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623 Spring Avenue

623 Spring Avenue, Dekalb, IL 60115
House in DeKalb
Sold Jul 01, 2020
$104,000
$93,600 by Resource Bank
Mortgage Due Jul 01, 2050
Sold Apr 21, 2015
$100,000
$98,188 by First Centennial Mtg Co Ltd
Mortgage
Local assessors in Dekalb, IL have categorized 623 Spring Avenue as a residential type of property. The property's lot size has been calculated to be 8,094 square feet.

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 Apr 22, 2020 for $104,000. Prior to that sales transaction, the property was also sold in Apr 16, 2015 for $100,000. 623 Spring Avenue was last assessed in 2023. The total value of the property was assessed at $42,574. Specifically, the land the property is located on was valued at $9,163. While improvements on the property were assessed at a total of $33,411. 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 $3,322. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,094
  • 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: COLONIAL SUB
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLONIAL SUB - LOT 12 BLOCK 2

Ownership

  • Current Owner : OTTUM ZACHARY R
  • Previous Owner : BALL PHILLIP A
  • Owner Before Previous Owner: STOFFA SARAH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001500

Geography

  • Account Number: 0826301023
  • District: DK
  • Parcel: 08-26-301-023
  • Block: 2
  • Lot: 12
  • Municipality: DEKALB
  • Latitude: 41.9143
  • Longitude: -88.7489

    Address

  • Full Address: 623 Spring Ave
  • Address - House Number: 623
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C009
  • 4-Digit Zip Code: 4763
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,322
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 160,883
  • High Value: 191,830
  • Low Value: 129,936

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $124,100
  • First Open Lien Mortgage Lender: RESOURCE BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $93,600
  • 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, 2050
  • Second Open Lien Mortgage Lender: OLD SECOND NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: May 30, 2023
  • Second Open Lien Mortgage Loan Amount: $30,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 25, 2053

    Market Valuation

  • Market Total Value: $127,722
  • Market Land Value: $27,489
  • Market Improvement Value: $100,233

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,574
  • Assessed Land Value: $9,163
  • Assessed Improvements Value: $33,411

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11772048308
  • Current Sale Price: $104,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020006154
  • Previous Sale Recording Date: Apr 21, 2015
  • Previous Sale Contract Date: Apr 16, 2015
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESOURCE BANK
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $93,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MTG CO LTD
  • Previous Mortgage Transaction Date: Apr 21, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $98,188
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About DeKalb



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Nearby Rentals

Unit for rent at 305-427 Augusta Ave, Dekalb, IL, 60115

$900 /mo

  • 2 Beds
  • 1 Bath
305-427 Augusta Ave #305-427 Augusta Ave, Dekalb, IL, 60115 Listing by Manager

Frequently Asked Questions

What neighborhood is 623 Spring Avenue located in?
The 623 Spring Avenue is a house located in the neighborhood of DeKalb in DeKalb, Dekalb.
What is the average sales price for listings in 623 Spring Avenue?
The average sales price for units in 623 Spring Avenue is $0 currently.

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