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705 East 3rd Street

705 East 3rd Street, Coal Valley, IL 61240
Property in Coal Valley
Sold Oct 13, 2021
$249,900
$179,900 by Gas & Electric Credit Union
Mortgage Due Nov 01, 2051
Sold May 01, 2010
$97,500
Local assessors in Coal Valley, IL have categorized 705 East 3rd Street as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 27,271 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 705 East 3rd Street has a total of 1,826 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. 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 East 3rd Street sold most recently in Oct 1, 2021 for a total of $249,900. If you work out the math, that's approximately a cost of $136.86 per sqft. Before that, the property was also sold for $97,500 in May 1, 2010. 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 $6,543 in taxes each year. 705 East 3rd Street was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $76,335. If we break it down further, the land itself was valued at $12,414. Improvements to the property, however, were assessed at a total of $63,921. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

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

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 624
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,271
  • Total Building Area: 1,826
  • Building Area: 1,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,826
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACKSONS OAK PARK
  • Land Acres: 0.63
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 13 JACKSONS OAK PARK NO 13 SH 10

Ownership

  • Current Owner : KEY AMY L
  • Current Owner 2: KAY CHRISTINA R
  • Previous Owner : EVANS LORI A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Moline Unit School District 40
  • Census Tract: 024000

Zoning

  • Zoning: CV

Geography

  • District: 12
  • Section: 23
  • Parcel: 17-23-412-013
  • Block: 412
  • Lot: 13
  • Municipality: COAL VALLEY
  • Latitude: 41.445
  • Longitude: -90.4578

    Address

  • Full Address: 705 E 3rd St
  • Address - House Number: 705
  • Street Direction: E
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Coal Valley
  • Carrier Code: R003
  • 4-Digit Zip Code: 9413
  • Zip Code: 61240

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,543
  • Tax Rate Code Area: 12003

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: May 17, 2023
  • Confidence Score: 66
  • Final Value: 267,225
  • High Value: 331,853
  • Low Value: 202,596

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $179,900
  • First Open Lien Mortgage Lender: GAS & ELECTRIC CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Loan Amount: $179,900
  • 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, 2051

    Market Valuation

  • Market Total Value: $229,005
  • Market Land Value: $37,242
  • Market Improvement Value: $191,763

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $76,335
  • Assessed Land Value: $12,414
  • Assessed Improvements Value: $63,921

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Transaction ID: 11876638620
  • Current Sale Price: $249,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19052
  • Previous Sale Recording Date: May 01, 2010
  • Previous Sale Contract Date: May 01, 2010
  • Previous Sale Amount: $97,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GAS & ELECTRIC CREDIT UNION
  • First Mortgage Transaction Date: Oct 13, 2021
  • First Mortgage Loan Amount: $179,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Coal Valley



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Frequently Asked Questions

What neighborhood is 705 East 3rd Street located in?
The 705 East 3rd Street is a located in the neighborhood of Coal Valley in Coal Valley, Coal Valley.
What is the average sales price for listings in 705 East 3rd Street?
The average sales price for units in 705 East 3rd Street is $0 currently.

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