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634 Sydney Avenue

634 Sydney Avenue, Loves Park, IL 61111
House in Rockford
Sold May 13, 2020
$120,000
$117,727 by Academy Mortgage Corporation
Mortgage Due Jun 01, 2050
Sold Nov 08, 2019
$40,000
634 Sydney Avenue has been categorized by the local assessors in Loves Park, IL as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 634 Sydney Avenue has 1,094 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 706 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,480 ft and across the front of the lot is 570 ft. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

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 attached garage for those who require parking. The garage measured 200 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 634 Sydney Avenue sold most recently in May 8, 2020 for a total of $120,000. If you work out the math, that's approximately a cost of $60.00 per sqft. Before that, the property was also sold for $40,000 in Nov 1, 2019. 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 $2,113 in taxes each year. 634 Sydney Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $27,500. If we break it down further, the land itself was valued at $3,995. Improvements to the property, however, were assessed at a total of $23,505. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Parking

Garage Parking

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • 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: Full basement
  • Basement Area: 706
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 570
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 1,094
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,094
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: J E GOEMBELS 3RD SUB
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J E GOEMBELS 3RD SUB PT S 1/2 NW 1/4 SEC 7-44-2 W 21 FT LOT 21 + E 36 FT LOT022 BLOCK 002

Ownership

  • Current Owner : JACK ADAM
  • Current Owner 2: JACK MARISELA
  • Previous Owner : MADEIRA HOUSING INC
  • Owner Before Previous Owner: JUDICIAL SALES CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-07-152-023
  • Block: 002
  • Lot: 21-22
  • Meridian: SEC 7 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.3058
  • Longitude: -89.0538

    Address

  • Full Address: 634 Sydney Ave
  • Address - House Number: 634
  • Address - Street Name: Sydney
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Loves Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 5924
  • Zip Code: 61111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,113
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.2326
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 117,370
  • High Value: 144,676
  • Low Value: 90,064

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $122,523
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: May 13, 2020
  • First Open Lien Mortgage Loan Amount: $117,727
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050
  • Second Open Lien Mortgage Recording Date: May 13, 2020
  • Second Open Lien Mortgage Loan Amount: $4,796
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $82,500
  • Market Land Value: $11,985
  • Market Improvement Value: $70,515

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,500
  • Assessed Land Value: $3,995
  • Assessed Improvements Value: $23,505

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 13, 2020
  • Current Sale Transaction ID: 11808130688
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12295
  • Previous Sale Recording Date: Nov 08, 2019
  • Previous Sale Contract Date: Nov 01, 2019
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORPORATION
  • First Mortgage Transaction Date: May 13, 2020
  • First Mortgage Loan Amount: $117,727
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050
  • Second Mortgage Loan Amount: $4,796

About Loves Park



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Frequently Asked Questions

What neighborhood is 634 Sydney Avenue located in?
The 634 Sydney Avenue is a house located in the neighborhood of Rockford in Loves Park, Loves Park.
What is the average sales price for listings in 634 Sydney Avenue?
The average sales price for units in 634 Sydney Avenue is $51,500 , or $47/sqft. currently.

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