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705 Cobb Boulevard

705 Cobb Boulevard, Kankakee, IL 60901
Property in Kankakee
Sold Nov 03, 2022
$220,000
$192,400 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2052
Sold Feb 21, 2018
$150,000
$20,853 by State Bk/herscher
Mortgage Due Apr 21, 2019
Local assessors in Kankakee, IL have categorized 705 Cobb Boulevard as a residential type of property. The property's lot size has been calculated to be 12,325 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. 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, 705 Cobb Boulevard sold most recently in Oct 28, 2022 for a total of $220,000. Before that, the property was also sold for $150,000 in Aug 6, 2007. 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 $6,908 in taxes each year. The initial year of tax delinquency occurred in 2021. 705 Cobb Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,988. If we break it down further, the land itself was valued at $12,805. Improvements to the property, however, were assessed at a total of $46,183. 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. 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. 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

Exterior

Cedar Siding

Parking

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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,325
  • 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: PARK SUB
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: PARK SUB LOT 23 BLK 3 05-30-13W

Ownership

  • Current Owner : BOWMAN-STEFFES SARAH
  • Previous Owner : DRAKE KELLY
  • Previous Owner 2: DRAKE PAUL
  • Owner Before Previous Owner: RICK JONES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012400

Geography

  • District: 16
  • Parcel: 16-17-05-409-015
  • Block: 3
  • Lot: 23
  • Municipality: KANKAKEE
  • Latitude: 41.1116
  • Longitude: -87.8575

    Address

  • Full Address: 705 Cobb Blvd
  • Address - House Number: 705
  • Address - Street Name: Cobb
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C003
  • 4-Digit Zip Code: 5201
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,908
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 16008

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 217,241
  • High Value: 241,224
  • Low Value: 193,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,400
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 03, 2022
  • First Open Lien Mortgage Loan Amount: $192,400
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $176,964
  • Market Land Value: $38,415
  • Market Improvement Value: $138,549

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,988
  • Assessed Land Value: $12,805
  • Assessed Improvements Value: $46,183

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Transaction ID: 11898190524
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12470
  • Previous Sale Recording Date: Feb 21, 2018
  • Previous Sale Contract Date: Aug 06, 2007
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 03, 2022
  • First Mortgage Loan Amount: $192,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: STATE BK/HERSCHER
  • Previous Mortgage Transaction Date: Feb 21, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $20,853
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 21, 2019

About Kankakee



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$825 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 705 Cobb Boulevard located in?
The 705 Cobb Boulevard is a located in the neighborhood of Kankakee in Kankakee, Kankakee.
What is the average sales price for listings in 705 Cobb Boulevard?
The average sales price for units in 705 Cobb Boulevard is $0 currently.

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