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71 Lovell Street

71 Lovell Street, Elgin, IL 60120
Property in Northeast Elgin
Sold Aug 07, 2008
Transfer
$109,500 by Nationstar Mortgage Llc
Mortgage Due May 01, 2036
Sold Aug 07, 2008
Transfer
71 Lovell Street in Elgin, IL was first built in 1930 and is 94 years old. This has been categorized as a residential property type. There are a total of 5 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 71 Lovell Street has 1,056 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. The linear feet across the front of the lot is 640 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 9,344 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $4,662 in taxes per year. The property on 71 Lovell Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $59,762. To break that down further, the land itself was valued at $12,768. While improvements to the property were assessed at a total of $46,994. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 5
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 760
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,344
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,816
  • Gross Building Area: 1,816
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOVELLS ADDN
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOVELLS SUB OF THAT PART OF LOVELLS ADDN LYING SOUTH OF LINCOLN AVE LOT 8 BLOCK 7

Ownership

  • Current Owner : RODRIGUEZ BEATRIZ
  • Current Owner 2: SALDANA ALBERTO
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: VAZQUEZ MIGUEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850800

Geography

  • Parcel: 06-11-429-014
  • Block: 7
  • Lot: 8
  • Municipality: ELGIN
  • Latitude: 42.0497
  • Longitude: -88.2859

    Address

  • Full Address: 71 Lovell St
  • Address - House Number: 71
  • Address - Street Name: Lovell
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C001
  • 4-Digit Zip Code: 3639
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,662
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 240,169
  • High Value: 273,530
  • Low Value: 206,809

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,500
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $109,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $179,358
  • Market Land Value: $38,319
  • Market Improvement Value: $141,038

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,762
  • Assessed Land Value: $12,768
  • Assessed Improvements Value: $46,994

    Sales

  • Current Sale Contract Date: Jul 30, 2008
  • Current Sale Recording Date: Aug 07, 2008
  • Current Sale Transaction ID: 1075821818
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2008K064190
  • Previous Sale Recording Date: Aug 07, 2008
  • Previous Sale Contract Date: Jun 29, 2008
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Mortgage Transaction Date: Aug 07, 2008
  • First Mortgage Loan Amount: $137,738
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2038

About Northeast Elgin



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Nearby Rentals

Unit for rent at 267 College Street, Elgin, IL, 60120

$2,599 /mo

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267 College Street, Elgin, IL, 60120 Listing by Joe Whiteside

Frequently Asked Questions

What neighborhood is 71 Lovell Street located in?
The 71 Lovell Street is a located in the neighborhood of Northeast Elgin in Northeast Elgin, Elgin.
What is the average sales price for listings in 71 Lovell Street?
The average sales price for units in 71 Lovell Street is $0 currently.

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