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6365 Commonwealth Drive

6365 Commonwealth Drive, Loves Park, IL 61111
Property in Rockford
Sold Apr 22, 2015
$68,000
$54,400 by Blackhawk Bk
Mortgage Due May 01, 2045
Sold Apr 24, 2003
$92,800
Buyer
6365 Commonwealth Drive in Loves Park, IL was first built in 2003 and is 21 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 ranch/rambler 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. 6365 Commonwealth Drive has 1,060 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. In total, the area measurement of the land is 71,874 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 280 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 gypsum boards such as those made of drywall, sheetrock, etc. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 17, 2015 for $68,000. That's $50.75 per sqft. Prior to that sales transaction, the property was also sold in Apr 24, 2003 for $92,800. 6365 Commonwealth Drive was last assessed in 2022. The total value of the property was assessed at $31,198. Specifically, the land the property is located on was valued at $3,476. While improvements on the property were assessed at a total of $27,722. 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 $2,766. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2003
  • Effective Year Built: 2003
  • 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: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 71,874
  • Total Building Area: 1,340
  • Gross Building Area: 1,340
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CARRIAGE HOMES OF PARK HILLS III CONDO
  • Land Acres: 1.65
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CARRIAGE HOMES OF PARK HILLS III CONDOPT NW1/4 SEC 3-44-2 UNIT 16

Ownership

  • Current Owner : LANG ERIK J
  • Previous Owner : GREG FITZGERALD INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003810

Zoning

  • Zoning: R4

Geography

  • Parcel: 12-03-183-016
  • Lot: 16
  • Meridian: SEC 3 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.3223
  • Longitude: -88.9907

    Address

  • Full Address: 6365 Commonwealth Dr
  • Legal Unit: 16
  • Address - House Number: 6365
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Loves Park
  • Carrier Code: R024
  • 4-Digit Zip Code: 8650
  • Zip Code: 61111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,766
  • Tax Rate Code Area: 008

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 136,163
  • High Value: 167,818
  • Low Value: 104,508

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $54,400
  • First Open Lien Mortgage Lender: BLACKHAWK BK
  • First Open Lien Mortgage Recording Date: Apr 22, 2015
  • First Open Lien Mortgage Loan Amount: $54,400
  • 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: May 01, 2045

    Market Valuation

  • Market Total Value: $93,594
  • Market Land Value: $10,428
  • Market Improvement Value: $83,166

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,198
  • Assessed Land Value: $3,476
  • Assessed Improvements Value: $27,722

    Sales

  • Current Sale Contract Date: Apr 17, 2015
  • Current Sale Recording Date: Apr 22, 2015
  • Current Sale Transaction ID: 11708711491
  • Current Sale Price: $68,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Apr 24, 2003
  • Previous Sale Contract Date: Apr 24, 2003
  • Previous Sale Amount: $92,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLACKHAWK BK
  • First Mortgage Transaction Date: Apr 22, 2015
  • First Mortgage Loan Amount: $54,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045

About Loves Park



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Frequently Asked Questions

What neighborhood is 6365 Commonwealth Drive located in?
The 6365 Commonwealth Drive is a located in the neighborhood of Rockford in Loves Park, Loves Park.
What is the average sales price for listings in 6365 Commonwealth Drive?
The average sales price for units in 6365 Commonwealth Drive is $0 currently.

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