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620 Grand Avenue

620 Grand Avenue, Loves Park, IL 61111
Property in Rockford
Sold Apr 09, 2021
$55,000
$44,000 by Midwest Community Bank
Mortgage Due Apr 01, 2051
Sold Aug 17, 2017
$57,000
620 Grand Avenue in Loves Park, IL was first built in 1940 and is 84 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 620 Grand Avenue has 770 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 500 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 308 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. 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, 620 Grand Avenue was last sold in Mar 31, 2021 for $55,000. According to our calculations, that's $71.43 per sqft. Prior to that sales transaction, the property was sold for $57,000 in Aug 16, 2017. Current property owners are expected to pay $1,451 in taxes per year. The property on 620 Grand Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,761. To break that down further, the land itself was valued at $3,365. While improvements to the property were assessed at a total of $17,396. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 770
  • Gross Building Area: 770
  • Building Area: 770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BURCHFIELD GARDENS
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BURCHFIELD GARDENS IN S1/2 SEC 6-44-2LOT 008 BLOCK 002

Ownership

  • Current Owner : KING JASON
  • Current Owner 2: KING REBECCA
  • Previous Owner : ANDERSON BARTON A
  • Previous Owner 2: ANDERSON KAREN L
  • Owner Before Previous Owner: PALMER ROGER E & D M TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 000300

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-06-356-015
  • Block: 002
  • Lot: 8
  • Meridian: SEC 6 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.3127
  • Longitude: -89.0534

    Address

  • Full Address: 620 Grand Ave
  • Address - House Number: 620
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Loves Park
  • Carrier Code: C036
  • 4-Digit Zip Code: 5117
  • Zip Code: 61111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,451
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.2605
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 88,443
  • High Value: 111,484
  • Low Value: 65,403

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $44,000
  • First Open Lien Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Apr 09, 2021
  • First Open Lien Mortgage Loan Amount: $44,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $62,283
  • Market Land Value: $10,095
  • Market Improvement Value: $52,188

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,761
  • Assessed Land Value: $3,365
  • Assessed Improvements Value: $17,396

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11833346730
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12067
  • Previous Sale Recording Date: Aug 17, 2017
  • Previous Sale Contract Date: Aug 16, 2017
  • Previous Sale Amount: $57,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Mortgage Transaction Date: Apr 09, 2021
  • First Mortgage Loan Amount: $44,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Loves Park



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Frequently Asked Questions

What neighborhood is 620 Grand Avenue located in?
The 620 Grand Avenue is a located in the neighborhood of Rockford in Loves Park, Loves Park.
What is the average sales price for listings in 620 Grand Avenue?
The average sales price for units in 620 Grand Avenue is $0 currently.

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