 2022. The total value of the property was assessed at $89,436. Specifically, the land the property is located on was valued at $15,464. While improvements on the property were assessed at a total of $73,972. 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 $7,235. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,256
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,247
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 690
  • Total Building Area: 4,418
  • Gross Building Area: 4,418
  • Building Area: 3,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,162
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JONATHAN FORCES ADDN
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JONATHAN FORCES ADDN EXCEPT SOUTH 5.25 FT LOT 2 BLOCK 1

Ownership

  • Current Owner : GILBERT DAVID
  • Previous Owner : SURERUS ANNE E
  • Previous Owner 2: SURERUS WILLIAM E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851400

Geography

  • Parcel: 06-13-280-003
  • Block: 1
  • Lot: 2
  • Municipality: ELGIN
  • Latitude: 42.0384
  • Longitude: -88.2672

    Address

  • Full Address: 61 N Liberty St
  • Address - House Number: 61
  • Street Direction: N
  • Address - Street Name: Liberty
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C031
  • 4-Digit Zip Code: 5747
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,235
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 354,388
  • High Value: 413,159
  • Low Value: 295,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $184,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $268,415
  • Market Land Value: $46,411
  • Market Improvement Value: $222,005

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,436
  • Assessed Land Value: $15,464
  • Assessed Improvements Value: $73,972

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11841912787
  • Current Sale Price: $227,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K051187

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $184,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Southeast Elgin



Similar Buildings

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Nearby Rentals

Unit for rent at 267 College Street, Elgin, IL, 60120

$2,599 /mo

  • 4 Beds
  • 2 Baths
  • 1,950 ft²
267 College Street, Elgin, IL, 60120 Listing by Joe Whiteside

Frequently Asked Questions

What neighborhood is 61 North Liberty Street located in?
The 61 North Liberty Street is a located in the neighborhood of Lords Park in Southeast Elgin, Elgin.
What is the average sales price for listings in 61 North Liberty Street?
The average sales price for units in 61 North Liberty Street is $0 currently.

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